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The venture capital valuations for still-have-that-new-car-smell startups like Quora, FourSquare, Blippy are reaching unprecedented levels, and we wanted to find out why. Top VCs Marc Andreessen, Ron Conway and David Hornik came by the TechCrunch offices to debate the issue.
Four month old Blippy is worth around $38 million. Quora, still in private beta, is valued [...]
Sun, April 4 2010 » Uncategorized » No Comments
Soulja Boy’s Crank Dat might be the most-watched viral video of all time, with a collective 722 million views, but Lady Gaga just became the first artist to surpass one billion online video views across her three most popular videos: Poker Face (375 million views), Bad Romance (360 million views), and Just Dance (273 million [...]
Wed, March 24 2010 » Uncategorized » No Comments
Newly independent Aol is still struggling with the fate of Bebo, the social network they acquired for $850 million in 2008.
No one argues that Aol underpaid for Bebo. And the social network has fallen from 22 million monthly unique visitors when it was acquired to just 14.6 million today (Comscore worldwide). But even so, [...]
Wed, March 10 2010 » Uncategorized » No Comments
We’ve been covering the growth of Meebo’s chat bar extensively since its launch: after a fairly slow ramp up in 2008, it’s since been deployed to 130 partner sites and now has a reach of 100 million unique visitors. Now that the company has landed partnerships with a number of large publisher sites and [...]
Wed, February 10 2010 » Uncategorized » No Comments
In less than six months, online restaurant reservation site OpenTable has seated an additional one million diners via its mobile apps. In late October, OpenTable had reached the milestone of seating one million diners via its mobile offerings, a year after its iPhone app launched. It took only four and a half months to seat [...]
Wed, February 10 2010 » Uncategorized » No Comments
Ten-year returns for Venture Capital firms continue to slide downwards for the 5 and 10-year periods ending on September 30, 2009 according to the Cambridge Associates U.S. Venture Capital Index, the VC performance benchmark of the National Venture Capital Association.
As investments in startups during the lucrative 1990’s tech boom are no longer included, ten-year returns [...]
Mon, February 1 2010 » Uncategorized » No Comments
