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What do Accel Partners, Andreessen Horowitz, Khosla Ventures and Redpoint Ventures have in common? Besides being tier one venture capitalists, at least one thing: They are all fighting furiously to be the lead investor in Foursquare’s next venture round.
All that competition is driving the valuation massively upwards, too. A couple of weeks ago we’d heard [...]
Thu, March 25 2010 » Uncategorized » No Comments
One of Yahoo’s key chief technologists, Sam Pullara, is leaving the company to become an Entrepreneur in Residence (EIR) at Benchmark Capital. Pullara was the technologist how headed up the development of the the Yahoo! Open Application Platform, the Yahoo! Query Language and Yahoo! Pipes. His departure follows that of veteran Yahoo senior [...]
Fri, March 19 2010 » Uncategorized » No Comments
Mobile social networks have tremendous potential to flourish in developing countries where mobile phone usage trumps internet connectivity. SMS based social networks like SMSGupshup have gained considerable traction in Asia because of this. For example, in India, there is currently a 10 to 1 mobile-to-PC ratio. Mig33, a mobile social network that involves VoIP calls, [...]
Sat, March 13 2010 » Uncategorized » No Comments
