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HomeAway Buys Up BedAndBreakfast.com

Vacation home rental site HomeAway is acquiring BedandBreakfast.com, a site for finding bed-and-breakfast properties all over the world.
The terms of the deal were not disclosed, but BedAndBreakfast.com will continue to operate as a separate site from HomeAway.
Austin, TX.-based BedandBreakfast.com lists more than 10,000 B&Bs across 100 countries. HomeAway, which is also based in [...]

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Wed, March 3 2010 » Uncategorized » No Comments

Glam Media On A Roll: Raises $50 Million In Private Equity At $750 Million Valuation

Glam Media, a vertical advertising network, has raised its fifth round of venture capital – $50 million from aeris CAPITAL, a Switzerland and Silicon Valley based private equity fund. The company is not disclosing the valuation of the round, but it is rumored to be around $750 million.
Glam’s last major funding was a $85 million [...]

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Tue, February 2 2010 » Uncategorized » No Comments

Ten-Year Venture Capital Returns Continue To Slide

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 [...]

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Mon, February 1 2010 » Uncategorized » No Comments