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Playing the Long Game in Venture Capital

Both Sides of the Table

This “overnight success” was first financed in 2004. The abundance of late-stage capital is good for us all. It’s amazing to me that a company that just a little over 5 years ago was struggling to attract capital at much more than $100 million valuation can now ACQUIRE companies for this amount.

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How the New York City innovation community can still lose (and what you can do about it)

This is going to be BIG.

I remember hearing that a New York City venture fund was raising money in 2004 and almost skipping the meeting, because New York wasn’t a viable place to deploy that much capital—it was a small blip in the past. From an infrastructure perspective, we’re a lot better off than we were before.

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This Week in VC – Scott Painter, CEO of Zag & TrueCar

Both Sides of the Table

Company plans to use the capital to build out sales and marketing and r&d. -a led by Altos Ventures and Maverick Capital, with Larry Braitman. Current round: $7.0mm Series-B led by MK Capital, withClearstone Venture Partners and Shasta Ventures. New capital to be used for international expansion and to challenge Skype.

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Congrats to Backupify! A Great Exit Story for the First Company I Ever Backed

This is going to be BIG.

I started reading a great blog called Business Pundit in 2004. Venture Capital & Technology' In fact, my history with Rob and Backupify goes back almost ten years, well before the idea of cloud backup was ever a glimmer in anyone''s eye. It was written by a guy about my age down in Louisville, Kentucky.

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Master of Customer Acquisition, Matt Coffin, On Startups …

Both Sides of the Table

What better than to have capital from somebody who has actually done it in the trenches? Matt’s commitment to re-investing in tech startups is reminiscent to this great Fred Wilson post of “recycling capital. &#. Selling LowerMyBills: o In 2004 he was getting a lot of call to take more money but was not interested.

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VCs at Freestyle, Plexo Capital and Sequoia join Startup Battlefield judges

TechCrunch

Prior to joining Sequoia, Chen worked at Emergence Capital and McKinsey. The seed-stage venture capital firm holds more than $565 million assets under management and investments in over 150 startups. The seed-stage venture capital firm holds more than $565 million assets under management and investments in over 150 startups.

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Virtual social network IMVU raises $35M from China’s NetEase and others

TechCrunch

Menlo Park-based Structural Capital among other institutions that also joined in the strategic round totaling $35 million. IMVU has raised more than $77 million from five rounds since it was co-founded by “The Lean Startup” author Eric Ries back in 2004. The company declined to disclose its post-money valuation.