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This Week in VC with Dana Settle of Greycroft Partners

Both Sides of the Table

Closing a VC fund in 2009/10 is a major achievement in and of itself. Founded in November 2007 in New York City by Alexis Maybank and Kevin Ryan (co-founder of DoubleClick); CEO is Susan Lyne (ex-CEO Marta Stewart Living Omnimedia) Revenue estimates: $50mm in 2008; $170mm in 2009 (versus budget of $150mm); $450mm forecasted for 2010.

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Understanding Changes in the Software & Venture Capital Industries

Both Sides of the Table

The biggest media attention in our industry went to the so-called “super angels&# during the 2009/10 timeframe and while I don’t believe there is such thing as a super angel I believe that much media attention was deserved. Spawning of Micro VCs. These people understand that the nature of startups have changed.

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Sila banks $13M to offer single API for developing financial products, services

TechCrunch

CEO Karkal has a long history in the fintech space, co-founding Simple, an app unifying various accounts into one accessible bank card, in 2009. Its banking APIs enable developers to create their own digital wallets, replacing the need to integrate with legacy financial institutions.

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Muck Rack, the journalist database, raises $180M in its first outside funding

TechCrunch

Today, Muck Rack is making another kind of connection, with investors: it’s raised $180 million in what it’s describing as its first outside funding, having been bootstrapped since being founded back in 2009. Elser and Scott Feldman of SGE will be joining the board.

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Announcing the startups and judges onstage at TC Sessions: Mobility 2022

TechCrunch

“Boston Materials is a high-performance materials company enabling manufacturers of industrial and consumer products to break through their design trade-offs with new materials. It is produced from 100% reclaimed carbon fiber, enabling new, high-volume, energy-efficient products that have a low carbon footprint.”

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Preparing Your Startup for the Next M&A Wave

Revolution

As an active board member across several companies, I often advise against acquisitions that require additional investments to actualize value. A second non-traditional way to enter the M&A stream is through strategic board enhancements. People join boards for many reasons, but one of them is to leverage their networks.

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Paytm raises $1.1 billion from anchor investors in India’s blockbuster IPO

TechCrunch

Blackrock, GIC, Canada Pension Plan Investment Board, Birla MF are among the investors who financed the anchor round, Paytm said in a filing with a local exchange. A successful listing would enable Paytm to attain the title of the biggest IPO in India, surpassing a record $2.07

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