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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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Stock Market Drops. Then It Rallies. What Happens Next for Funding?

Both Sides of the Table

Come 2009 we felt really bullish about the future for startups because the froth was gone and so, too, were wantrapreneurs. The people left standing had a compelling vision to build companies and we backed many in 2009. When this period was fresh, in Sept 2009, I wrote a very detailed assessment of what I thought had just happened.

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

TechCrunch

Sila announced Monday it raised $13 million in Series A funding for its banking and payment platform that gives software teams tools to build the next generation of financial products and services. 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.

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This Week in the New York Innovation Community – February 1st, 2010

This is going to be BIG.

The phenomenon, they argue, will accelerate creativity across a larger network. RSVP: [link] 12PM Networked News Gatherers: Defining the Social Media Editor Role, hosted by Time Inc. Usually these discussions focus on Marketing, PR, Customer Service or an Agency. So which is it? The Suxorz occurs in four rounds. RSVP: [link].

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Taiwan’s funP Innovation raises $3.12m to fuel smart retail, cloud drive into Indonesia

AsiaTechDaily

The company received the support of Ennoconn Corporation, a global leader in integrated cloud management services, industrial internet of things (IoT) and embedded technology, in the funding round. The investment will also help an ongoing drive to transform funP into a cloud services company.

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Metropolis’ AI Platform Transforms Parking Experiences, Backed by $1.8 Billion in Financing

American Entrepreneurship

SP+) now offers this service to over 4,000 SP+ locations through its AI-driven platform. The company now has North America’s largest parking network having also purchased Premier Parking’s 500+ locations in 2022. He also co-founded ParkMe in 2009 achieving the world’s most comprehensive parking database.

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What went wrong at Techstars

Founders Coop

Just two years later, in 2009, we worked out a deal to create the Techstars Seattle program, with our first program running in 2010. It began with an effort to extract “sponsorship” dollars from local service providers: the lawyers, accountants, recruiters and PR firms that cater to startups.