TodayInMusic: Rdio gets $17.5 mln funding, Warner exec on board

February 3, 2011

Niklas Zennstrom Skype

Rdio, the social media music service backed by the founders of KaZaa and Skype, has raised another $17.5 million in its latest round of funding.

For Web startups, 2011 kicks off with flood of funding

January 12, 2011

MARKETS-KOREA-FOREX/The East Coast has been buried in copious amounts of snow this winter. In Silicon Valley, the only thing falling from the sky seems to be money.

Newly funded Echo Nest tells music industry: “It’s the data, stupid”

October 5, 2010

Echo Nest Parakeet

Of the many ways the traditional music industry has struggled in the fast evolving digital music world has been understanding who is listening, why they’re listening , when and where they’re listening and find ways to build music-based products and services around that — especially since not as many people are buying music as they used to.

from Summit Notebook:

VC’s Lament: the ones that got away

May 18, 2010

Vic Gundotra, Vice President of engineering at Google (R) and Omar Hamoui, founder and CEO of AdMob converse during the "Mobile: Where's The Money Going?" panel at the Fortune Tech Brainstorm 2009 in Pasadena, California July 23, 2009. REUTERS/Fred Prouser
Whether it’s passing up on a ticket to Woodstock or not buying Apple stock at $80 a share in January 2009, everybody has regrets.

Want an in with Kleiner? Send a drawing

May 18, 2010

For Matt Murphy, partner with influential Silicon Valley Venture fund Kleiner Perkins and point person on the firm’s iFund, old-school is still the way to go.

Getty Images invests in Daylife, takes snapshot of business

September 16, 2009

As someone who only stopped using his 35 year-old Topcon camera when its shutter broke (irreparably), it was nice to have a phone interview with Getty Images Chief Executive Jonathan Klein on Monday.

Facebook’s start-ups strut their stuff

September 2, 2009

Facebook opened its doors to venture capitalists on Tuesday.******The world’s largest social media company, which landed $200 million in funding in May, wasn’t trying to drum up any more cash for itself.******Instead, it was promoting a couple dozen start-up companies that leverage its technology and could further the strategy of making Facebook a key building block for Internet businesses and services.******The start-ups were selected by Facebook earlier this year through fbFund, a joint venture between Facebook, Accel and Founders Fund that provides seed funding (typically between $15,000 and $75,000 per start-up) to Facebook application developers.******The start-ups toiled through the summer in Facebook’s erstwhile Palo Alto, California headquarters and Tuesday was show-time: a chance to show off their progress and, they hoped, secure a more substantial chunk of funding from the VCs assembled.******Unlike traditional Facebook applications, such as games that run directly within the Facebook Web site, many of the products showcased on Tuesday were stand-alone Web sites that tap into a Web surfer’s network of Facebook friends using the Facebook Connect service.******Thread.com, an online dating site, allows people to cull through their Facebook friends’ friends, searching for say, single women in a certain age group, and to contact a prospective date via a trusted friend.******Another start-up, Sociable, provides a service that it said can boost sales for online retailers by integrating transactions with Facebook. The company said it was already generating revenue and that concert-promoter LiveNation is a customer.******According to Founders Fund’s Dave McClure, who organized Tuesday’s event, five fbFund companies are already break-even or profitable, and another three expect to get there by the end of the year – no small feat given the rough economy.******Facebook will need more such success stories as it seeks to transform its own company from the Web’s top social networking destination into the underlying social fabric of all Web sites.

from Commentaries:

Start-ups better off with angels than VCs

July 22, 2009

Self-financed angel investors are often found where venture capitalists fear to tread. They typically provide seed financing to start-ups that is counted in the thousands or tens of thousands instead of the millions VCs have to throw around.

Less and less funding for venture green shoots

July 13, 2009

VC fundrasing falls off cliff

Hard-pressed private equity firms complain a lot about the difficulties in making classic leveraged buyouts work. Some talk of elbowing in on early-stage investments of the sort which venture capital is known. They won’t have lots of competition from incumbents.

from Entrepreneurial:

Young entrepreneurs to watch in the tech sector

June 1, 2009

Bill Gates was 19 when he came up with the idea for Microsoft. Michael Dell was the same age when he started selling computers out of his dorm room. Who are the teenagers and 20-somethings trying to hatch the big tech and media ideas of tomorrow?