Sarah's Feed
Jan 24, 2013

Entrepreneurs plan D.C. road trip to talk up immigration reform

SAN FRANCISCO (Reuters) – San Francisco-based entrepreneur Garrett Johnson is usually too busy with his messaging start-up for much travel, but one issue has inspired him to cross the country: immigration reform.

On February 5, he and a dozen other entrepreneurs will head to Washington to talk with members of Congress about why new visa rules are needed to bring in the kind of talent that would help their companies grow.

Jan 22, 2013

Ribbit Capital raises $100 million finance-focused fund

SAN FRANCISCO, Jan 22 (Reuters) – Ribbit Capital, a firm
founded by financial-services entrepreneur Micky Malka, has
closed its inaugural $100 million fund, Malka said on Tuesday.

The firm is tapping into a split in venture funding that has
emerged in recent years, with funds tending to the large and
diverse or the small and specialized.

Jan 18, 2013

Venture capitalists tightened purse strings last quarter, year

SAN FRANCISCO, Jan 18 (Reuters) – U.S. venture capitalists
invested $6.4 billion in start-up companies in the fourth
quarter, continuing a slowdown in spending, according to a
report from the National Venture Capital Association and
consultancy PriceWaterhouseCoopers.

The $6.4 billion was spent across 968 deals. That represents
a 13 percent decline in dollar terms over the prior-year period.
For the full year, investments fell 10 percent to $26.52
billion.

Jan 17, 2013

SurveyMonkey’s funding highlights fading allure of IPOs

SAN FRANCISCO (Reuters) – Online survey company SurveyMonkey said on Thursday it has started an $800 million recapitalization that will allow it to cash out early shareholders and investors.

The financing underscores a trend in Silicon Valley to delay initial public offerings long beyond the time a company reaches revenue and profitability benchmarks that would have made it an IPO shoo-in in years past.

Jan 17, 2013

Online company SurveyMonkey wins $800 million recapitalization

SAN FRANCISCO, Jan 17 (Reuters) – Online survey company
SurveyMonkey has started an $800 million recapitalization that
will allow it to cash out early shareholders and investors, the
company said on Thursday.

The financing underscores an increasing tendency in Silicon
Valley to delay initial public offerings long beyond the time a
company reaches revenue and profitabilty benchmarks that would
have made it an IPO shoo-in in years past.

Jan 16, 2013

Insight: How cleantech tarnished Kleiner and VC star John Doerr

SAN FRANCISCO/LOS ANGELES (Reuters) – In the spring of last year, John Doerr received some bad news: Miasole, the solar-panel maker backed by his famed venture capital firm, Kleiner Perkins Caufield & Byers, was on the verge of bankruptcy.

If Miasole went under, it would be a dramatic collapse for a once-promising startup that in its heyday had been valued at $1 billion. It would also be a failure for Doerr, who for years had argued passionately that clean technology could be the biggest business opportunity of this century.

Jan 16, 2013

How cleantech tarnished Kleiner and VC star John Doerr

SAN FRANCISCO/LOS ANGELES, Jan 16 (Reuters) – In the spring
of last year, John Doerr received some bad news: Miasole, the
solar-panel maker backed by his famed venture capital firm,
Kleiner Perkins Caufield & Byers, was on the verge of
bankruptcy.

If Miasole went under, it would be a dramatic collapse for a
once-promising startup that in its heyday had been valued at $1
billion. It would also be a failure for Doerr, who for years had
argued passionately that clean technology could be the biggest
business opportunity of this century.

Jan 11, 2013

In spite of violent national tragedies, horror films endure

SAN FRANCISCO, Jan 11 (Reuters) – The unexpected turnout
this month to see horror movie “Texas Chainsaw 3D” just weeks
after a mass shooting at an elementary school in Connecticut
underscores the enduring appeal of the genre to both filmgoers
and studios.

The lucrative return on such low-budget films, combined
with studio success releasing them in January, means U.S.
audiences will get their fill of horror in the weeks to come.

Dec 21, 2012

Dealtalk: Slow growth offline, fear of Amazon drives retail deals

By Olivia Oran and Sarah McBride

(Reuters) – Bricks and mortar retailers like Nordstrom Inc (JWN.N: Quote, Profile, Research) and Walgreens (WAG.N: Quote, Profile, Research) have found a way to deal with growing pressure from Amazon (AMZN.O: Quote, Profile, Research), by joining forces with small e-commerce companies.

Through acquisitions, investments and partnerships with smaller, emerging start-ups, large retailers are breaking into new markets and tapping into the social media and marketing expertise of the firm’s often tech-savvy founders.

Dec 21, 2012

Slow growth offline, fear of Amazon drives retail deals

Dec 21 (Reuters) – Bricks and mortar retailers like
Nordstrom Inc and Walgreens have found a way to
deal with growing pressure from Amazon, by joining
forces with small e-commerce companies.

Through acquisitions, investments and partnerships with
smaller, emerging start-ups, large retailers are breaking into
new markets and tapping into the social media and marketing
expertise of the firm’s often tech-savvy founders.