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Posts Tagged ‘Union Square Ventures’

Fred Wilson tops PeekScores of 20 of the Most Powerful Venture Capitalists

Tuesday, July 19th, 2011
Fred Wilson

Fred Wilson has the top PeekScore among U.S. venture capitalists

What is PeekScore?: PeekScore is a rank from 1 to 10, assigned to every person. The higher someone’s score, the “more important” they are on the web. In calculating your PeekScore and updating it often, PeekYou takes into account your known presence and activity on the Internet, including but not limited to; your blogging, participation in social networks, the number of your friends, followers, or readers, the amount of web content you create, and your prominence in the news.

TechJournal South asked PeekYou to do a PeekScore on the 20 most powerful venture capitalists. Top score would be 10.

Here they are:

Rank

Picture

Name

Company

PeekScore

1   Fred Wilson Union Square Ventures 9.13 / 10
2   Reid Hoffman Greylock Partners 9.06 / 10
3   Peter Barris New Enterprise Associates 8.21 / 10
4   Michael Moritz Sequoia Capital 8.21 / 10
5   Jim Breyer Accel Partners 8.17 / 10
6   Marc Andreessen Andreessen Horowitz 8.10 / 10
7   Peter Thiel Founders Fund 8.08 / 10
8   Peter Fenton Benchmark Capital 8.06 / 10
9   Josh Kopelman First Round Capital 8.03 / 10
10   Scott Sandell New Enterprise Associates 8.00 / 10
11   David Skok Matrix Partners 7.91 / 10
12   Kevin Efrusy Accel Partners 7.65 / 10
13   David Sze Greylock Partners 7.55 / 10
14   Jeremy Levine Bessemer Venture Partners 7.13 / 10
15   Douglas Leone Sequoia Capital 6.69 / 10
16   Joel Cutler General Catalyst Partners 6.36 / 10
17   Sean Dalton Highland Capital Partners 6.15 / 10
18   Harry Weller New Enterprise Associates 6.11 / 10
19   Terry McGuire Polaris Venture Capital 5.49 / 10
20   Bob Goodman Bessemer Venture Partners 5.32 / 10

Federal agencies joining Tumblr blogging platform

Thursday, July 7th, 2011

TumblrMore U.S. Federal agencies are joining Tumblr, the free blogging and social networking service, according to Federal Computer Week. It says the General Services Administration was the first to tumble. Now, the Peace Corp., the State Department and the National Archives have also joined the increasingly popular blogging platform.

Tumblr, founded in 2007 by David Karp, has raised funding from  Union Square Ventures, Spark Capital, Martin Varsavsky, John Borthwick (Betaworks), Fred Seibert, and Sequoia Capital and other investors. It has about 21 million users, up from 15 million in March.

We recently tried it out ourselves. Tumblr is extremely easy to use, share posts by others you follow or post photos, videos, audio or text. It’s also a lot of fun for casual browsing. It or its users may eventually face some copyright violation problems similar to those YouTube deals with, but since almost everything comes from the Web and sources are generally acknowledged, much of it may be deemed fair use.

The GSA jumped aboard in March with its USA.gov blog on the Tumblr platform. It offers news and tips from various federal agencies.

The National Archives is using the Tumblr blog to present images from its collections, such as old maps, photos and illustrations. Most of the Tumblr blogs are visually oriented.

Going by our own experience with the Tumblr platform, we suspect it will just continue to gain popularity. Businesses that use it properly may also find it effective, but as one Tumblr exec has pointed out, agencies or businesses or organizations will need to monitor and respond to feedback, not just post their own items. Social media experts who attend TechMedia’s annual Internet focused conferences (next is Digital East in Tysons Corner, VA in September) say again and again that listening is essential and as important as pushing out fresh content.

Some agencies may be wary of the Tumblr platform because of the ease of commenting and interacting. The FCW article notes that many agencies are using another blogging platform, WordPress, which is what TechJournal South uses.

 

 

 

 

Funded: Atlanta, Digital Assent and Renewvia; Maryland, Regent Education, more

Monday, June 27th, 2011

Digital AssentAtlanta-based Digital Assent, provider of the award-winning PatientPad self-service patient check-in and patient education solution, has received $7.5 million in a Series B funding round.  The lead investors were Sanan Private Equity, the BIP Opportunities Fund and Buckhead Investment Partners (BIP).  Imlay Investments and BLH Venture Partners, who led the Series A funding earlier this year, also contributed.

The PatientPad is a wireless touch-screen solution that automates the patient check-in process and delivers targeted health information and advertising to interested patients while they sit in their healthcare provider’s waiting room, exam room or treatment room. This funding will fuel expansion of the company’s sales, marketing and product development efforts.  Since January, the company has sold nearly 1,500 PatientPads to 175 practices in 25 states.

Atlanta’s Renewvia beams in $2.26M for solar tech

Atlanta-based solar power firm Renewvia has beamed in $2.26 million of an equity raise targeted at $6.15 million, according to a filing with the U.S. Securities and Exchange Commission. The company raised a bit over $1 million in a round aimed at $2 million in June 2009.

The company develops, installs, owns and manages solar powr plants for commercial property owners and developers.

Regent Education raises $4.5M for college financial aid automation tech

Frederick, MD-based Regent Education has chalked up $4.65 milion of a $5 million equity offering, according to a filing with the SEC.  The company previously raised about $1.85 million.

It sells SaaS solutions for colleges and private education institutions to automate financial aid processes. It caters to schools with non-standard or non-term offerings. It processes more than 1 million students a year.

Grotech sells LivingSocial stake for $200 million

PE Hub reports that venture firm Virginia-based Grotech has sold its stake in group local buying firm DC-based LivingSocial for $200 million. PEHub’s Jonathan Marino reports that Grotech did so without using secondary markets, instead making private sales to investors in multiple blocks.

Virginia-based MANDIANT closes strategic investment wiht One Equity Partners

MANDIANT, which sells detection and response solutions and services says it has closed on an equity investment from One Equity Partners. The amount of the financing was not disclosed.

Headquartered in Alexandria, Va., with offices in New York, Los Angeles and San Francisco, MANDIANT provides products, professional services and education to Fortune 500 companies, financial institutions, government agencies, domestic and foreign police departments and leading U.S. law firms. MANDIANT comprises one of the industry’s largest incident response and forensics forces.

“Over recent months the importance of knowing whether your network has been breached has become alarmingly clear. MANDIANT is the global leader in helping major corporate and government entities answer this question and execute an effective response. With the experience and financial resources of MANDIANT’s new investors, we are confident MANDIANT will prosper in the years ahead,” said OEP’s Jody Gessow.

Foursquare locates $50M

Foursquare, the location-based mobile platform and social network that helps members gain points for sharing information about local venues and brands, has raised $50 million in a round led byAndreessen Horowitz with participation from Spark Capital and O’Reilly Alpha Tech Ventures and Union Square Ventures. TechCrunch says the company’s pre-money valuation is $550 million.

Foursquare co-founders Dennis Crowley and Naveen Selvadurai met in 2007 while working in the same office space (at different companies) in New York City. Working from Dennis’ kitchen table in New York’s East Village, they began building the first version of foursquare in fall 2008, and launched it at South by Southwest Interactive in Austin, Texas in March 2009.

Foursquare has about 10 million users globally and 3 million check-ins daily. More than 400,000 businesses are using its Merchant Platform. Headquartered in New York, it has about 70 employees.

Guide to corporate entities for startups

Wednesday, March 3rd, 2010
Guide to corporate entitites

Fred Wilson of Union Square Ventures

Entrepreneurs and startups all face a decision early in their development. What sort of corporate entity should they become?

The choices include limited liability companies, “C” Corporations, “S” Corporations and limited partnerships.

All have advantages and disadvantages. We have mulled over these choices during our years with several startups.

While many startups begin as LLCs, “C” Corporations offer some advantages.

We found this blog post Corporate Entitites on Musings of a VC by Fred Wilson of Union Square Ventures a helpful guide for the entrepreneur or anyone considering a startup.

While noting he is not a lawyer, the venture capitalist does avoid much of the heavy jargon that can make legal explanations hard to grasp. The post focuses on the tax structures and essential differences of each choice.