Fundraising Acceleration Is The New VC Investment Thesis

2300190277_451883da3e_o There was a quite a jolt on Friday from the news that Slack, a company whose eponymous enterprise communications platform was first publicly launched this year, raised $120 million in new venture funding from KPCB and Google Ventures. Even more eye-popping was the valuation: $1.12 billion. Although Slack pivoted from an earlier incarnation as a games company called Tiny Speck, such a growth… Read More

HomeAway Mulls Venture Fund As It Hits A Milestone

Screen Shot 2014-07-03 at 8.32.19 PM The vacation rental marketplace HomeAway is pondering a move into backing startup companies. As it passes a recent milestone of breaking more than 1 million listings on its service, one of the first online marketplaces to challenge the hotel industry may begin making minority investments in companies that would add value to its service. Read More