article thumbnail

LinkedIn: The Series A Fundraising Story ? AGILEVC

Agile VC

round which closed in November 2003, and the pre-money valuation between $10 million and $15 million. This is my 2nd time trying this, first time was in 1999. We’ve had a supportive board and encouraging metrics and a helpful climate for our community news notion (now 51 sites in 3 states). It was a $4.7M

article thumbnail

Is There a Valuation Bubble for Social Media Companies (and if so, is it Bursting)?

Pascal's View

In April 2011, just prior to the Linked In, Pandora, and RenRen IPO’s, Fred Wilson reaffirmed his belief on his blog that we were not in a bubble in this sector: “I n all the posts over the past year or so outlining my thoughts on the financing and valuation environment in the internet sector, I’ve avoided using the word Bubble.