They’re more than doubling revenue every quarter and will soon be on track for a million dollar run rate. The only concern was that they didn’t know what their cost of customer acquisition was, nor did they which channels would be most effective, or how much they could acquire out of each channel. Same thing with direct mail. MORE >>

The Kauffman Foundation released today a new study by Martin Kenney, Don Patton, and Jay Ritter on the employment and revenue growth of all companies that have made initial public offerings over the past 14 years. The new contributions from this study pertain to post-IPO revenue and jobs. Read the report for further information. MORE >>

And the funds came from revenue generated by my portfolio of web applications and websites that I’ve built over the past several years. This acquisition is a long story, but if you have a few minutes let me tell you the best parts. But within 24 hours we were off and running, discussing a potential acquisition. exit big! MORE >>

Federated shares Lijit’s focus on publishers (“the best of the independent web”), but unlike Lijit, who helps publishers generate revenue through better monitizing their non-premium inventory, Federated sells unique, high value premium inventory across their federated group of publishers. The fit is a natural one. MORE >>

Remember that Playfish was acquired by EA in 2009 for $300M, which was reported to be 4x revenues.). There are numerous venture-backed companies generating $100M+ in revenues that are going to IPO (some of our portfolio included). My employer, Qualcomm, has already announced a $3bn acquisition of Atheros this month. MORE >>