Remove 2008 Remove Application Development Remove Revenue Remove Social Network
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It’s Morning in Venture Capital

Both Sides of the Table

The movie, “The Social Network” might have had more of an impact on creating future entrepreneurs than any other event of the past 5 years. LP contributions to VC firms shrunk from 2000 and by 2005-2008 had stabilized to around $30 billion per year. Web businesses can now grow revenue before they can even afford sales people.

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From Agency to Enterprise Software: The Evolution of Buddy Media

This is going to be BIG.

I don’t know exactly when the agency to product transfer happened at Buddy, or at what point you can start calling yourself a software company (when service revenues dip below subscription/license revs?), but the evidence would suggest that repositioning the company as social enterprise software was a master stroke.

Software 112
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After Layoffs and Profit Warnings, 888 Buys Mytopia’s assets for $18 million

VC Cafe

According to VentureBeat Games , the deal is estimated at $18 million, but could reach up to $48 million if Mytopia’s assets hits certain revenue milestones by 2011. Launched in 2008 by brother and sister Guy and Galia Ben Artzi, Mytopia offered a casual games community, where users can play against each other in real time.

Stock 74
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Special: 72 Israeli Companies Exhibit at the 2010 Mobile World Congress

VC Cafe

After a somewhat disappointing congress in 2009, in which companies showcased products from previous years, this year is expected to be faster, greener and ‘cloudier’ Looking at the conference agenda , it’s not hard to spot the trends for 2010: Mobile Clouds – additional storage and new revenue streams to operators.

Mobile 110