Remove 2008 Remove Database Remove Social Network Remove Valuation
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ProfessorVC: A Lot of Horn Tooting over a Kazoo sized deal

Professor VC

They have a cute little app that takes a picture of a business card, populates your contact database and data is confirmed through crowd sourced labor. I asked him how the deal came out for investors since the sale price was significantly lower than the valuation on the round they were raising when we met. ► 2008. (14).

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Stock Market Drops. Then It Rallies. What Happens Next for Funding?

Both Sides of the Table

Valuations were enormous relative to progress in companies. Companies with less than $2 million in revenue were asking for $50-60 million valuations and getting them. I spent my days meeting companies, figuring out what areas of the market interested me and trying to get a sense for how VCs thought about fair valuations.

Stock 305
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The Series A crunch is hitting now. Have we even noticed?

pandodaily.com

Lastly, seed-stage entrepreneurs who have pushed for the maximum valuation possible haven’t done themselves any favors. Meanwhile, their seed investors aren’t particularly incentivized to get them a Series A that crams the previous valuation down.

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What Jonah @Peretti, CEO of BuzzFeed, Sees in the Future of Digital Media

Both Sides of the Table

(there’s a great story from Jonah in the video but you have to watch to hear it :)) But it’s undeniable that it has become a digital media powerhouse having raised around $500 million in capital with a valuation reported at $1.7 billion and revenues likely exceeding $250 million (Wikipedia lists 2015 revenue at $167 million).

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