TWiVC April 28: Mark Suster

Episode

TWiVC April 28: Mark Suster

This Week in Venture Capital airs LIVE every Wednesday at 2pm PST / 5pm EST with Host Mark Suster.

Mark Suster, Investment Partner at GRP Partners. You can find Mark’s insights into issues facing entrepreneurs, technologists and the venture capital industry at Both Sides of the Table.

Mark is on several Boards including RingRevenue, GumGum, Ad.ly and Burstly. Mark is an Angel Investor in Affordit, ExpenseBay, EagleCrest Energy and several others companies. Mark founded Launchpad LA, a mentorship program helping LA based companies get funding. For more information on Mark you can visit his site, Both Sides of the Table.

Watch us on ThisWeekIn, UStream, Justin.TV, and Stickam. We are also on IRC #venturecapital

VC Financings:

Zong

$15mm in Series

Investors: Matrix (Dana Stadler, who was the CTO of PayPal)

Read more: TechCrunch

Blippy

$11.2mm in Series A, rumored pre-money of $35mm; $1.6mm angel raised in Jan 2010

Investors: August Capital (David Hornik) (lead) with existing investors Charles River Ventures

Read more: TechCrunch

In late April 2010, VentureBeat published that Blippy credit card numbers were published on Google search followed by Blippy’s response

Wildfire Interactive

$4mm in Series A

Investors: Summit Partners (lead), Jeff Clavier, Aydin Senkut, Gary Vaynerchuk

Read more: TechCrunch

ShoeDazzle

$13mm in Series B

Investors: Lightspeed Venture Partners (Jeremy Liew) (lead), with existing investors Polaris Venture Partners, Crosscut Ventures

Read more: TechCrunch

OpenCandy

$5.0mm in Series B

Investors: Google Ventures

Read more: TechCrunch

M&A

Jigsaw (acquired by Salesforce.com)

$142mm plus earnout of up to $14.2mm

LabPixies (acquired by Google/iGoogle)

$15-$25mm (rumored)

Read more: TechCrunch

http://www.domainnoob.com John Humphrey
The Dodd bill. Thoughts?
…”The second thing the Dodd Bill proposes is to eliminate the existing federal pre-emption over state regulation of “accredited offerings.” This means that venture and angel financings would be regulated state by state, creating a ton of rules and regulations that each financing would need to be subject to. Each financing would require startups to register with the SEC, which could take up to 120 days to review the filing. This may in itself kill most angel investments, since angels like to react quickly to the market, and most technology investments are clearly time sensitive.
Read more: http://www.secondshares.com/2010/04/27/how-the-…