David Shore’s Web 2.0 Weekly tracks capital in the Web 2.0 market. Once a week he presents all the financial information that’s publicly available on Web 2.0 markets, including his basket of 92 publicly traded Web 2.0 companies. He tracks financings, stock prices, news and more for the Web 2.0 world.
This week’s edition starts off with an assessment of financings over the last quarter (down, very down), but later on shows that Web 2.0 companies are beating the Nasdaq over the last few weeks.
Worth a read, and even if you’re not a subscriber, you can grab it each week off Scribd.
Let’s face it. The funding environment in Canada is a mess. Mark isn’t saying anything new when the best option an entrepreneur has for financing is to appear as a contestant on the Dragon’s Den.
There is innovation happening here in Canada. I’m not sure whether the current conversation has done anything to move the funding situation forward, however. And does it really matter? Most entrepreneurs seem to have moved on from the fantasy of a fat VC cheque to the reality of bootstrapping and angels.
…in the last two years, most of the province’s most promising entrepreneurs have designed and built emerging businesses specifically so they will not need to access venture capital that has not been there. If the provincial government is serious about preserving the current generation of entrepreneurs, then it needs to make sure that those who are in the market today can access ETF funds.
Suzie recommends visiting the ETF home page, and using the “comment” link at the bottom of the page to send email asking for insight and an opportunity to comment on the investment guidelines before they’re released.
Some congratulations are clearly in order for the Tungle team. Right ahead of the market meltdown they’ve secured $5 million in additional financing led by Massachusetts Commonwealth Capital Partners. In addition, Tungle has released an update to their application in order to make it much more web based. Gone is the clunky desktop application for [...]
The rumours have been circulating for some weeks about Truphone’s series B financing. Today Truphone announced a raise of £16.5m, or approximately $33 million, this after acquiring operator Sim4Travel a week ago. The raise was smaller than some of the rumours intimated (numbers as high as $60 million were being bandied about), but is still [...]
If you're raising money in Canada, Suzi Dingwall-Williams has published a summary of some of the ways that a startup can finance itself. The key message? Venture funding isn't the only way. In fact, there are many ways to raise money. Venture capital may be one of the toughest in today's environment, where reportedly VC [...]
If so, you'll want to attend this session being run by my friends Suzi Dingwall-Williams and Naomi Morisawa de Koeven. By giving entrepreneurs the information they need up front, Suzi and company hope it will cost them less to do the legals in later rounds. Venture Law Line presents Friends, Family and Angels: How to [...]
Albert Lai just recently posted about Frank Demmler’s Techyvent articles on Venture Capital the other day. These are a must read resource for any startup entrepreneur, which I’d forgotten about. I made extensive use of this material developing our cap table models a little over a year ago. Thanks Albert!
Peter Rip’s Venture Capital Sure Seems Broken – It’s About Time is the latest in a whole series of introspective pieces from VC’s on what’s wrong with their industry. For entrepreneurs, there’s a very valuable lesson in this post. High valuations can work to your disadvantage. As I have written previously, planning for an early [...]
This arrived in my inbox a few minutes ago: Attached is a copy of our press release this morning announcing an injection of $10M US into Versatel Networks. The timing is quite good for this as I’m sure you will have seen the most recent activity in VoIP – Skype and Ebay, Microsoft and Telio. [...]
