June 27, 2007
If you read alot of the VC blogs, I don’t have to tell you that there is universal link love for the new blogger and veteran Web start-up founder Mark Andreessen. The love may be because his posts are full of useful information and insight from an experienced entrepreneur. But the exuberance and quantity of the adulation may arise from a secondary motivation……..
With sites trying to rate VC’s , level the playing field between entrepreneurs and VC’s, alternative investment approaches , entrepreneurial minimalism , books like Founders at Work and many other stories of “Vulture Capitalists” showing the negative side of the VC world, the VC’s were over joyed to have someone portray them in a positive light. An inspiration to the saintly toilers…….
“We should not only be thankful that we live in a world in which VCs exist, we should hope that VCs succeed and flourish for decades and centuries to come, because the companies they fund can do so much good in the world — and as we have seen, a lot of the financial gains that result flow into the coffers of nonprofit institutions that themselves do huge good in the world.”
Maybe they were starved for affection. In any case I imagine that the reality exists somewhere between gushing adulation and the experiences of this panel.
June 26, 2007
Company URL: http://www.avalere.com/portal/
BLOG POST : Steve’s IT Rants
Iron Mountain quietly bought the assets of start-up Avalere, who had some pretty big and interesting plans in the area of data categorization and classification. Those ideas turned out to be much bigger than their funding source, however.
June 22, 2007
Company Name: SpotScout
Company URL: http://www.spotscout.com/
Citation URL: http://www.boston.com/news/local/massachusetts/articles/2007/01/07/startup_eyes_online_marketplace_for_open_parking_spaces/?page
Funding Status: First Round
Founders or Execs past companies: Navimedix, Aveksa
Industry: Consumer Web
Offering Descripton: At SpotScout we believe that, if given the right tools, individuals and communities can solve their own parking problems by creating virtual markets for parking information. Whether a parking garage, a private space, or a space on a street, our software enables space seekers to acquire timely information on space availability before arriving at their destinations.
June 16, 2007
Genotrope Record: Auraria Networks, Inc.
Funding Status: First Round
Investors: Matrix Partners
Founders or Execs past companies: SpringTide Networks, Enterasys
Industry: Communications Equipment
Offering Descripton: Auraria Networks, Inc. is a company dedicated to providing unique solutions to problems that businesses and other organizations have with content; particularly in an on-line or continuously connected world. We will make products that allow one to realize the full potential of the content that exists in a networked world and profit from it in many ways.