Archive for ‘Liquidity’

September 16, 2009

Did Jobvent Get Acquired?

Chalk one up for the little guy if my deduction is correct.

A while back, I saw a tweet from @oofoot that his side project was up for sale. After four years he had decided to move on and was looking for buyers. After that there were a few tweets and one about some interest from a European buyer. Then nothing more and I kind of forgot about it.

Recently, I went to the site and noticed some pretty big changes which lead me to investigate further. Now the advertisers are the big names in the HR field such as the Ladders and National education Institutions.

Further investigation revealed a tight integration with, to the point where I think it is obvious that Glassdoor has purchased Jobvent.

In which case, a big congratulations goes out to Craig for a successful exit and a job well done. No Y Combinator, no investors, just an engineer and a product people want.

Now he can focus his efforts on Raizlabs and creating other cool apps like the one they built for RunKeeper.

Reblog this post [with Zemanta]
March 24, 2009

Bluefin Lab

Genotrope Record: Bluefin Lab

Funding Status: Seed

Investors: ?

Founders or Execs past companies: Another Andy Palmer mentored company. MIT

Industry: Consumer Web, Video Search

Offering Description: cutting edge video search technology applied to the exciting world of consumer media.

Reblog this post [with Zemanta]
March 4, 2009

Web Innovators Group 21 Tuesday March 10th

Dont forget to sign up for the 21st Web Inno next Tuesday at the Royal Sonesta Cambridge.

Main Dishes

Adroit Interactive

Side Dishes


Let us know which ones are your favorites or any comments you wish to offer about the companies presenting.

December 22, 2008

Who Do You Think Should be on this List? Best of Boston Web 2008

We are really just putting this  out there as a starting point in hope that readers will add to the list. Of course it is nowhere comprehensive and totally subjective. Let us know your choices. Oh, and don’t nominate yourself, spread the kudos around.

Networking Event:

Web Innovators Group

WebInno was founded and is currently led by David Beisel of Venrock. It is the stalwart networking event for mobile and web technology startups in the Boston area.

Started informally in the fall of 2005 it has grown to the present day where up to 800 people gather to schmooze and review the latest crop of services from bootstrapped or seed funded companies.

Open Coffee   Wednesdays,  8:30 am – 10:30 am: Andala Coffee House‎
286 Franklin Street

This is the Cambridge version of the concept that originated in London by Saul Klein of  Index Ventures. The idea was to organise real-world informal meetups to chat, network and grow. The Cambridge group was  started by Nabeel Hyatt of Conduit Labs and Bijan Sabet of Spark Capital, and meets every wednesday morning. It is well worth attending to meet the next generation of entrepreneurs and have lively discussions about what everyone is doing.


BetaHouse Jon and Brian have created a workplace  that caters to pre funded startups as well as individuals looking for office space.  If you are looking for a great environment to crank some code, go check it out.  They host a good party too.

VC Funded 2008:

If you want to watch  a startup and learn how to market in the online world, you could have no better example that Hubspot. They are building a business teaching companies how to attract potential customers without using the less effective traditional means of interruption and expensive advertising.  Follow along as they ride the wave of marketing based upon permission, organic search traffic and the use of social media, that is inbound marketing.

Angel Funded 2008:

Tipjoy Y Combinator launched and Angel funded, Tipjoy has been generating a lot of interest with it’s new Auto Twitter integration, see an example of how it is being used by @Pistachio for the WellWishes campaign. They also deserve kudos for returning to the Boston area rather than base the company in Silicon Valley.

Flipkey After building a useful initial site and ramping user acquisition, they landed a strong group of angel investors including Nick Beim of Matrix Partners. Then soon afterward, TripAdvisor took a majority ownership position in the company, validating the team and concept.

MyPunchbowl is a prime example of building a business through executing on the fundementals. Incremental and steady improvement of the product and continually acquiring users lead to a recent follow on investment.


One of our readers turned us on to Editme. Nice product and business, no VC and a healthy dose of excellent customer service, makes Editme a winner.

JobVent This simple concept continues to gain momentum and users by providing a platform for users to get off their chest feelings about their work environment.


North Bridge Venture Partners deserves recognition for diversifying a portfolio that has been very successful in the traditional domains of Boston VC’s, namely communications and enterprise software.  Recent investments in a variety of categories of web offerings from a career site, virtual goods market, social media infrastructure, financial communities and mobile photo blogging have set them apart in 2008 as a growing participant in the Boston Web scene.

Angel Investor:

YCombinator the seminal Advisor/Investor firm that has spawned many copycat endeavors. While some may have the advisory chops, fewer still have the connections and none have Paul Graham.  Hats off to the idol of hackers around the world and the gadfly to Boston VC’s.

Bantam Group We first heard about this angel investor only a few months ago. After some research, it was clear that Bantam Group may be the best Boston Angel investor you’ve never heard off. One look at their investments will tell you that they are supporting new Web companies more than any other local angel.

Entrepreneur Blogger:

Furquan Nazeeri started blogging about his experience as an EIR at Softbank in 2007. Always insightful and even more interesting now that he has started his own company Bringing perspectives from both sides of the  table, Altgate is a must read for anyone interested in entrepreneurship and investing in startups.

Most Influential Blogger:

Scott Kirsner

Scott has been promoting two big issues that are important for Boston area starups.  The elimination of non-compete agreements and pushing for an organized effort to keep our best graduating students in the Boston area and engaged with the Emerging Technology community.

Social Mediaologist:

Chris Brogan

Don’t even try to keep up with this guy. There is a lot of  fluff in the S M crowd, but Chris puts the hype into action.

July 17, 2008

Boston area Companies purchased by CA Companies

Whoops, I found this in my drafts. Somehow I failed to post this. So it may be a little dated, but still interesting information.

Paul Maeder of Highland Capital created a very interesting slide #14 showing the Boston Companies that have helped make CA or out of state companies grow. This slide is from a talk at the Massachusetts Technology Leadership Council’s annual meeting in February titled. How MA Gets Her Groove Back.

We obviously know how to create startup here. Seems we might need to hold on or hold out a little longer to create those $ Billion Dollar anchor companies.

June 26, 2007

Avalere quietly acquired by Iron Mountain

 Company URL:

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.

May 16, 2007

Third Screen Media Inc., Acquired by AOL

Company Name: Third Screen Media Inc.
Company URL:

Citation URL:
Formation Date: Q3 2005
Funding Status: Acquired for profit
Investors: TD Capital Ventures, Blue Chip Venture Company.

Founders or Execs past companies: M-Qube, Britemoon, Fast Channel,

Industry: Mobile Advertising
Offering Descripton: TSM|Network, the world’s largest, single-source mobile ad network and MADX, the only web-based, mobile ad management and delivery platform that connects agencies, publishers and carriers.

May 1, 2007

Back to the Bubble……. Not…………..Quite

This is mostly old news, but it makes sense to point out some of the relatively quick liquidity events that have happened in 2006 – 2007.

Most recently Tabblo an on-line photo sharing and printing company was acquired by HP.

In 2006 Onfolio was acquired my Microsoft. Don’t quote me but I think it was less than a year old with less than 10 employees.

In april of 2006 SiteAdvisor was acquired by Mcafee. SiteAdvisor was founded in April 2005

So it is obvious that we are entering a bubble again right! Not really. The difference is that all three companies had proven teams and founders that had previous experience.

Tabblo’s Antonio Rodriguez had previously founded two other companies.

Onfolio was founded by J. J. Allaire of Allaire and Cold Fusion fame.

SiteAdvisor was founded by two past founders of Vividon and an X VC from Bessemer.

The point of this post is to show the difference between 2000 and 2007. Better ideas, better founders, better value propositions.