Bijan Sabet and Fred Wilson continue a long tradition of a couple investors utterly dominating their sectors by betting on what they know, and getting in early before others even know there is an opportunity.
Spark Capital has closed an oversubscribed fourth fund of $450 million. The venture capital firm was an early investor in companies like Twitter and Tumblr, and said it plans to continue its strategy of investing in companies early on, with the potential for follow-ons.
This is second edition of our weekly What we are listening to series.This week, I asked Matt Brezina, co-founder and CEO of online-to-offline photo service, Sincerely. In his past life he was co-founder of Xobni, and is an avid music listening.
In this occasional weekend column, if we asked people in the tech industry to share the apps they use, their favorite gadgets and most importantly, the songs that inspire them? Of course, we will get them to share their Spotify and Rdio playlists as well.
The new Forbes Midas List is out and it ranks the top 100 venture capitalists. The list ranks uber-VC Fred Wilson below those whose performance is average at best. I find the list confusing, thanks to an ambiguous and somewhat faulty methodology.
Two prominent members of Twitter’s board of directors–Fred Wilson and Bijan Sabet–are stepping down from their roles overseeing a company…
Two of the early investors of Twitter — Fred Wilson of Union Square Ventures and Bijan Sabet of Spark Capital — are leaving Twitter’s board of directors. This is the latest shake-up in the long list of shake-ups at the San Francisco–based company.
Blogging platform Tumblr has raised another round of financing from its existing venture backers, Spark Capital and Union Square Ventures, putting pressure on the company to start generating revenue. It is exploring various options, but founder David Karp has said that he is “opposed to advertising.”
Location-based services such as Foursquare have become so popular that rumors have been swirling the company might be acquired for $100 million. But angel investor and startup advisor Dave McClure says such services will have to show users the money in order to achieve mass appeal.