Most small companies can’t take advantage of the big trends occurring in the world today, but they can keep an eye out for small ones that they can then translate into new businesses or companies. Thinking small and being imaginative can let entrepreneurs succeed.
With daily deals in retreat, it’s forcing companies that have built up to serve that market to evolve. DealsGoRound, a secondary market for deals, is now relaunching as MyCabbage, a broader service for saving not just deals but gift cards and coupons.
Is it the end of an era for the former rock star venture capital firm Kleiner Perkins and did greentech play a large part in that fall from grace?
Groupon’s precipitous stock decline since its public offering in November 2011 has turned the local commerce company from a web hero to a piñata. The problem is that of false expectations and lofty valuations from a company that was never really a tech-company.
Author tours have never been a guaranteed way to sell books, so many publishers have cut back on them. Togather, a new Brooklyn-based startup, hopes it can reinvent the author tour by guaranteeing that a certain number of books will be sold in advance.
While some venture capitalists are moving away from funding cleantech startups, NEA — one of the oldest and most established VC firms out there — plans to stay in energy tech investing for the long haul and will continue to invest in new energy innovators.
A lot of hopes were riding on Facebook having a superstar IPO, including the hopes of venture investors that it would help trigger a wave of interest in other social-web companies, which could then also go public. But now those rosy assumptions are in question.
When it comes to the new generation of internet companies, VCs are from Venus and public market investors are from Mars. So the big question is who is right? Answer is in the stock prices of Zynga, Groupon and Facebook.
Proving that the venture model is working for at least a few select brand name venture capitalists, NEA announced on Wednesday that it’s closed a massive $2.6 billion new fund. The firm describes the fund as “one of the largest venture funds ever raised.”
The Swedish investor has become a new backer of Billpay, a Samwer brothers operation and PayPal rival that’s talking expansion – but what kind?