Posts Tagged: Exits

DC’s Blackboard Acquired for $1.64 Billion

Washington, DC based Blackboard, Inc. (NASDAQ: BBBB) announced today that the company has entered into an agreement to be acquired by an investor group led by affiliates of Providence Equity Partners in an all-cash transaction valued at approximately $1.64 billion, plus the assumption of approximately $130 million in net debt.  The transaction is subject to… Read more »

Former Washington Area Startup, Social Gaming Network (SGN), Acquired!

Social Gaming Network (SGN), a Washington area startup that left for the bay area a few years ago, was acquired this week by Mind Jolt, another gaming network.  The terms of the deal were not disclosed.  Congratulations to Shervin Pishevar, a friend and former coworker. You may recall that back in the 2006-2007 time-frame, Freewebs… Read more »

A Different Kind of Bubble

People in the media really want there to be a startup bubble.  People in the startup community are looking out for a bubble.  So I thought about this and decided to put some thought into what to make of this media bubble patrol.  Here it what I came up with. As far as all my… Read more »

Deconstruct Media, Inc. Acquired By Verve Wireless, Inc.

Washington area startup Deconstruct Media, Inc. has just been acquired by San Diego, CA based Verve Wireless, Inc. for an undisclosed sum. Deconstruct is a mobile advertising technology company founded by a team of former product and engineering executives.  As part of the deal, Brent Halliburton, the founder and CEO of Deconstruct, will join… Read more »

$334+ Million In Recent Washington Area Startup Deals

The Washington area startup deal flow is really hot right.  More than $334 million in funding deals and exits have happened recently, and that is just the stuff we have heard about.  This should serve as motivation for all of the startup founders out there. Optoro Raises $1.85 Million Series A – more. SnagFlims Raises… Read more »

The Rising Tide of Startup Valuations

Yesterday Pui-Wing Tam, who writes for the Wall Street Journal, served up nice story about rising valuations of web startup companies titled ‘Web Start-Up Valuse Soar’.  If you missed it then you may want to go read the full article here. Tam discusses the mind boggling $87.5 million valuation that Q&A sit Quora, Inc. got recently and the  $46 million… Read more »