Steve Case, Ted Leonsis and Donn Davis have just announced investor commitments totaling $450 million in the new Revolution Growth fund. The team plans to use the money primarily to invest in East Coast companies with innovative and disruptive business models that come packed with potential for explosive growth. Given that Leonsis and Case invested [...]
Sometime in early 2010, self-described deal seeker Cheryl Yeoh had accumulated 40 vouchers from a handful of daily-deal sites. After a few forgotten vouchers almost expired, she began posting new ones on her food blog to keep track. Readers commiserated with her daily-deal inundation, and she began to see a market opportunity. “I saw this [...]
As a Washington area startup founder if they are thinking about making a move to the bay area and they will probably tell you that they are or have in recent months. This is natural. This is not, however, the point that we need to be focused in on as a community in in 2011. [...]
I’m going to do something I rarely do: eat my own words. There apparently is a bubble in Washington, DC after all. All the people out there saying there is a bubble are just plain eager to have one, but they have been focusing their attention in the wrong places. It is just a one [...]
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 [...]
That’s right, Living Social, a Washington, DC Social Matchbox alum from 2008 is running a Super Bowl Ad this year. I can’t wait to check it out. They will be running a 30 second spot.
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 [...]