rockyou
Economy Woes Hit Tech Industry – Software Companies Get Scared!!
By Tawny on October 17, 2008
Three weeks ago, there was talk about a recession and most people were positive that it wouldn’t affect the
In this weeks BINC.TV episode Boris, Grant & Eli talk about the hit many technology companies have taken due to the struggling economy. Their theory seems to be Go Big or Go Home! Watch this week’s episode to find out why.
Part 1
Part 2
Post to techzulu
Posted in Software Industry News | Tagged a round funding, acquisition, advertising, angel funding, apple, b round funding, bailout, BigFish, broker, bunker down, bunker mode, business model, c round funding, Camel, capitol, CEO, chicken little, credit, d round funding, downturn, earnings report, exit, Financial, fortune 500, funded, Google, great depression, herd mentality, investment, IPO, kellogs, left view, M&A, marketing ploy, merge, Money pipeline, ning, nuclear winter, Paypal, Procter Gamble, profitable, quarter 3, rat race, real estate, right view, rockyou, Seattle, seed funding, sequoia capitol, sidelines, slide, startup, stock market, stock market crash 2008, successful, superbowl ads, survival, tech sector, Trion, VC, Venture Capitol, web 1.0, Web 2.0, web bubble, wetpaint, “go big or go home” | Leave a response
Web 2.0 Bubble
By Boris on July 21, 2008
I started noticing an interesting trend happening in the software/web marketplace as of the start of this year. Companies would begin announcing major rounds of funding well beyond the average for that given round. Companies who come to mind that received big rounds are ning (44Million), linkedin (53Million), rockyou (35Million), slide(50Million), facebook (300Million) obviously, and several others. I remember when Ning picked up their round, Marc Andressen went on record to say that he doesn’t need the 50mm nor does he plan to use that money to spurt any sort of abnormal growth – instead he said that ning is proven and here to stay and this money is to ensure we can weather any sort of storm that may hit over the next several years.
Posted in General thoughts | Tagged amazon, cnet, Ebay, facebook, linkedin, marc Andressen, ning, rockyou, shopping.com, slide, vc funding, Web 2.0, web 2.0 bubble, Yahoo | Leave a response

Find Us On: