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Following Okta's Strong Friday Debut, Newest Tech IPO Could Outpace Unicorn Snap
Monday, April 10, 2017 - 8:50am | 559Read More...Snap Inc (NYSE: SNAP) has set the ball rolling for tech IPOs this year, and there is a long list of companies — such as Dropbox, Spotify, Uber and Airbnb — queueing up to offer their shares to the public as the year progresses. Making The Opening Moves Okta Inc (NASDAQ: OKTA), an...
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12 Years Of YouTube
Tuesday, February 14, 2017 - 5:02pm | 484Read More...YouTube, part of Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), is celebrating its twelfth anniversary on Tuesday. Three former Paypal Holdings Inc (NASDAQ: PYPL) employees — Chad Hurley, Steve Chen and Jawed Karim — founded YouTube twelve years ago on this day. YouTube was started as a...
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Silicon Valley's Problem: Tons Of Cash, Few Sure Bets
Thursday, October 20, 2016 - 9:38am | 534Read More...Silicon Valley has a problem. Not necessary a bad problem, but a problem nonetheless. Venture capital firms have too much money and too few investment ideas. According to a Bloomberg report, venture capital firms raised a whopping $12 billion in the first quarter of 2016 alone, which marks a 10-...
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A $1 Trillion Industry Is Under Siege From Startups
Friday, June 10, 2016 - 3:47pm | 313Read More...The insurance technology, or insurtech, industry is still in its infancy. But, a number of startups operating in this industry recently raised millions from top venture investors, according to a report on CNBC. The report said such companies have "partnered with global incumbents, and are offering...
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Facebook's Vice President Mike Vernal Says He Will Now 'Take On A New Challenge,' Joins Sequoia Capital's Venture Team
Tuesday, April 19, 2016 - 9:32am | 324Read More...Mike Vernal, an eight-year veteran of Facebook Inc (NASDAQ: FB) announced on Monday in a Facebook status update that he will leave the company and "take on a new challenge" at Sequoia Capital as a venture capitalist. Vernal was Facebook's vice president of search, local and developer products. In...
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Not Everyone Is Running From China
Thursday, July 30, 2015 - 2:47pm | 373Read More...China's stock market has suffered a series of wild swings over the past few weeks after investors trading on borrowed money began to pull out. Government intervention served to stabilize prices slightly, though many Western investors said Beijing's heavy hand was cause for concern regarding the...
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America's Top VCs Think These 54 Companies Are the Next Big Thing
Saturday, April 20, 2013 - 1:54pm | 159Read More...Looking for a hot new phone app? Seeking to invest in the next Facebook (NASDAQ: FB)? Or just curious about the trends in Silicon Valley? Whatever your heart may desire, Benzinga has you covered. Using VentureBeat's list of top 20 venture capital firms in 2012, we combed through the recent...
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Akamai and AT&T bid for Israeli Startup Cotendo
Monday, November 28, 2011 - 12:46pm | 193Read More...Akamai Technologies (NASDAQ: AKAM) is reportedly in talks to buy Israeli startup Cotendo for more than $300 million. AT&T (NYSE: T), along with Juniper Networks (NASDAQ: JNPR), is also said to be eyeing Contendo. Founded in 2008, Cotendo is a competitor of Akamai, as its products also improve...
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After Raising $10 Million From Investors, Is RingCentral Ready For Its IPO?
Thursday, September 8, 2011 - 2:01pm | 407Read More...Before answering, you might want to hear from someone that uses the service. Namely, Benzinga. We use RingCentral, and on the day we announced that Benzinga had received a $1.5 million investment from the founders of Groupon, the service went down. RingCentral attempted to make things right by...
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Can A123 Systems Return to Greatness, Making You Some $$ in the Process?
Friday, August 12, 2011 - 2:37pm | 910Read More...Before yesterday, A123 Systems (NASDAQ: AONE) appeared as though it was fated to end up in the vast tech stock junk pile. After all, since its IPO in September 2009, the stock had gone from a high of $28.20 (September 5th, 2009) to its recent all time low of $2.99 (August 8th, 2011). From its...
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Ashton Kutcher Invests in Airbnb
Friday, May 27, 2011 - 8:58am | 217Read More...According to an announcement posted to the Airbnb blog, Ashton Kutcher, star of television programs That ‘70s Show and Punk'd and films such as Dude Where's My Car?, has made a "significant investment" in Airbnb.com. He also will join the team of this San Francisco-based vacation rental startup as...
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A123 Systems: So Much Promise, So Many Questions (AONE, GE)
Thursday, April 7, 2011 - 4:59pm | 713Read More...Common sense and past performance tell us that when oil spikes, alternative energy solutions companies do well. The opposite is true in the case of A123 Systems (NASDAQ: AONE). On a day when NYMEX oil futures are hitting a 52-week high, shares of A123 Systems are hitting an all time low ($5.82)....
