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Congrats to Backupify! A Great Exit Story for the First Company I Ever Backed

This is going to be BIG.

I''m super proud of Rob, Ben and the whole Backupify team--and this is particularly special for me because Backupify was the first investment I ever made as a VC, and the first board I ever sat on. I started reading a great blog called Business Pundit in 2004. Venture Capital & Technology'

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Why AI Won't Be the Investment Opportunity Everyone Thinks It Is

This is going to be BIG.

The venture asset class seems to have already decided that AI is the next great investment opportunity, but I’m not so sure it’s going to disrupt business and create the across-the-board wealth that has been predicted. I got to see all of the top VCs pitching their funds. Technology has already made the world pretty efficient.

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Vinod Khosla’s advice for top VCs? Don’t sit on your founders’ boards

TechCrunch

Serial entrepreneur and seasoned investor Vinod Khosla has some strong, contrarian advice for the venture capital industry: don’t sit on your founders’ boards. Khosla, who spoke onstage at the Upfront Summit in Los Angeles this week, spoke about the culture of capital. The outfit plans to raise $1.5

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Keep It Under Your Hat: Valuation Caps and the $650 Million Sale of MySpace for $125 Million

Gust

The early history of MySpace is inextricably intertwined with that of Intermix, a small-cap publicly traded Internet company in Los Angeles where I worked as corporate counsel from 2004-06. Intermix was in a turnaround situation when I arrived in mid-2004, having been delisted from Nasdaq and nearly bankrupt.

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The iconic VC-Backed founders are all White & Asian men. So why invest in diversity?

David Teten VC

What can we learn from the best 40 venture capital investments of all time? Of course, one could rebut that by saying traditional VC is all about investing in outliers: Seth Levine analyzed data from Correlation Ventures (21,000 financings from 2004-2013) and writes that “a full 65% of financings fail to return 1x capital.

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Q&A with Meg Salyer

Innovation 2 Enterprise

She served as the first woman president of the Rotary Club of Oklahoma City, (2003/2004), one of the largest Rotary Club in the world. While the State is not known as a hub for venture capital, we have frequently been recognized by national sources as a great place to start a new business. Get started!

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As the head of Helios’ new VC arm, Wale Ayeni sees value in frontier markets

TechCrunch

Wale Ayeni , one of Africa’s well-known investors, has a new role as the head of Helios Digital Ventures, the venture capital strategy of private equity firm Helios Investment Partners, TechCrunch has learned. Before the IFC, Wale led venture capital early-stage investments for Orange in the U.S.

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