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Yahoo acquires Tumblr
Brad Burnham – May 20, 2013
Yahoo announced today that they will acquire our portfolio company Tumblr. In September of 2007 we, together with Spark Capital, invested in a 3 person start-up founded by David Karp, a 21 year old coder who had not finished high [...] Read more
The Patent Quality Improvement Act
Nick Grossman – May 9, 2013
This week, Senator Schumer introduced legislation that would take a whack at patent trolls: the Patent Quality Improvement Act aims to make it easier and cheaper for companies facing spurious infringement suits to defend themselves. This is not a complete [...] Read more
Coinbase
Fred Wilson – May 8, 2013
We have been thinking about and looking to make an investment in the Bitcoin ecosystem for several years. Today, we are happy to be able to talk about our first investment in the sector. We have made an investment in [...] Read more
CircleUp
Andy Weissman – May 6, 2013
As venture capitalists, we understand how valuable an injection of capital into an early-stage, fast-growing business can be. But our industry has a particular set of economics, one that has skewed the availability of equity investment towards startups in the [...] Read more
Science Exchange
Andy Weissman – Apr 29, 2013
Right now, there are thousands of scientists whose research is being held up because they lack access to the experimental expertise needed to test a hypothesis or verify a result. But while we have seen how online marketplaces can dramatically [...] Read more
Shapeways Restocks
Albert Wenger – Apr 23, 2013
In the Fall of 2010 we helped spin Shapeways out of Philips. At the time, the founders made a gutsy choice: relocating the company headquarters to New York City. They arrived here in a cold December with their families and [...] Read more