New Enterprise Associates related stories
All articles and analysis
- VC-Backed IPO Pipeline: Lots of Inflow and Outflow
The VC-backed IPO pipeline got a bit more clogged since the last time we checked in, with six new issuers filing to raise around $616 million. Four companies priced offerings during the same period, meaning that the pipeline now holds 40 companies seeking to raise around $3.4 billion. The new filers are: Demand Media, JHorizon Pharma, Complete Genomics, SiGe Semiconductor, MakeMyTrip and Epocrates. I also considered including Skype, but that's more of a buyout-backed offering (despite the involvement of Andreessen Horowitz). Those that priced over were: Green Dot, Envestnet, Trius Therapeutics and RealD. The full pipeline is after the jump...
- Disney buys VC-backed Playdom
The $563M deal is the richest ever in the young but fast-growing market for social games
- 5 questions with David Cowan
David Cowan, a partner at Bessemer Venture Partners, talks about the sale of portfolio company Playdom
- IPO Profiles, June 2010
Detailed profiles of the six VC-backed companies that went public in June 2010: BroadSoft,Fabrinet, HiSoft Technology International, Motricity, Tesla Motors and Vringo
1-Year-Old Andreessen Horowitz Hungry for Second FundThe newbie VC has already committed two-thirds of its $300M first fund in 24 companies, including high-profile names such as Skype, Zynga, Fusion-io and Foursquare
- 5 Questions for David Cowan on the Playdom Sale
Walt Disney Co. today announced /78342/disney-buying-playdom-for-up-to-763-million/ that it will buy social gaming company Playdom for up to $763 million. It's the largest exit of a VC-backed gaming company since Playfish was acquired last fall by EA, and is significantly larger. So we've got five questions for David Cowan of Bessemer Venture Partners, which became a Playdom investor just last month: 1. Playdom reports fewer monthly numbers than did Playfish at the time of its acquisition, but is being acquired at a price that's around 90% higher. Why? Cowan: I think there are three answers here. First, you always have to look at the specific acquiror and the strategic fit and value of the company being acquired. I don't know the specifics of the valuation that went into Playfish, but do know that Disney expects a lot of synergies as it brings the Playdom team into other Disney properties. Second, number of users is only one metric. I think that Playdom's revenues were significantly more at the time of acquisition. Third, Wild Ones is totally, totally awesome.
- peHUB Wire: Wednesday, July 28, 2010
Random Ramblings
- peHUB Wire: Wednesday, July 28, 2010
Random Ramblings
- Disney Buying Playdom for Up To $763 Million
Walt Disney Co. has agreed to acquire Playdom, a Mountain View, Calif.-based social gaming company. The deal could be worth upwards of $763.2 million, including a $563.2 million up-front payment and a $200 million earn-out. Playdom has raised $80 million in VC funding, including $33 million earlier this year. Backers include Steamboat Ventures (a Disney VC arm), Bessemer Venture Partners, New World Ventures, New Enterprise Associates ,Lightspeed Venture Partners and Norwest Venture Partners.
- 10 Most Active VC Firms of 2010 (so far...)
We're well into the second half of 2010, so I figured it was time to see which VC firms had been the most active so far this year. No big surprises, except perhaps that Intel Capital nearly fell out of the Top 10. Or maybe that Redpoint Ventures, which ranked fourth when we did a similar post back in March, has dropped to #28. What follows is from our VentureXpert database, based on global investment pace (MoneyTree numbers, on the other hand, are only for investments in U.S. companies). It only includes "institutional" VCs, as opposed to super-angels (some of whom would make the list). Per usual, just a reminder that money in doesn't always correlate to money out...