Slide.com raised $50M in a $500M round. Wow. That’s a lot of money. How much?
The $500M represent s85% of MySpace’s price tag or 33% of YouTube’s price tag. It’s also the same valuation Facebook got when Greylock invested in Facebook in April 2006. continue reading...
Peter Thiel’s initial claim to fame was as the CEO of Paypal.
Today he runs Clarium Capital Management and the Founders’ Fund. The former is a hedge fund with $2B under management, the latter is a $50M venture capital fund that has raised the ire of uber angel investor Ron Conway, mainly for allowing entrepreneurs to partially cash out when they sell equity to VCs in funding rounds. continue reading...
