Archive for the 'Allen & Company' Category

YHOO blew the deal, sure, and you have to wonder what that says for its bankers?
Allen & Co. is trying to raise money for Linkedin at a whopping $1B valuation.  It’s worth noting that Allen & Co. is encroaching more and more on West Coast startups, it raised $50M for Ning and Slide at monster […]

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Posted By: Ashkan Karbasfrooshan | May 5th

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Uber angel investor JF (you call him Jeff) Clavier raised some eyebrows last year when he was quoted as telling startups that their income is “noise”, even if said income is approximating $300,000 in monthly revenues. A $300K monthly revenue implies an annual run-rate of $3.6M.
Maybe he’s right: Ning just raised $60M on a […]

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Posted By: Ashkan Karbasfrooshan | Apr 19th

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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.
More importantly, I think, is that this is 33% of what Paypal sold […]

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Posted By: Ashkan Karbasfrooshan | Jan 18th

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A number of seemingly random and independent tidbits of news today, that I think are all rather related.
Storyline #1: Zagat On the Auction Block

Zagat has hired Goldman Sachs in an effort to sell the popular restaurant guide. The company has become synonymous with dining out with travelers, but the Zagat family has had relatively […]

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Posted By: Ashkan Karbasfrooshan | Jan 14th

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Digg’s founders and investors are looking for an exit, or, put more aptly, they’re looking for liquidity.
The company continues to grow, revenue is adding up, as are partnerships. In fact, the company’s founders are even focusing on other products and projects, namely Pownce and Revision 3 (disclaimer: like Revision3, WatchMojo.com produces video content, though […]

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Posted By: Ashkan Karbasfrooshan | Dec 17th

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Allen & Company invested in a mobile product-search company called GPShopper LLC.
Any other investor could have made the investment and it might not have been news, but when it’s an investment made by Allen & Company, people notice.  I did.
That’s normal, because Allen & Company is the gold standard for private boutique M&A investment banks.
In […]

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Posted By: Ashkan Karbasfrooshan | Nov 8th

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