Ebay acquires StumbleUpon for $75M (Venture Beat)
While there was some speculation as to the reasons why eBay made this deal, the capital network shows some indirect ties between StumbleUpon and eBay. This is noted in the below relational map of eBay (as investor and company) and StumbleUpon:
Relational Map for eBay/StumbleUpon. Notes: There are two capital paths between eBay and StumbleUpon: (1) eBay as an investor (orange oval): eBay as investor in Feedster –> Josh Kopelman (Board Advisor to Feedster) –> StumbleUpon (Kopelman as Board Member); (2) eBay as a company (green box): Benchmark Capital (eBay investor) ties to Ram Shriram (via Friendster), Mitch Kapor (via Linden Lab), & Ron Conway (via OpenTable & oDesk) as angel investors in StumbleUpon; and Bob Kagle (Benchmark) board interlock tie to Ram Shriram (via Friendster) as angel investor in StumbleUpon. (Source: LinkSV.com)
The top five VCs under 40 — what do you think? (Venture Beat)
Venture Beat posted a poll on the top 5 Silicon Valley VCs under 40, in reference to a San Jose Mercury article. I figured it would be interesting to answer this question using their SV capital relations with one another. For this post, I mapped together their relational networks with each other - this illustrates the common SV company ties of Roelof Botha, Kevin Efrusy, Peter Fenton, Danny Rimer, and Peter Thiel (LinkSViewer registered users can see each individual VC’s capital networks by clicking on each user in the map and then displaying their relational map from the information window). First, I mapped their current and former company direct ties (as board/management team members & investors) by filtering out all other people and investors:
Top 5 VCs Under 40 Relational Map (Investors & People Excluded). Notes: (1) Peter Thiel is the only VC that is also listed as an individual investor (yellow oval); (2) Direct Ties: (a) Peter Thiel & Roelof Botha (PayPal former management team; Xoom current/former board interlock); (b) Peter Fenton & Kevin Efrusy (Hyperic & Terracotta board interlocks); (3) Of the 28 SV companies affiliated with the VCs, 10 were acquired and 18 are currently private; (4) 4 of Danny Rimer’s SV boards were acquired (MyCFO.com, Ofoto, Neoteris, & TellMe Networks). (Source: LinkSV.com)
MySpace to buy Photobucket? (Venture Beat)
The apparent acquisition of Photobucket by MySpace for $250M has some precedence from a venture capital perspective. By examining the capital map combining MySpace with Photobucket I found a former tie between the two. Realize that each only has one main investor: Trinity Ventures (Photobucket) and HP (MySpace). By filtering in inactive company ties, one connection emerged between HP and Trinity: Speedera Networks. Speedera Networks (total capital raised in 4 rounds = $53.3M) was acquired by Akamai Technologies for $130M in 2005 - Trinity and HP were among 10 of the investors in Speedera. Thus, HP and Trinity have had a previous acquisition experience together, albeit they were on the same side of the table on the deal. This relationship is shown in the below map (pendants dropped), followed by a map including pendants = current and former board and management team members for Photobucket and MySpace (Source: LinkSV.com).
NeurogesX Relational Map (Active companies only). Notes: (1) Alta-Walden co-investments: Plexxikon, Terawave Comm., Metabolix, & Corcept Thera.; (2) Alta-Global Life Science Ventures co-investment: Coapt Systems; (3) Alta-Arch Ventures co-investments: R2 Tech.; (4) Alta-Walden public company tie: Corcept; and (5) Alix Marduel (Alta Ventures) board interlock: Metabolix & Corcept ties. Below is the Relational Map for Active & Inactive companies.
Cavium Networks is the latest among recent successful IPOs. An earlier post examines the Relational network of Cavium Networks, highlighting its predominant Active Acquired company connections. One of its connected companies also recently went public, Mellanox Technologies. In light of their recent IPOs, I decided to examine the capital links between Cavium and Mellanox Technologies. First I illustrate using their combined Relational Map. Because of their multiple connections, I filtered out pendants and increased the MinLink to 3 (including only those companies with 3 ties in the network) in their below Investment Map.
Cavium & Mellanox Investment Relational Map (MinLink=3, Pendants dropped). Note the tie to Ikanos Communications, which went public in late 2005. Here we see a multitude of investors and related companies because both Cavium (10) and Mellanox (14) each had a large number of investors. To simplify the map, let’s remove the investors from the map using the Investor Filter.