Building upon the previous post, I now examine recent SV-company investor activity. The feature is accessible to registered users from our new home page at http://linksviewer.com/home. There are some differences between investor and company activity maps which I will highlight in this post.
Example 1: I am interested in recent investor activity in 1st round SV-companies the Internet sector (let’s say I was an investor who wants to keep abreast of other investor activity). Who were the most active investors over the past 3 months in funding Internet sector start-ups?
From the LinkSViewer home page, I started at the Search Most Active Investor Networks and from each pull-down menus I selected All Investors, 1st Round, 7 days, 3 Months, and Internet Sector, and clicked on Show Results. The results returned 8 matching investors (Shasta Ventures, Jeff Clavier, Ron Conway, Emergence Capital, Greylock, Khosla, NEA, and Redpoint), listing the number of investments in this time period, name of investor, and total number of investments. At this point I can select any combination of the results in displaying the map. For this example, I selected all of the investors (Clicking on the first entry and then holding the shift key on the last entry) and clicked Show Relational map.
Relational Map of Most Active Investors in 1st Round SV Internet companies over the past 3 months. Notes: (1) Conway and Clavier both invested in Kaboodle; (2) Redpoint and Greylock both invested in Oodle; (3) Emergence and Shasta both invested in Lithium Tech.; and (4) NEA and Shasta are linked by Nikhyl Singhal (SayNow Founder & Teracent Board advisor). (Source: LinkSV.com)
We recently integrated a new feature that allows registered users to quickly identify Silicon Valley capital activity (we actually unveiled this at the Launch Silicon Valley event on June 5). The feature is accessible from our newly designed home page at http://linksviewer.com/home, which also provides access to a wide array of (free) sample maps. To illustrate the utility of activity searches (updated daily), a couple of scenarios can help identify how this new feature can be used:
- What companies recently received funding? (Focus of this post)
- What investors have been recently active? (Next post)
Example 1: I am interested in recent SV-funded companies (let’s say I was on vacation). Who was funded in the past week?
From the LinkSViewer home page, I started at the Search Recent Funding Networks and from each pull-down menus I selected All Rounds, 7 days, and All Sectors, and clicked on Show Results. Very handy/time-saving. The results returned 8 companies (DVC Labs, Eye-Fi, iKoa, Luminescent, M-Factor, Roxro Pharma, Silver Spring Networks, & Telltale Games), listing the company name, number of investors, and funding date. At this point I can select any combination of the results in displaying the map. For this example, I selected DVC Labs and Eye-Fi (clicking on the DVC Labs and holding onto the Ctrl key while clicking on Eye-Fi) and clicked Show Relational map.
Relational Map of DVC Labs and Eye-Fi. Notes: (1) the board interlock between Larry Orr (Trinity Ventures) and Carl Showalter (Opus Capital): Orr sits on the board of DVC Labs, Showalter sits on the board of Eye-Fi, and they both sit on the board of Identity Engines; (2) DVC Labs has two VC investors, Matrix & Trinity - they were also one of five investors in Aruba Networks, a recently successful IPO.
Apple+Google: Now That’s Hot (GigaOm)
Om Malik references a Wired.com post (Fred Vogelstein) on next week’s expected alliance between Google & Apple (cloud computing partnership). This post reminds us of the extent of the board ties between Apple and Google:
Apple + Google People Relational Map. Notes: (1) Direct Board Ties of Eric Schmidt (Google CEO), Arthur Levinson (Genentech CEO), & Al Gore (Advisor on Google); (2) Indirect Board Ties between John Doerr (KPCB, Apple Board) & Bill Campbell (Intuit Past CEO, Google Board); and (3) Sequoia Capital invested in both companies (albeit Apple went public in 1980). (Source: LinkSV.com).
Thus it should not be a surprise that Apple and Google are teaming up on anything. While they may have a mutual enemy in Microsoft (although Jobs recent appearance with Gates tempers this a bit), they actually have similar board leadership. Behind the scenes, there may be more collaboration than we know. For example, take the Google Maps integration on the upcoming iPhone. For previous CapitalBLOG commentary on the Google/Apple connection check out Apple and Google - Network Clusters and Interlocks (9/16/06).
Infinera shares soar in debut (CNN Money)
Infinera had a 14M share offering with a price range of $10-12, it priced at $13 and opened yesterday at $16.04. It closed at $19.71 after reaching a high of $21.24 in mid-day trading (low = $16.00). As a result, Infinera (INFN) was up 52% if you got in at the IPO and up 23% if you got in at the opening bell. This is particularly noteworthy because the NASDAQ was down 1.77% yesterday. From the CNN article, independent IPO analyst Tom Taulli states, “In hindsight [Infinera] looks like it was underpriced.” This hails the sentiment I offered in my March 2 blog post, Infinera IPO Filing: The Juniper Net Works? Here I was bullish on Infinera because of its relational capital via co-investor ties to 24 public companies and multiple board ties to Juniper Networks. I repeat two of these maps below:
Infinera Investment Relational Map. Notes: (1) Juniper Networks as both an investor (orange oval) and related company (green box) via Kleiner Perkins & JAFCO; (2) Kleiner multiple public co-investment ties to Venrock (Photon Dynamics, Pharmacyclics, Geron, Echelon, & NeoMagic) & Sprout (Synaptics, Verifone, & eHealth); and (3) 17 investors on the map reflecting 7 rounds of capital ($315M total raised). (Source: LinkSV.com)
Scribd tries to live up to YouTube comparison (VC Ratings)
Scribd + Geoffrey Yang Relational Map: Notes (1) Redpoint/Yang connection to BigBand Networks (recent IPO); (2) Yang’s board presence on Tivo and Ask.com (purchased by IAC in 2005 for $1.9B). In general, Yang’s presence on the Scribd board provides an additional source of relational capital for the company.