Joshua Jaffe of thedeal.com found/applied a LinkSViewer map to illustrate Tellme Network relations (cool, this how I envision our tool being used). He posed an interesting supposition on his VCRatings blog:
What also comes through by analyzing TellMe’s network is that another capital-thirsty Kleiner Perkins and Benchmark portfolio company, Good Technology, also found a buyer a few months ago. A pattern, perhaps? I’m not sure, but other co-investments by the pair include Infinera, which has filed for an IPO, and Friendster, which is huge in the Philippines.
I got to thinking, what other Silicon Valley deals were Kleiner Perkins and Benchmark involved in? For this I examined their combined Company Map (Company filter = Active + Inactive companies; Investor Filter = 3 Types unchecked; orange and red links hidden):
Benchmark/Kleiner Company Map - This cluster indicates their active and inactive company co-investments. Note how 11/15 (including Tellme Networks) were acquired, 3 are public, and only 1 (Friendster) is private. What is most interesting is that 14/15 of their co-investments have resulted in exits (some more successful than others).
This map helps validates Joshua’s initial supposition, that Kleiner Perkins and Benchmark have been co-investors on their share of acquisitions. And given the recent leverage of Friendster (round funding on 8/06, patent grants, and users in the Philippines), this is likely to be a perfect 15/15 in the Valley. If I were a company looking for funding, this connection would in all probability guarantee some form of exit (and to be fair 20% went IPO). There must be something about the Kleiner/Benchmark connection…
Registered LinkSViewer users are encouraged to explore interesting maps for key connections. Let us know if you find a cool map using the ”email this map” feature to firstname.lastname@example.org and drop us a comment briefly describing your map/issue. We can help you post it to your blog, you can guest post it to our blog, or we will post it and give you props (if you like). Happy mapping!