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Week in Review: Felicis Ventures, Aruba IPO on Monday (Updated)

March 25, 2007 on 11:36 am | In Company Analysis, Investor Analysis, In the news, IPO, Week in Review, Web 2.0 |

Felicis Ventures: Small, but connected Angel Investment Firm (CapitalBLOG)

Felicis Ventures Relational Map.  Notes: (1) Investment ties to Web 2.0 companies Dogster, BuzzLogic, RapLeaf, & Feedster; (2) Co-Investor Ties to Web 2.0 Top Angels Gil Penchina, Ron Conway, & Jeff Clavier.  The above map references the last map on our CapitalBLOG post combining Top Web 2.0 Angels w/ VC Firms.

Aruba Networks to test appetite for risky bets (Reuters)

Relational Map of Aruba Networks.  Notes: (1) Public company ties to Sequoia and Matrix (Apple & SanDisk); (2) Public company tie to Daniel Warmenhoven (Network Appliance CEO).  Reference CapitalBLOG post (2/7/07) comparing Aruba to BigBand and GluMobile (recent IPOs).

Commentary: I remain bullish on Aruba upon their IPO (realize that I am no expert on stock speculation).  Given the initial high value of IPOs for BigBand and GluMobile (despite having posted similar losses), Aruba seems in better position based on their investment pedigree - irrational markets call for irrational methods.  Certainly, I do not suggest that Aruba will perform well over the long haul, but trends indicate that it should perform well at IPO.  We’ll see what happens on Monday.

Update: Aruba raised $88M on $8M shares for $11/share. compared with the estimated forecast range of $8-$10/share.