McCombs School of Business Web 2.0 Panel Notes

November 1, 2005

I am in Austin for The McCombs School of Business Web 2.0 panel where I will be speaking tonight as well as the Blogging Enterprise conference tomorrow.  You can read about them both here and here.  Here are a few notes for the panel:

Recent Web Investments:

  • BitTorrent - $8.75MM Series A DCM (Dixon Doll) - content distribution.
  • X1 - $10MM U.S. Venture Partners - desktop search.
  • Digg -  $2.8MM Omidyar Network & Greylock Partners - link sharing.
  • Peerflix - $8MM Series B Round Battery Ventures - P2P DVD sharing community.
  • Flock - $1MM Bessemer Venture Partners (David Cowan)
  • delicious - $2MM Union Square Ventures (Fred Wilson)
  • Feedster - Omidyar & FirstRoundCapital (Josh Kopelman) 
  • SimpleFeed - $1.02MM Sequoia (Mark Kvamme) 
  • eHarmony - $110MM Sequoia & Technology Crossover Ventures
  • Pluck -  $10MM+ Austin Ventures & Mayfield
  • Federated Media -  Omidyar Network
  • Technorati - $6.5MM Draper Fischer Jurvetson & August Capital (David Hornik)
  • SixApart - August Capital (David Hornik) 
  • SocialText - $3.1MM Omidyar Network 
  • SugarCRM - $18.77 Series C 

Recent Web Sales:

  • Netnewswire - Sold to Newsgator (Mobius)
  • Feeddemon -  Sold to Newsgator
  • Skype - Sold to ebay $2.6-4B - Tim Draper
  • Weblogs Inc. - Sold to AOL $25MM Mark Cuban
  • Weblogs.com - Sold to Verisign $2MM
  • Moreover - Sold to Verisign $25-30MM
  • Upcoming - Sold to Yahoo
  • Flickr - Sold to Yahoo

Better question?  Do you even need money: It’s a great time to be an entrepreneur.   

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