NewME Accelerator Start-ups Raised $3.4 Million in Funding and Created 60 Jobs Since 1st Class
NewME Accelerator, a residential technology program that launches minority and women-led start-ups, announced recent updates and data tracking the startups in its program since it’s launch last June. NewME has shown to be successful in helping its start-ups create a robust network of investors and experts and improve product development. New data shows 59 percent [...]
Read MoreAndreessen Horowitz Invests $15M In Text Annotation Start-up Rap Genius
Here’s an investment out of left field, but not really. Andreessen Horowitz is dropping $15 million into startup Rap Genius. It’s not just about rap, though. Think of it as “crowdsourced explanations of lyrics and historical texts.” Here’s what the firm had to say by way of Rap Genius’ blog: I’m delighted to announce that Andreessen Horowitz [...]
Read MoreWhy Eyeballs No Longer Matter For Start-ups
Need funding for your startup? Don’t load up your PowerPoint with nifty charts showing all the users your online service has grabbed. Venture capitalists are no longer impressed. These days, investors want to hear about the revenue you’re generating, not the traffic. “There have been a lot of companies that had a lot of users [...]
Read MoreAngelList Launches Docs To Help Startups Sign And Close Seed Rounds Online With Low Legal Fees
There’s no doubt that AngelList has evolved into an incredibly powerful (and disruptive) platform in the investing world. The hybrid social network, communication and crowdsourcing platform allows startups to access investors, and has also become a resource for investors looking to boost dealflow and connect with other investors. But while the network has been able to connect investors with [...]
Read MoreNewME Accelerator Spring 2012 Start-up Kairos Raises $500,000 in Seed Funding
NewME Spring 2012 graduates are staying on their grind. Co-founders Amanda McClure and Brian Brackeen recently raised $500,000 in seed funding for their start-up Kairos utilizing knowledge and resources gained in the accelerator program. “Some of the investors were people we met directly from NewME sponsored events,” Brackeen says. “Others were persuaded to invest by our decks and [...]
Read MoreVC Transparency Is The New Black
When Instagram was bought by Facebook earlier this spring for $1 billion, one question lingering on everyone’s minds was how much VC firm Andreessen Horowitz made on the deal. The firm had made an early investment in the photo sharing startup but then bet against it after Instagram’s pivot by later by supporting a rival. A few days after [...]
Read More