Techmeme

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Dan Primack / Axios:
Timeline highlights Alibaba's role in Quixey's demise, based on conversations with sources   —  Earlier this month came reports that mobile search startup Quixey was in the process of shutting down, after blowing through over $130 million in VC funding from investors like Alibaba and Eric Schmidt's Innovation Endeavors.
Mar 29, 2017, 9:45 PMIn context
Dan Primack / Axios:
As MuleSoft closes up 45%+ on its first day of trading, valued at about $3B+, CEO Greg Schott talks about IPO timing, potential acquisitions, more   —  MuleSoft, a San Francisco-based SaaS integration company, last night priced the year's first big enterprise software IPO, raising $221 million.
Mar 17, 2017, 4:50 PMIn context
Dan Primack / Axios:
MuleSoft prices IPO at $17/share, above proposed $14-$16 range, raising $221M and giving it initial market cap of about $2.14B   —  SaaS integration company MuleSoft tonight raised $221 million in its IPO, pricing shares at $17 a piece.  That's a tick above the top of its proposed $14-$16 range …
Mar 16, 2017, 8:40 PMIn context
Dan Primack / Axios:
SEC rejects the request to list Winklevoss Bitcoin Trust ETF on BATS stock exchange   —  The U.S. Securities and Exchange Commission today decided not to mainstream bitcoin, by ruling that it will not permit the public listing of an ETF (exchange traded fund) that would have effectively allowed people …
Mar 10, 2017, 4:39 PMIn context
Dan Primack / Axios:
DraftKings announces new round; sources say DraftKings raised $100M, and FanDuel is raising too as companies await merger approval   —  Fantasy sports site DraftKings yesterday announced that it has closed an undisclosed amount of Series E-1 funding led by Eldridge Industries, a group led by LA Dodgers part-owner Todd Boehly.
Mar 10, 2017, 1:40 PMIn context
Dan Primack / Axios:
Sources: Instacart in advanced talks to raise $400M in new funding at $3B valuation with Sequoia Capital leading the deal   —  Instacart is in advanced talks to raise around $400 million in new venture capital funding at a $3 billion valuation, Axios has learned from multiple sources.
Mar 1, 2017, 8:45 PMIn context
Dan Primack / Axios:
Sources: Jay Z is launching a VC fund, which will partner with Sherpa Capital, though it will have a separate brand, and investments won't be led by Sherpa   —  Rapper and ubiquitous mogul Jay Z is launching a venture capital fund, according to multiple sources.
Feb 21, 2017, 12:05 PMIn context
Dan Primack / Axios:
SaaS integration startup MuleSoft files for $100M IPO; MuleSoft was valued at $1.5B in its latest VC round   —  MuleSoft, a SaaS integration company valued at $1.5 billion by venture capitalists, this morning filed for an initial public offering.  —  The deal: San Francisco-based MuleSoft plans …
Feb 17, 2017, 4:45 PMIn context
Dan Primack / Axios:
Jim Goetz to step down as a “steward” of Sequoia, to be succeeded by Roelof Botha; Botha and Alfred Lin will lead US venture team   —  Sequoia Capital on Tuesday told investors that partner Jim Goetz will be stepping back as the firm's “steward” and head of U.S. venture capital …
Jan 31, 2017, 6:45 PMIn context
Dan Primack / LinkedIn:
Sources: DraftKings and FanDuel have agreed to merge; DraftKings CEO Jason Robins to run new company as FanDuel CEO Nigel Eccles becomes chairman   —  Daily fantasy sports sites DraftKings and FanDuel have agreed to merge, according to three sources familiar with the situation.
Nov 16, 2016, 3:13 PMIn context

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