1/14/2014

TechFlash: NEA's Scott Sandell sees volatility, no bubble, in $1B startups

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January 14, 2014

NEA's Scott Sandell sees volatility, no bubble, in $1B startups

Scott Sandell, who has had more than a few billion-dollar exits in his portfolio at New Enterprise Associates, doesn't think we are in a startup valuation bubble.




Google's $3.2B Nest buy is blockbuster for Kleiner, Lightspeed and others

It's not clear exactly who made the most off of Google's $3.2 billion acquisition of Nest Labs but it's the kind of blockbuster they dream of on Sand Hill Road.




Storage startup Nutanix nears $1B value with $101M funding

Fast-growing virtualized storage company Nutanix on Tuesday said it has neared $1 billion in valuation with a new $101 million funding round.




Jack Dorsey's Square rumored to be valued at $5B

Payments company Square is reportedly doing a secondary offering of employee shares at a $5 billion valuation.




WordPress creator becomes CEO at Automattic

Matt Mullenweg, the creator of WordPress, is swapping roles with CEO Toni Schneider, at the ubiquitous blogging software platform's parent company Automattic




SuVolta raises $10.6M for low-power chips

Low-power chip developer SuVolta raised $10.6 million in new funding in a round that includes Fujitsu Semiconductor as an investor.




Snapchat issues timely mea culpa for snap spam

Snapchat apologized to its users for the second time in as many months following complaints over the weekend about an increase in spam on the disappearing photo social service.




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Cromwell Schubarth

Senior Technology Reporter

cschubarth@bizjournals.com

408.299.1823

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