Facebook Buys eBay, Blockbuster IPOs Return and Other Predictions by VCs
Last week’s news that Twitter raised $200 million in funding led by Kleiner Perkins Caufield & Byers capped a year chock full of newsworthy headlines in venture capital.
Who would’ve predicted last December that Google would chase after venture-backed group-buying website Groupon with more than $5 billion in hand? Or that San Francisco hotspot Bin 38 would become embroiled in controversy for hosting “Angelgate” (which would inspire this T-shirt, and this Wikipedia entry)?
Turning our attention to 2011, we decided to ask the insiders – venture capitalists and start-up CEOs – to tell us what news they think will light up the tech blogosphere in the new year. As part of a wide-ranging survey sent to a few hundred VCs and CEOs by the National Venture Capital Association and Dow Jones & Co., which owns The Wall Street Journal, we asked them to “predict a major news headline related to the start-up community in 2011.”