It’s a meritocracy. I have no doubt that there are pockets of issues. I can only speak about Sequoia, we have quite a few women partners.
– Sequoia Capital partner Greg McAdoo, answering a panel questions at TechCrunch Disrupt about whether there’s sexism in the venture capital industry
News Byte
Liz Gannes in News on May 21 at 8:54 am PT
Sequoia Capital partner Michael Moritz said today that he has a “rare medical condition which can be managed but is incurable,” and which is likely to compromise his quality of life in the coming years, so he is changing his role at the venture capital firm. A representative for Sequoia noted that Moritz will continue to make new investments and take board seats, but he will be dropping some of his daily management responsibilities and taking more vacation.
Tricia Duryee in Commerce on May 17 at 9:26 am PT
Pocket Gems says it is not for sale, even though other mobile gaming companies like OMGPOP and Funzio are cashing out at big valuations.
News Byte
Peter Kafka in Media on May 10 at 9:30 am PT
Drawbridge, an ad tech start-up founded by AdMob engineer Kamakshi Sivaramakrishnan, has raised $6.5 million from Sequoia Capital and Kleiner Perkins Caufield & Byer. Drawbridge says it can help marketers target potential customers by tracking them as they move around from device to device — like from a laptop to an iPhone. Sivaramakrishnan put in six months at Google after it acquired AdMob, before starting her own company.
Liz Gannes in News on May 2 at 10:55 am PT
Web site creation and hosting service Weebly is a bit of a quiet online giant — a quiet giant that sees an IPO on the horizon.
Arik Hesseldahl in Enterprise on May 1 at 11:59 pm PT
The business-intelligence outfit takes a fourth round of funding, bigger than its first three combined.
Arik Hesseldahl in News on April 26 at 5:04 am PT
A security start-up aims to change the economics of launching hacking attacks.
Tricia Duryee in Commerce on April 18 at 4:00 am PT
Square is seeking to raise a fresh round of capital at a valuation of up to $4 billion, according to multiple sources familiar with the situation.
Liz Gannes in Social on April 6 at 7:00 am PT
The popular photo-sharing app seems to have figured out at least one way to mint money.
Liz Gannes in News on April 5 at 10:39 am PT
The JOBS Act makes it easier for some companies to stay private, reduces regulatory burdens associated with U.S. IPOs, and may move away from secondary markets for private companies.
