Not sure what Dewey (Minggl) is doing at Robert Scobel’s house, but whatever! The video is up right now, and it’s already had about 100 views in the first five minutes. Pretty cool. Nice job Dewey!
Last week for the first time ever, the number of unique visitors using the Firefox browser was larger than the number of visitors using Internet Explorer. Browsing the web is no longer a strategic effort for Microsoft anyway, as the company’s stated #1 goal is to own paid search.
Austin Ventures has set aside $50M for former Razorfish CEO Jeff Dachis to build an enterprise class social software as a service (SaaS) consulting and products business unit. This follows the same playbook as the earmarked funds for Elisabeth DeMarse who rolled up CreditCards.com, and Brian Sharples who rolled up the vacation home rental business with HomeAway.com. The price tag of $50M is kind of a red herring. The number really doesn’t matter, but you [...]
We don’t have a lot of details yet, but San Antonio-based Rackspace stands to raise around $400M with their Initial Public Offering (IPO). They’re taking the same route as Google, in terms of using an auction-style offering to help maximize the funds raised. The financials are pretty interesting. The company has grown revenues very rapidly in the past few years, but it has also grown overhead pretty quickly. While revenues from 2005 through 2007 have [...]
Digby, Austin, Texas, a provider of a mobile commerce platform, which raised funding last year, was named one of the top ten company by attendees and expert panelists at Dow Jones’ Wireless Innovations conference this week. The conference, held in Redwood City, Calif., featured two days of panel presentations and keynotes by venture capital professionals and company executives, and breakout sessions in which 80 start-up companies selected by VentureWire editors presented their business plans. The [...]
The DEMO conference has been the launchpad for emerging technology companies for about 20 years. Skype, Slingbox, and TiVO all launched at DEMO. Chris Shipley and the folks from DEMO are coming to Austin, and they’d like to see what you’ve got. They’ll be here on May 13th, so if you think you might have something ready to launch at their Fall conference in September, apply here. If it sounds interesting, you just might land [...]
On the same day that Dell closed its acquisition of MessageOne, rumors are swirling about another potential acquisition by the computing giant. The target: Radio Shack. Barry Shlacter at the Fort Worth Star-Telegram covered this story, linking the increase in option activity on shares of Radio Shack to the speculation that Dell would acquire the retailer to expand its footprint in the retail marketplace beyond the kiosks at malls. The idea of a Dell takeover [...]
