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This is a 10x increase in valuation for Geni.
Today's deal also seems to show a nice boost in valuation for the company since its last funding round.
We've seen great leaps in valuation for [the taxi-hailing smartphone app] Taxibeat, which was a role model for founders here.
MemSQL co-founder Eric Frenkiel tells me that this was an oversubscribed round and noted that he believes this is unusual given the dips in valuation for some of the company's competitors.
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According to Mr. Graham, a pullback in valuations for initial funding rounds would not be devastating, since recent valuations were pretty high on a historical basis.
The use of such metrics has come with a meteoric rise in valuations for companies like Groupon, LinkedIn and Facebook that has invited skepticism from analysts and people in the industry.
And if this options expense fad becomes a trend which it will either by regulatory force or investor mandate it could bring about one last disruptive shift in valuations for a market still trying to find a bottom.
Ryan Sweeney cements his second appearance on the Midas List thanks to strong upticks in valuations for project management software maker Atlassian (said to nearing an IPO), online survey service Qualtrics and social media management software maker Hootsuite.
In addition to FOMO it is partly driven by massive increase in valuations for earlier-stage companies who raised money at bit seed prices but who still have product risk.
If such a pattern continues, we can expect to see potential declines in valuations for technology companies, which will no longer have deep-pocketed Chinese buyers as potential acquirers.
Many studies have found discrepancies in valuations for health states between the general population (healthy people) and people who actually experience illness (patients).
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CEO of Professional Science Editing for Scientists @ prosciediting.com