The acquisition brought WhatsApp's original venture funder a sixty-to-one return on its investment.
According to the Companies House registry in the UK, the equal shareholders in this new company were Shiny Trends (incorporated by Shiny co-founders Chris Price, Ashley Norris and Katie Lee last year) and Cansas Digital Ventures (a new registered name for Shiny Media's venture funder Brightstation since August 2007).
These Centers, which would co-locate entrepreneurs, researchers and capital providers, would be useful vehicles through which a venture funder could identify technologies.
Its venture funders include Charles River Ventures, Worldview Technology Partners and Motorola's venture financing unit.
Andrew is the chairman of the NY Tech Meetup, a 23,000-member organization of technologists, venture funders, marketers, representing start up and more mature companies working in the technology industry in New York City.
"The fact that these companies can get out reloads the capacity of the venture funders" to turn to the public markets, said Samuel Isaly, managing partner of OrbiMed Advisors, which manages the Eaton Vance Worldwide Health Sciences Fund in addition to private equity and hedge funds.
The future will remain bright for early-stage companies and their venture funders.
His first swing at launching the channel in the late '80s struck out (rural TV was a tough sell with venture funders and cable operators).
Venture funders tend makes bets across a category with each one backing a different player, knowing not everyone can win.
We're also hunting down potential venues, and cool spaces where developers, entrepreneurs and venture funders can network and be brought together under the TechCrunch banner.
SOLS is also announcing it has closed on $1.75 million in seed funding, in a priced round led by Lux Capital, with participation from RRE, Rothenberg Ventures, Start Garden, Felicis Ventures, Grape Arbor, Silicon Badia, Terawatt Ventures, Funders Guild, Expansion VC, ALM and other angels.
