August 02, 2013
Blumberg Capital Hits Jackpot with 52x Return on HootSuite Seed Investment
Blumberg Capital has been the largest institutional shareholder in HootSuite until their August 1 Series B funding. Blumberg Capital and Hearst Ventures led the original seed round financing of HootSuite in December 2009 and a subsequent financing in 2011.
Yesterday, HootSuite announced a $165 million Series B financing, led by Insight Venture Partners with participation from Accel Partners and existing investor, OMERS Ventures.
HootSuite has pioneered the category of social media management with more than 7 million users worldwide who use its’ secure platform for social media management, marketing, customer service and selling.
Says David J. Blumberg on the deal, “this is a significant milestone and a triple win. First, our investors will receive over 52 times their investment. Second, this massive return validates our strategy of “Leading the Seed” financings in early-stage, highly promising, and innovative software companies. Third, we welcome our new co-investors as the Company grows to even greater levels of success in improving the efficiency and effectiveness of Social Media for enterprises and consumers.”
July 15, 2013
When the Clouds Ask You to Dance Under an Icelandic Sky
She picked me up from "the nautical hotel", the one that wooed me with the red balcony that faced the blue and abandoned ship in Reykjavik's Harbor. I could have written sad and happy things for days on end facing that crazy abandoned ship whose gaze continued to dazzle me outside my bedroom window.
Suddenly, she made a sharp right and headed east into the countryside, some 40 kilometers outside the city. There's a point when all pretenses fall loose and it was one of those moments. My first trip out of Reykjavik a few days into my trip, it was as I feared, rainy and drizzly as the weather report indicated. And yet, sometimes, blue sky and white clouds made their appearance because perhaps they wanted to dazzle an overworked brunette from a far away American land.
"Wow, this is pretty," I said and felt. It was such a meek and ridiculous attempt at what should have been, "this blows," or "this is outrageous"...Or perhaps nothing at all and just breathe into one aha and joyous moment after another had I been from somewhere in this world that didn't need a phrase to qualify such a beautiful existence.
It was as if I was witnessing a place where Ireland just married the Moon and then tossed with some magical dust from Scotland, Norway, Antarctica and New Zealand and I didn't know what to do with it.
The area is called Nesjavellir, a great launching pad for trips in the south of the country. I was on my way to new resort and was in a rare place of accepting the forthcoming indulgence.
Nesjavellir is set in the Icelandic countryside where there are very few frills - it's all about the air, the sights, the smells and the tastes from nearby lava fields, the thermal steam and vapor and an ever so stunning early summer Icelandic sky.
As a frequent solo traveler, I arrive somewhere I am reviewing, often a hotel, resort, activity, adventure, spa or tour and 95% of the time, people around me are couples, 4% are very young travelers and 1% are in that other category, the one I guess I would fall into -- the misfit category. And so from the category of the misfits, I hold a perspective which is unique and muddled and distinct and reflective and beautiful and blessed and pure and often....complex.
July 12, 2013
Reflecting Under Iceland's Midnight Sun
It's a late June evening as I take another spoonful of my Blueberry Skyr, a creamy substance that looks and feels like yoghurt, only Icelanders make it better. While looking out my hotel window that faces Reykjavik's harbor, I can't imagine another place I'd rather be or anything else I'd rather be doing.
I had just come from an environment where they talked about start-ups and new business ventures at an event hosted at HARPA and was suddenly thrown into one where they talked about fish, thermal baths and spiritual retreats in the countryside and hikes in the north that would soon would leave me both speechless and breathless. Taking in the weathered ship in all its ancient glory, I smile in quiet knowingness and nothingness all in the same breath.
My Skyr cup is now empty and using an underhand maneuver, I toss it in the bin. Score! Slowly I lick the rest of what’s left on my spoon and put it on my sailor themed table eager for any action at all since I hadn’t yet given “it” or my laptop any attention. Iceland’s Midnight Sun is happy about this decision and so am I.
July 03, 2013
Honoring the Legendary Inventor of the Mouse...Doug Engelbart
Today, the renowned inventor of the computer mouse, Doug Engelbart, passed away at the age of 88. While he is known to be a legend among many of the technology illuminaries, he is two generations behind me and the technology world I knew in New England so his name wasn't on my radar when I first landed in Silicon Valley. That said, despite the fact that I haven't yet lived in the Bay Area for a decade, I was coincodently introduced to him within months of moving here.
You see, coming from Boston's more conservative and traditional world of tech, I didn't really know where to begin when I first moved out here, who mattered or could get me a "job." Six or seven years ago, I really didn't know that many people and so I started to "network like hell," only to realize that getting a "job" would be the last thing on my mind.
In the early days, Sylvia Paull, Ben Gross and Michael Tchong led me around a bit, John Battelle invited me to a few things, a few people I had met from Intel, Adobe and Microsoft and Oracle put me on lists, but for the most part, it was watch, listen and well....just show up everywhere. My friend Sandy Rockowitz who I knew from back east told me about the events he went to and since Sandy was the geekiest friend I knew at the time (oh how that has changed), I figured I'd start to hang out where he hung out.
It took me longer than it should have to realize that not all geeks are alike and spending my time at engineering meet-ups in Berkeley, the SV Forum and SD Forum wasn't exactly where right brain technology people hung out. BUT, they were such fabulous places to learn.
June 28, 2013
Meet Startup Reykjavik, Iceland's #1 Accelerator Program
When I was in Iceland this month for Startup Iceland, an event started by serial entrepreneur Bala Kamallakharan, I had the opportunity to meet a host of locals working on start-up initiatives.
Leading up an effort within the Startup Iceland community is Kristján Freyr Kristjánsson, who is spearheading Iceland's #1 Accelelerator program: Startup Reykjavik.
Startup Reykjavik is similarly structured to TechStars but open for any type of businesses to apply. The program includes ten teams (16k at 6% across 10 weeks) and ends with an investor day on August 23, 2013. It kicked off while I was there and one of the team building exercises was to take 20 or so entrepreneurs into the interior of Iceland's natural wonderland for games and bonding. They headed to a place called Thorsmork, within the Þórsmörk Nature Reserve where they had pow-wows in volcano huts and hiked, a little different from our pizza and soda networking shindigs in Silicon Valley.
June 13, 2013
Start-Up Iceland Event Draws Iceland's President & Attracts American Thought Leaders
Hackathons are fairly common in Silicon Valley and while they're starting to pop up in pockets around the world, Iceland may not be a place that immediately comes to mind when you think of start-up geek fests.
Reykavik, Iceland's largest city and home to two thirds of its 320,000 people, recently held a Hackathon in conjunction with Start-Up Iceland, an event committed to helping local entrepreneurs build a thriving start-up ecosystem in the country.
Started by serial entrepreneur, angel investor and Greenqloud CEO Bala Kamallakharan in 2012, Start-Up Iceland has not only grown in size in just one year, but attracted top notch angel investors from the states, as well as European and American entrepreneurs and thought leaders.
TechCrunch's John Biggs presented, as did American venture capitalists Brad Burnham from Union Square Ventures and Foundry Group's Ryan McTyre and Jason Mendelson. To top that list, Iceland’s US Ambassador Luis E. Arreaga and the country's President Olafur Ragnar Grimsson thought the event was important enough to show up to address the more than 300 attendees at the beautifully designed conference center HARPA in the city center.
In true start-up conference style, the event kicked off with an UnConference led by Joshua Kaufmann and a Hackathon, held at the University of Reykjavik, where geeks gathered together to cook up some innovative ideas.
May 31, 2013
All Things D 2013 Wrap: Rockets, Authentification Pills & Speech to The Future of TV
All Things D just held their 11th annual conference in Rancho Palos Verdes California this past week. Imagine a few hundred billionaire and millionaire game changers in a room at an oceanside resort, discussing the latest digital technology trends that impact a host of industries: from government, retail and consumer electronics to mobile advertising, digital TV and everything in between. It makes you wonder: Are we moving to a world that looks something like this?
Some of the trends and reccuring themes are not new this year, but they are more pressing as storage gets cheaper, bandwidth gets faster and it is becoming more common to program your home and tap into a mobile device for nearly everything we do.
How people think about things that were once a Star Trek-like discussion are now becoming reality: energy sources, Google Glass that brings virtual and augmented reality to life in more ways than one, electric versus gas powered cars, a trip to Mars if you have a bank account big enough to afford a ticket, wearable devices and how we will view what we now call TV in the next decade. And, that's just the beginning.
Posted by Renee Blodgett on May 31, 2013 | Filed in America The Free, Conference Highlights, Events, On Innovation, On Science, On Technology, TravelingGeeks, WBTW | Permalink | Comments (0) | TrackBack (0)
May 26, 2013
Embracing & Owning Your Imperfections Opens More Doors, Not Less...
People who know me well know that I'm a sucker for a new read. As long as there's not six other books in queue or the recommended book is so uncompelling I can't get through it, it's mine for the taking. When I was beating up on myself recently, a friend recommended I look into the work of Brene Brown.
I started with her TED talk and then moved to her book: The Gifts of Imperfection -- oh such a compelling title in a country that deems itself more perfect than any other. Some may call it a personal self help book, and while aspects of that may be true, the category has gotten such a bad rap lately that I'd prefer to call content what it is designed to do: help you get from A to B through whatever wisdom the author shares through their vantage point and skillset. If that's self help, fine.
Is it self help when you need to learn a specific management skill and an expert who has the wisdom shares it through a book to get you unstuck? We look down upon wisdom that might help elevate ourselves and our sense of humanity but praise things that help our skills and ability to accomplish and succeed. You get my point.
Posted by Renee Blodgett on May 26, 2013 | Filed in America The Free, Books, On People & Life, On Poems, Literature & Stuff, On Spirituality, On Women, PR & Marketing, Reflections, Social Media, WBTW | Permalink | Comments (0) | TrackBack (0)
May 18, 2013
Flight Behavior: Kingsolver's Riveting Tale Makes Extinction of Species REAL
Climate Change. Global Warming. Whatever title you give "it," we don't talk about "it" at dinner parties, not in the same way we discuss things which happen at our child's school, the latest movie or episode of Mad Men or where we're going on vacation this year.
Barbara Kingsolver's latest book: Flight Behavior, attempts to convey the dangers of climate change through an All American story of a farming family whose lives are turned upside down because of it. As butterflies settle on their land because of weather shifts in Mexico the previous year, a mystery unravels as to why.
A witty, melancholy and pure account of rural life in the American Appalachia belt, it is also a serious play-by-play of what could happen to a species when their normal "flight behavior" gets changed as a result of being forced to winter (and mate) somewhere new.
While the narrative is driven by the not yet true extinction of the Monarch butterfly, she taps into expert sources for guidance in constructing a fictional story within a plausible biological framework.
Flight Behavior is a suitable title since the phrase applies to butterflies as much as it does to humans, as evident through the unraveling of a dysfunctional marriage of main character Dellarobia Turnbow.
May 17, 2013
5 Important Issues From 5 TEDxBerkeley Speakers: Help Us Pave the Way
As a co-curator of a TEDx event, you have a joyful honor of bringing important issues you want to see brought to the table...to the table, or in this case, a TEDx stage. Having been involved in the curation process at TEDxBerkeley for a few years now, there are speakers and writers I've met along the way who have haunted me -- positively and negatively -- the latter often provacative enough that regardless of whether it's a pretty story, you know the story must be told.
Personal issues that keep me awake at night include the ugly embrace of processed food, climate change & the implications for wildlife and the world, the growing divide between the rich and the poor, our sad state of healthcare and education, and women's inequalities. There are countless others, but there's only so much that can absorb my already noisy back channel at any given time.
At TEDxBerkeley this year, we were able to bring some of those conversations to attendees.
I have always wanted Robert Neuwirth to speak at TEDxBerkeley ever since I first heard him speak at PopTech a few years ago. He is best known for his work with squatter communities and poverty. He wrote Shadow Cities: A Billion Squatters, A New Urban World, a book describing his experiences living in squatter communities in Nairobi, Rio de Janeiro, Istanbul and Mumbai.
He brings us on a journey to West Africa and how locals came up with a creative way to source their own energy when the government couldn't.
Lagos residents use energy conservation. In his time in Lagos, he saw people get their water in large canisters not from fresh water sources or private wells. The Lagos government claims that it provides safe drinking water in sufficient quantities to its people, according to a newspaper he read on his way out of the country and yet, its far from reality. There is no real functioning water system in Lagos and other things are not efficient either. Apparently they waste N1.5 billion by leaving their computers on standby.
Posted by Renee Blodgett on May 17, 2013 | Filed in America The Free, Client Announcements, Conference Highlights, Events, On Education, On Health, On Innovation, On Politics, On Science, On Technology, On the Future, On Women, TravelingGeeks | Permalink | Comments (0) | TrackBack (0)