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Tech stocks - Thursday, July 10, 2008

Tech:stocker - Symantec: Securing Our Computers and Our Portfolio

Thumb Looking for a "stable staple" in the tech sector we at tech:stocker decided to discuss Symantec (SYMC:NASDAQ). While best known for their Norton AntiVirus Software, has steadily become a leader in infrastructure software. In the interest of full disclosure, we at tech:stocker can't remember the last time we bought an anti-virus software other than Norton's AntiVirus. Still, that's no reason to purchase a company. The fact that Symantec has moved well beyond simply selling security software is a... Full Story

Media - Thursday, July 10, 2008

Buzzfeed Taps Butt Cleavage Fashion For $3.5M Round

Thumb NYC's BuzzFeed has raised $3.5M in its first round from Hearst Interactive Media and Softbank. BuzzFeed was founded in October 2006 and now has 1M unique monthly visitors. It was founded as a side project by Jonas Peretti who also co-founded Huffing... Full Story

Media - Thursday, July 10, 2008

PerfectMarket - We're Not Buying

Thumb Pasadena-based Perfect Market has raised $15.6M from Trinity Ventures and Rustic Canyon Partners. The company had been incubated by Idealab. Details are murky but we are pretty sure we get the direction they are headed in. Old media companies - news... Full Story

More Recent Articles

Tech:stocker - VMware, Buy The Company, Not The CEO

Thursday July 10, 2008

Seeing VMware's former CEO Diane Greene brings us to simple principle we always follow when investing: buy a company you believe in, not just the CEO and their vision. Unfortunately, there are times when the company and the CEO seem inextricably lin... Full Story

Sons Of North Dakota - Ntractive - Raise First Round For Hosted Small Business Suite

Wednesday July 9, 2008

Ntractive, creator of Elements SBM, a hybrid web application for small business management, has closed its Series A financing. The company raised $570K through regional angel investors and RAIN Source Capital. That's not a lot of capital but enough ... Full Story

Richie Rich SocNet Spire.com Raises $9M; Buys London's Suzannesfiles.com

Wednesday July 9, 2008

Spire.com has closed a $9M in Series A from Hearst Corporation, Trident Capital, TL Ventures and angels. NYC-based Spire also bought London-based Suzanne’s Files — which says it has registered 55K affluent members with an average annual income o... Full Story

VC-backed? No Federal Funds For You

Wednesday July 9, 2008

The Journal covers the fight is brewing between VCs and some small businesses over the issue of VC-controlled companies' eligibility for federal aid. Companies majority owned by venture capitalists were barred from the program since 2003. The Small B... Full Story

GT Solar Prices IPO To Raise $610M

Wednesday July 9, 2008

At a time when venture investors are suffering through a dearth of liquidity, it is mouth-watering to see one startup get close to an IPO. T he solar manufacturing equipment maker GT Solar plans to offer 30.3M shares at $15.50 - $17.50 per share. Me... Full Story

Tech:stocker - The Keynote Here Is Not To Invest In This Stock

Wednesday July 9, 2008

With the price of oil taking a nice dip today and Washington Mutual (WM:NYSE) enjoying a healthy 16% gain along with many of its financial brethren, many of you might be tempted to take the money and run tomorrow. Don't do it. We at tech:stocker str... Full Story

DriverSide Funded For Auto Site At Outset of Car Buying Slump

Tuesday July 8, 2008

SF-based DriverSide has launched and says it received its first round of funding from Catamount Ventures. The startup makes the statement that "DriverSide is the first Web site specifically designed for automobile owners." Why do marketers make stat... Full Story