Accel Partners teardown. Global VC funding in 2015. Corporate and institutional VCs.
CB Insights celebration
LinkedIn and chill

Hi there,

Lots of startups, private companies and tech giants had ads during the Super Bowl last night including companies backed by Y Combinator, Accel, Index Ventures, Softbank, Comcast Ventures, Forerunner Ventures, IVP, Strand Equity and Baseline among others.

During the game, we created a list of startup Super Bowl ads.

SoFi started the ads off, and CEO Mike Cagney was loving it.

The ads also included one private company doing $450 million in revenue.

Conference hack

If you're going to Mobile World Congress and have the list of exhibitors (just name and url is all you need), we've built a simple conference exhibitor tool to get data on exhibitors in a few seconds.

If you prefer to aimlessly wander around the exhibit hall, that's cool also.

We used the tool for the list of exhibitors at the Consumer Electronics Show (CES) in case you missed that.

Accel Partners teardown

Accel Partners, the earliest VC backer of Facebook, has long been one of the most active venture capital firms in Silicon Valley and has been the investor in prominent exits in industries ranging from big data to cybersecurity to home automation.

In this teardown, we look at their strategy, recent performance, and where the venture firm is seeing opportunity.


Why the F would anyone listen to this guy?

Gotta love the Pundit Industrial Complex.

Equity research analyst totally whiffs on LinkedIn price expectation. Revises it after Friday's drop and somehow folks still care about his opinion?

VC funding stays afloat

Over the last five years, funding to VC-backed companies globally went from $49B to over $128B, a 162% increase. In 2015, capital invested hit a 5-year high despite a 3% dip in deal count.


Pricing wisdom

Why we don't compete on price.

Venture capital vs corporate venture capital

In this guest post, Rita Waite (@ritacwaite) of Juniper Networks
(@junipernetworks) talks about the venture capital ecosystem, and the difference between corporate VCs and institutional VCs.

I love you.


P.S. Seriously amazing lineup for The Future of Fin Tech keeps getting better:

  • Dan Schreiber - CEO & co-founder of Lemonade, a P2P insurance startup which recently raised a $13M seed round from Sequoia Capital
  • Omidyar Technology Ventures' partner Chris Bishko
  • Sapphire Ventures' managing director Dave Hartwig
We also just created Early Bird II pricing. Don't miss out before it goes up again.

Accel Partners teardown

Drilling into Accel Partners' financing trends, exit and people data provides us a unique data-driven view into where the firm sees opportunity. Check out the teardown.
Tweet this

Global VC funding plunged in Q4'15, but still at a 5-year high in 2015

In deal terms, activity was the lowest since Q1'13, dropping 13% in Q4'15 compared to the previous quarter. See the data.
Tweet this

Understanding corporate venture capital versus institutional VCs

In this guest post, Rita Waite (@ritacwaite), senior analyst in growth strategy and investments at Juniper Networks (@junipernetworks), distinguishes between corporate VCs and institutional VCs. Read the guest post.
Tweet this

Notable Deals From This Past Week

We tracked 297 financings and exits totaling $3.6B in the last week. Here are 10 notable deals. To see them all, login to CB Insights or create an account here.

1. Magic Leap raises $793.5M Series C mega-round
The stealthy augmented reality company has yet to reveal a commercial product but raised a $793.5M Series C led by Alibaba at a $4.5B valuation. As part of the round, Alibaba’s Joe Tsai will join Magic Leap’s board. With the new funding Magic Leap has raised nearly $1.4B in venture investment. 

2. BeiGene raises $158.4M at IPO
China-based oncology R&D company's pipeline is comprised of novel oral small molecules and monoclonal antibodies for cancer.

3. Jianke raises $100M Series A
The China-based online pharmacy platform raised from Crescent Point Group.

4. SnagAJob raises $100M Series E
The online platform for finding hourly work raised from Invus Group, NewSpring Capital and Rho Ventures.

5. Skybox Security raises $96M round
Providence Equity Partners provided the financing to the San Jose, California-based cybersecurity tool provider. 

6. Editas Medicine raises $94.4M IPO
Editas, the first of the CRISPR (gene editing) biotech companies to go public, raised $94M at IPO. The Cambridge, Massachusetts-based company priced at a nearly $600M valuation despite being a year away from testing its treatment in a human clinical trial.

7. MISSION Therapeutics raises $86.24M Series C
The financing was jointly led by Imperial Innovations Businesses and Woodford Investment Management, along with previous investors. The UK-based drug discovery company is focused on cancer, neurodegenerative and other diseases.

8. BloomReach raises $56M Series D
The personalized marketing solutions company raised from Bain Capital Ventures, Lightspeed Venture Partners, and Salesforce Ventures, among others. 

9. OutSystems raises $55M Series C
The Atlanta, Georgia-based web application management tool raised from ES Ventures, North Bridge Growth Equity, and Portugal Ventures. The company previously raised a Series B back in 2007.

10. Blockstream raises $55M Series A
Continuing its work in expanding Bitcoin code for commercial use, the Canada-based company raised from Khosla Ventures, Blockchain Capital, and Mosaic Ventures, among others.  


The Blurb

A curated mix of articles on private companies, venture capital, emerging industries, and innovation.

The importance of crazy. Alim Dhanji of Kik talks about why you should take a career risk that matters.

How to get seed funding. Alex Iskold (@alexiskold), managing director for Techstars New York, discusses what should go in a seed round deck.

A minimum viable product is not a product, it's a process . Yevgeniy Brikman (@brikis98), founder of Atomic Squirrel, writes that startups fail because they make assumptions and don't spend enough time testing their products.
The Macro

Commandments for scaling startups. In this piece, Molly Graham (@molly_g) of Quip covers what rapid scaling feels like, how to survive the toughest phases of growth, and how to anticipate challenges before they hurt momentum and your chances for long-term success.
First Round Review

The complexity of simple. Biz Stone (@biz), co-founder of Twitter, Medium, and Jelly Industries writes about the difficulties that come along with keeping products simple, which involves giving up control and listening to some but not all customer suggestions..

Yes is not enough. Erik Starck (@erikstarck) explains that when it comes to selling your product, sometimes the "yes" actually means "no."

Why tech product makers must write. Matt Hackett (@mhkt), co-founder of Beme, believes it is important to build with a critical eye, and that writing can help in that effort.

Why selfish emails never work. Riley Huffman of SalesFolk defines what a selfish email looks like and says it lacks a value proposition.
If you loved this newsletter, send it to a friend.
If you hated it, send it to an enemy.
All the data in this newsletter comes from CB Insights. Join NEA, Cisco & hundreds of other clients and get access to the industry's best private company data.

Sign up for access.
Copyright © 2016 CB Information Services, All rights reserved.