Soundcloud lost $29 million in 2013 on revenues of $14 million (40% growth from 2012). They were valued at $700 million in their last financing raised in January 2014.
Hmmmm....
Bubble sabbatical
VC funding was down this quarter. I'm looking forward to this one quarter where people won't ask me if we're in a bubble. Our Q3 2014 data is below.
Billion dollar lifestyle business
Mojang was the largest acquisition of a bootstrapped tech company (a smooth $2.5 billion). Mojang founder Notch's post-acquisition exit letter is worth a read because it's so tremendously honest.
We analyzed 2,627 startups with a mobile app to identify highly-ranked VC-backed apps in the App Store that have raised a small amount of money. See the data.
Good Technology is said to be postponing its IPO because of market conditions (Box used a similar excuse). Is Alibaba to blame? See the data on U.S. VC-backed IPOs through Q3'14.
CB Insider Posts
The following research is only available to paid subscribers with CB Insider access:
Here's a cross-section of this week's list of mobile apps with momentum. Check out the CB Insights Mobile Alerts Newsletter for criteria and the rest of the apps.
Significant Rank Improvement
Timehop (Social Networking)
Healthmate by WiThings (Health & Fitness)
Polyvore (Lifestyle)
Acorns (Finance)
Star Chart (Education)
Insights on venture capital
Interesting articles by venture capitalists or about investing and M&A.
Breaking down the iPhone 6. USV's Fred Wilson writes that iOS and Android are becoming more similar.
Win the war for global talent. CreativeLive's Megan Zengerle lays out what founders need to know, expect and do to get international hires through the door.
