Today's Billion-Dollar Start-Ups Should Be Thanking the Fed
The list of start-ups valued at over $1 billion just keeps getting longer, and not just due to the potential of their cool tech. They're also getting a big boost from the Fed.
The list of start-ups valued at over $1 billion just keeps getting longer, and not just due to the potential of their cool tech. They're also getting a big boost from the Fed.
On-demand-software giant Salesforce.com just acquired a cloud software startup called Heroku for $212 million in cash. That's par for the course these days as cloud computing goes from buzzword to reality. And venture capitalists are flocking to put money into the next Heroku.
Mobile networking service Foursquare announced Tuesday that it has raised $20 million in venture capital, bringing its valuation to a cool $95 million. Will the new round of funding put to rest recent acquisition rumors?
For sure, the social network infrastructure provider's move to end a free offering was something of a surprise. Ning co-founder Marc Andreessen has been one of the loudest, most public advocates of free, ad-supported content on the Internet.






