venture funding

Is Twitter Worth $3.7 Billion? Not in the Real World

That's the value a $200 million venture investment led by Kleiner Perkins this week implies. But that means Twitter would have a price-to-sales ratio of 840 compared to Facebook's 26 -- or Google's 8.7. And Twitter's growth may be stalling.

Angels, Not VCs, Are Giving Tech Startups Wings

Web startups are now so cheap to build out and can fail so quickly that very early stage funding, when angel investors tend to participate, has risen in prominence. Venture capital, which usually enters at a later stage, is playing a shrinking role.