July 24, 2014By Glenn Solomon
We held a great CEO dinner this evening on High Velocity Sales & Marketing in SF. In addition to the 25+ CEOs in attendance from top notch companies, we had three terrific panelists – Heather Zynczak, CMO at Domo, Rita Selvaggi, CMO at AlienVault, and Matt Price, VP & GM EMEA at Zendesk. The conversation was lively and the insights...
July 1, 2014By Glenn Solomon
Zendesk priced its IPO at $9/share on May 14th and achieved a first day close at $13.43, up 49% from IPO price. Although the Zendesk IPO is only one small step in an exciting journey, the deal represents a great milestone for the company. Firstly, Zendesk raised $100M in new capital, which will help the company finance its rapid growth. Secondly,...
May 21, 2014By Glenn Solomon
One of the best parts of my job is getting to meet and learn from visionary and inspiring folks. Today I had the chance to meet in a small group with Hiroshi “Mickey” Mikitani, the Chairman and CEO of Rakuten, thanks to the folks at Morgan Stanley. Rakuten is a Japanese internet powerhouse, dominating the e-commerce, personal finance and...
May 14, 2014By GGV Capital
Fifth fund will continue the firm’s 14 year history of backing top entrepreneurs across the U.S. and China
Menlo Park, CA and Shanghai, China – May 14, 2014 – GGV Capital, a leading venture capital firm focused on the U.S. and China, today announced that it has raised $620 million for its fifth venture capital fund. GGV Capital V is...
May 3, 2014By Glenn Solomon
As featured in TechCrunch
Over the past several years, founders have been operating in a steadily improving macroeconomic environment. Stock market performance has mirrored the economic recovery, with the tech-heavy NASDAQ having posted meaningful gains in four of the past five years, with only 2011 posting a modest 1.8% loss....
March 29, 2014By Glenn Solomon
As featured in TechCrunch.
The IPO window is currently wide open. Riding the wave of strong IPO performance over the past few years (the classes of ‘12 and ‘13 IPOs have on average returned 234% and 78%, respectively, according to Deutsche Bank data), a growing number of high growth, venture backed companies are filing for...