GGV Blogs

  • July 9, 2015
    By Glenn Solomon

    China’s stock markets have been in free-fall for the past several weeks, reversing tremendous gains over the prior twelve months.  The Chinese version of the SEC (CSRC) has intervened, attempting to staunch the fall, but so far, efforts have proven ineffectual.  The management teams of many local Chinese companies have unilaterally halted trading in their own stocks, adding to the panic that currently prevails.  Additionally, the...

  • June 21, 2015
    By Glenn Solomon

    This is written as a follow up to my previous post on Fitbit’s IPO filing.
    Fitbit priced its IPO at $20/share this past Thursday night and closed the week at $32.50/share, valuing the company at over $6Bn.  A few interesting things to point out about the IPO:

    • Valuation.  While the absolute valuation of $6Bn, making...
  • May 10, 2015
    By Glenn Solomon

    I’ve reviewed Fitbit’s S-1 filing from last week.  It’s quite clear that Fitbit has been a remarkable success story over its 8+ year lifespan.  As momentum has been building around connected devices and the company sits on the precipice of an IPO, founders of any type of company can learn a lot from Fitbit.  Here are a few of the core themes I’ve gleaned from their S-1:

    • Marketshare Leadership – According...
  • April 26, 2015
    By Glenn Solomon

    As published on VentureBeat.
    The RSA show this past week in SF was quite a gathering.  Having attended RSA every year for the past ten, I’d say this was the biggest and busiest show yet.  This is not surprising given all the activity lately in the cyber-security and cyber-crime areas. Based on the many meetings I had during...

  • April 21, 2015
    By Glenn Solomon

    In a previous post, I discussed a series of trends driving investment interest in cybersecurity.  A few of these trends – crowdsourcing and consumerization – coupled with ever-increasing risk and complexity in the cyber world have coalesced to form one of the fastest growing areas in security – threat intelligence.
    Threat intelligence is a...

  • April 19, 2015
    By Glenn Solomon

    Lots has been written about the abundant capital available to high growth, venture-backed companies and the ramifications on round sizes and valuations.  Bill Gurley has adeptly pointed out the rise of a risk bubble, Tomasz Tunguz has...