Kickstart Seed Fund has closed on a $26 million second fund focused on early stage technology investments in Utah. That is more than twice the amount that Managing Director Gavin Christensen raised for his first fund in 2008. He has added Clarke Miyasaki as a GP and Alex Soffe as CFO to help manage the fund.
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As you are well aware by now, the stock market plunged today on fears that the U.S. economy is slipping back into a recession and concerns about a debt crisis in Europe.
It was the biggest selloff in two years, with the Dow and the S&P 500 both declining by more than 4% and the Nasdaq falling by 5 percent.
I was curious how this year’s crop of VC-backed companies fared in the correction, so I took a look at the performance of 2011′s 10 largest IPOs of U.S.-based VC-backed companies. Given that I was expecting to find a bloodbath, I
Goode Partners has acquired a minority equity stake in Skullcandy, a Park City, Utah-based maker of stereo headphones and earbuds targeting action sports and core audio consumers. No financial terms were disclosed.