This article, which previously ran in affiliate publication Venture Capital Journal, was written by Mark Siegel, managing director of Menlo Ventures.
At the start of this year, I was quite optimistic about the […]
Mark Siegel commented on the post, Menlo sees 8x return on sale of Dropcam to Nest, expects more interest in connected home, on the site PE HUB 1 year, 3 months agoIn reply to: View
Yes, the fact that Dropcam, like Nest, has a vision of the connected home
that includes many other devices and services all communicating with each
other made it compelling, but there is also a shared philosophy around
product design and consumer experience.
Mark Siegel wrote a new post, Menlo sees 8x return on sale of Dropcam to Nest, expects more interest in connected home, on the site PE HUB 1 year, 3 months ago
Nest Labs Inc. announced today that it will acquire Dropcam Inc., which makes the world’s easiest-to-use IP video camera as well as DVR service that stores all video securely in the cloud. Dropcam will become part of the Nest division at Google, which acquired Nest earlier this year.
Menlo Ventures, where I am a managing director, realized a…[Read more]
Mark Siegel wrote a new post, The Right Now Economy Will Produce Venture Returns of $500B, on the site PE HUB 1 year, 10 months ago