Index Ventures closes eighth venture fund at $550 mln

By Iris Dorbian — 5 days ago

Index Ventures has raised $550 million for its eighth venture fund. The firm, which recently hired former Twitter CEO Dick Costolo as a venture partner, has promoted Shardul Shah to partner. Index focuses on backing “disruptive” startups in the U.S., Europe and Israel.

Continue

How Will You Remember Steve Jobs?

By Lawrence Aragon — 4 years ago

Steve Jobs was one of very few people who could be called a legend in his own time. The college dropout co-founded Apple in 1976 and grew it into the most valuable company in the world, inspiring countless entrepreneurs along the way.

There are sure to be a litany of obituaries and stories about Jobs in the coming days, but we want to know what Jobs meant to you. Please share your thoughts and memories below.

Continue

Twitter Now Has 100 Million Active Users; Costolo in No Hurry for IPO

By Reuters News — 4 years ago

(Reuters) – Only about half of Twitter’s 200 million-plus registered members log on daily but the microblogging website is chalking up growth of 40% every quarter in mobile device usage, Chief Executive Dick Costolo said on Thursday. Twitter, one of a coterie of Internet social networking services like Facebook and Google Inc.’s embryonic “Google+”, is […]

Continue

Twitter CEO Dick Costolo Calls Secondary Exchanges a ‘Distraction,’ Predicts More Companies Will Restrict Private Trades

By Reuters News — 5 years ago

(Reuters) – Twitter Chief Executive Dick Costolo called secondary markets a distraction and expects private companies will increasingly enact policies to restrict the trading of its shares on those unregulated exchanges.

Microblogging service Twitter, along with fellow red-hot social media companies Zynga and Facebook, have already had to put in place “lots of policies to constrain that,” Costolo told the audience at a Fortune conference in Aspen, Colo.

In December, an investment led by venture capital firm Kleiner Perkins valued the company at $4 billion. Since then, an $80 million investment by Andreessen Horowitz in February on the private markets valued Twitter at $4 billion, and recent transactions have accorded the company a price tag of as much as

Continue

Talks with Google “Just a Rumor,” Twitter CEO Says

By Reuters News — 5 years ago

(Reuters) – Reports that Google has held takeover talks with Twitter that value the microblogging site at as much as $10 billion are “just a rumor,” Chief Executive Dick Costolo said on Monday. Asked at the Mobile World Congress fair in Barcelona whether Google could afford a $10 billion acquisition, Costolo replied: “I don’t know […]

Continue

Twitter Moves Slowly on Advertising; Plans Speed Up in Q4

By Connie Loizos — 6 years ago

SAN FRANCISCO (Reuters) – Twitter, the rapidly expanding microblogging service, plans to have hundreds of advertisers using its new ad system in the fourth quarter as the company ramps up plans to become a self-sustaining, profitable business. Chief Operating Officer Dick Costolo said the company’s newly-launched advertising system would provide a key pillar in Twitter’s […]

Continue