Last year, when Sequoia Capital pumped another $12 million into Jive Software’s war chest, one of the first questions out of everyone’s mouth was: What are they going to do with all of that money?
Were they going to hire? Build out? Acquire? Well, apparently they were planning to do a little bit of all of those things. Jive has a bunch of job openings, they’ve been growing—and outgrowing—an office in the valley, and now, they’ve started to pick up some other valuable pieces to their puzzle with today’s news that Jive had acquired social media monitoring company Filtrbox. Read More
[HTML2]One of the most surprising and successful startups of 2008 2009 (apparently I’m still struggling with that whole “new year” thing) had to be Bac’n. I can’t tell you how many times I heard founders Scott Kveton, Jason Glaspey, and Michael Richardson utter the phrase, “Yeah. We sell bacon. On the Internet.” And every time, they got a kind of weird scrunched-up face look from the audience.
But they did sell bacon on the Internet. And they did it really well. With an incredibly beautiful and technically functional site. They did it so well, in fact, that Bac’n became almost an immediate target for acquisition. And now, after weighing their offers, they’ve found a company appropriate to gobble up Bac’n, Bacon Freak. Read More