Recent internet launches, mergers, acquisitions, funding

Significant launches in recent Internet history

2001

  • 2001 – Wikipedia
  • 2001 – Meetup.com
  • 2001 – Dot Com Bubble Burst

2002

  • 2002 – Friendster

2003

  • 2003 – WordPress
  • 2003 – Facebook
  • 2003 – MySpace
  • 2003 – LinkedIn
  • 2003 – Howard Dean Meetup Group

2004
2005

  • 2005 – YouTube

2006

  • 2006 – Twitter
  • 2006 – Demand Media

2007

  • 2007 – Whrrl

2008

  • 2008 – My.BarackObama.com
  • 2008 – LiveStrong.com

Internet Dot com Founders

  • Amazon.com – Jeff Bezoz
  • AOL – Steve Case became CEO, 1991
  • Alexa – Brewster Kahle, Bruce Gilliat
  • Broadcast.com – Mark Cuban, Todd Wagner, 1998
  • Compete – Bill Gross
  • comScore – Gian Fulgoni, Magid Abraham
  • DPReview – Phil Askey, 1998
  • Demand Media – Richard Rosenblatt, Shawn Colo
  • Friendster – Jonathan Abrams, 2002
  • Facebook, Mark Zuckerberg, Dustin Moskovitz, Chris Hughes, 2003
  • Google – Larry Page (Standford), Sergey Brin (Standford), 1998
  • Hulu – Jason Kilar (Amazon)
  • Internet Archive (Way Back Machine) – Bewster Kahle
  • LiveStrong – Lance Armstrong, Demand Media
  • LinkedIn – Reid Hoffman (PayPal), Jeff Weiner (Yahoo), 2003
  • MySpace, Brad Greenspan, Chris DeWolfe, John Berman, Tom Anderson (eUniverse), 2003
  • Micro Solutions, Mark Cuban
  • Meetup.com – Scott Heiferman, Matt Meeker, Peter Kamali
  • Twitter, 2006
  • Wikipedia – (Larry Sanger, Jimmy Wales (Bomis), 2001
  • WordPress, Matt Mullenweg, Ryan Boren, Donncha O Caoimh, Mike Little, 2003
  • Whrrl – Jeff Holden (Amazon), Darren Vengroff (Amazon)
  • Yahoo!, Jerry Yang (Stanford), David Filo (Stanford), 1995
  • YouTube, 2003

Funding Milestones for Internet Start-ups

  • Amazon.com
    • 1997, IPO (AMZN)
  • Compete
    • 2008, $20M led by Founders Fund (Ken Howery), Polaris Venture Partners (Mike Hirshland)
  • Demand Media
    • 2006, $355M led by Oak Investment Partners, Spectrum Equity Investors, Goldman Sachs
  • Digg
    • 2005, $2,8M Greylock
    • 2006, $8.5M Greylock
    • 008, $28M Greylock
  • Friendster
    • 2003, $12M initial funding led by Kleiner Perkins Caufield & Byers, Benchmark Capital
    • 2006, $3M additional funding led by Kleiner Perkins Caufield & Byers and Benchmark Capital
    • 2006, $10M additional funding led by DAG Ventures
    • 2008, $20M additional funding led by IDG Ventures
  • Facebook
    • 2004, $500,000 by Peter Thiel (PayPal)
    • 2005, $12.7M venture capital funding by Accel Partners
    • 2005, $27.5M additional funding by Greylock Partners
    • 2007, $240M investment by Microsoft (1.6%)
    • 2007, $60M investment by Hong Kong billionaire, Li Ka-shing
  • Google
    • 1998, $100K by Andy Bechtolsheim, co-founder of Sun Microsystems
    • 1999, $25M by Kleiner Perkins Caufield & Byers, Sequoia Capital
    • 2004, $1.67B by IPO (GOOG) giving it a market capitalization of $23B
  • Huffington Post
    • 2008, $25M by Oak Investment Partners
  • LinkedIn
    • 2004, $10M Greylock
    • 2007, funded by Greylock, Sequoia Capital, Bessemer Venture Partners, European Founders Fund
    • 2008, $53M Greylock
    • 2008, $53M additional funding by Sequoia Capital, Greylock Partners
    • 2008, Post-money valuation of approximately $1B
  • Prosper
    • 2005, $7.5M Benchmark Capital
    • 2006, $12.5M Benchmark Capital
    • 2007, $20M Benchmark Capital
  • Whrrl
    • 2006, (prior to launch), Kleiner Perkins Caufield & Byers, Trilogy Equity Partners, Bezoz Expeditions, iFund
    • 2008, $15M second round of funding by Deutsch Telekom, Reliance, DAG Ventures

Dot Com Valuation

  • LinkedIn – 2008 sold 5% for $53M translating post-money valuation of $1B
  • Facebook – 2007 sold 1.6% for $240M to Microsoft giving it an implied value of $15B

Venture Capitalists & Angel Investors

  • Accel Partners (Facebook, Responsys, comScore, Prosper, Coremetrics, Kayak, Netvibes, Truste)
  • Bezoz Expeditions (Whrrl, 37Signals, Twitter, TeachStreet)
  • Benchmark Capital (Friendster, Twitter, oDesk, Yelp, Metacafe, Prosper, MySQL, Pentaho)
  • Bessemer Venture Partners (LinkedIn, Skype, BlueNile, Wix, Diapers.com)
  • DAG Ventures (Friendster, Whrrl, BitTorrent, oDesk, Wetpaint, Yelp, Metacafe)
  • European Founders Fund (LinkedIn)
  • Founders Fund (Compete, Facebook, Slide, Quantcast) Peter Thiel ($500k-$1M)
  • Greylock Partners (LinkedIn, Digg, Facebook, Wink)
  • Goldman Sachs (Demand Media)
  • IDG Ventures (Friendster, Social Media)
  • iFund (Whrrl) specializes in companies that extend iPhone, i.e., build iPhone applications
  • Kleiner Perkins Caufield & Byers (Google, Friendster, Whrrl)
  • Oak Investment Partners (Demand Media, aQuantive, FastClick, Huffington Post, LoopNet, Shop)
  • Polaris Venture Partners (Compete, Automattic, Weatherbug)
  • Sequoia Capital (Google, LinkedIn)
  • Spectrum Equity Partners (Demand Media)
  • Trilogy Equity Partners (Whrrl)
  • thefunded.com

Recent Internet Mergers & Acquisitions (M&A)

  • 1997, Yahoo acquires Net Controls, $1.4M
  • 1997, Microsoft acquires Hotmail, $500M
  • 1998, Microsoft acquires FireFly, $40M
  • 1998, Yahoo acquires Broadcast.com, $5.7B
  • 1998, Amazon acquires IMDb (Internet Movie Database)
  • 1998, Amazon acquires PlanetAll
  • 1998, Amazon acquires Junglee
  • 1999, Excite@Home acquires iMALL, $100M
  • 1999, Amazon acquires Alexa, $250M
  • 1999, Amazon acquired Accept
  • 1999, Amazon acquires Exchange
  • 2000, Microsoft acquires Visio, $1.375B
  • 2000, Microsoft acquires Travelscape, $89M
  • 2000, eBay acquires Half.com, $318M
  • 2002, Yahoo acquires HotJobs, $463M
  • 2002, eBay acquires PayPal, $1.5B
  • 2003, Yahoo acquires Overture, $1.63B
  • 2003, Google acquires Blogger, PyraLabs
  • 2003, Amazon acquires CDNow
  • 2003, Google acquires Applied Semantics, $100M
  • 2004, Google acquires Keyhole, earth viewer renamed Google Earth
  • 2004, eBay acquires 25% Craigslist, $13.5M
  • 2004, eBay acquires Rent.com, $415M
  • 2005, Amazon acquires CreateSpace
  • 2005, eBay acquires Shopping.com, $620M
  • 2005, eBay acquires Skype, $2.6B
  • 2005, Yahoo acquires Del.icio.us, $20M
  • 2005, Google acquires Urchin, web analytics renamed Google Analytics
  • 2005, News Corp acquires Intermix (MySpace.com)
  • 2006, eBay acquires 10% Meetup.com, $10M
  • 2006, Amazon acquires Shopbop
  • 2006, Demand Media acquires eNom
  • 2006, Demand Media acquires eHow
  • 2006, Google acquires YouTube, online video site, for $1.65B
  • 2006, Google acquires JotSpot, wiki technology for collaborative web sites
  • 2007, Microsoft acquires aQuantive, $6.333B
  • 2007, eBay acquires StumbleUpon, $75M
  • 2007, Google acquires DoubleClick, for $3.1B
  • 2007, Google acquires FeedBurner, $100M
  • 2007, Google acquires Postini, $625M, renamed Gmail
  • 2007, Amazon acquires DPReview
  • 2007, Yahoo acquires BlueLithium, $300M
  • 2007, Yahoo acquires Zimbra, $350M
  • 2007, Yahoo acquires Right Media, $680M
  • 2007, Demand Media acquires ExpertVillage
  • 2008, Demand Media acquires Pluck, $75M
  • 2008, eBay acquires Bill Me Later, $1.2B
  • 2008, Yahoo acquires Maven Networks, $160M
  • 2008, Amazon acquires AbeBooks
  • 2008, Amazon acquires Shelfari
  • 2008, TNS acquires Compete for $150M