VCs must be hearing a lot of pitches from companies that want to be the next Warby Parker, the chic discount online eyeglass vendor, whether it be high-tech wine gadgets, fitted shirts, or dress shoes for men. If the market is getting saturated with these new brands, you wouldn’t know it. In fact, this morning, another new shoe […]
Shasta Ventures
For Nest Investor Shasta Ventures, Persistence Pays
Google’s plans to acquire the smart home appliance maker Nest Labs for $3.2 billion in cash should translate into a tidy return for the half dozen firms that invested $80 million in the three-year-old company. Kleiner Perkins may have the most reason to kick up its heels, having led Nest’s Series A round in early […]
To Save Other Startups, Exitround Has to First Prove Itself
Many thousands of companies have been funded in recent years, and most of them will fail. Exitround, a San Francisco-based startup, hopes it can find buyers to snap them up. Exitround was founded about a year ago by Jacob Mullins, who was working at the time as a senior associate at Shasta Ventures. (He left […]