Redpoint Ventures’ Dharmaraj: There Will Be Many Different Craigslists
“It’s about establishing trust and community. I think there will be many different Craigslists, each for your own local community. That’s where something big can be built in the local space — a Craigslist that’s organized by neighborhoods, rather than by cities,” said Redpoint Ventures partner Satish Dharmaraj about local “unicorns” waiting to emerge.
Geo-Unicorns: Will Local Spawn More Billion-Dollar Startups?
At the Street Fight Summit in New York a couple of months ago, I moderated a panel that looked at the “Billion-Dollar Opportunities in Hyperlocal.” Our thesis in putting the panel together was that the personalization made possible by location-based technologies was still in its early stages of evolution, and that the “geo-web” will be spawning many of the billion-dollar exits that later-stage VCs crave…
Square Deal: Payments Startup Passes First Test as Publicly Traded Company
Square made its debut on the public markets yesterday. After its much-commented-on offering price of $9 per share, which some took as a shot across the bow for unicorn startups, the Jack Dorsey-helmed payments firm surged more than 45 percent in its first day of trading. The pressure may be off Square momentarily, but it won’t stay that way for long.