Meet The Fundinistas

18 Comments

[qi:078] DowJones Venture One is all set to release their half-year report on total amount of money raised by Web 2.0 companies, which would make for rather amusing reading. Just to get a little jump start on this week of start-ups, we decided to have some fun & come up with a short list of start-ups we call fundinistas the ones who raise venture capital relentlessly.

fundinista | fund.in.ista |
noun informal
– a start-up with a venture capital habit.
ORIGIN: from funding + Spanish suffix –ista, as in fashionista, turista.

Here is our initial short list — * Telisma, Bellevue, 8 rounds since 2000; $93 million
* Informative, South San Francisco; 7 rounds since 1999; $63 million
* Zillow, Seattle; 3 rounds since 2005; $57 million
* KnowHow, Sunnyvale; 5 rounds since 2001; $46 million
* Brightcove, Cambridge; 3 rounds since 2005; $80 million +
* VideoEgg, San Francisco, 3.5 rounds since 2005; $27 million +

You got a candidate for this list? Let us know!

18 Comments

Startup_Newbie

Yes, can someone please comment? Is this a bad thing if companies get too much money/too many rounds? How much is too much? $30MM? $50MM? Thinking about joining a start-up that has over $30MM in funding – can’t figure out if this is good or bad . . . All thoughts appreciated!

francinehardaway

So these are companies who don’t have a business model? So then will they get shut down by those same VCs after a while?

Ron

Do you mean KnowNow? I think that they had constant problems with people mistaking their name for “KnowHow”…

luis

Hey Om, FYI “ista” derives from Sandinista. This term comes from what the Sandinistas termed the anti-imperialist struggle of Augusto César Sandino during the thirties…..

Om Malik

Video Egg got an investment from WPP but it is not clear if it was a round or just an extension of a previous round. hence 3.5. will update after I get a clear picture

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