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Social Capital (venture Capital)
Social Capital, formerly known as Social+Capital Partnership, is a venture capital firm based in Palo Alto, California. The firm specializes in technology startups, providing seed funding, venture capital, and private equity. The firm has "stood out strategically", according to ''Fortune'', "with a focus on ... healthcare, financial services and education ... when those fields were ... neglected by the VC community." History Social Capital was founded in 2011 by Chamath Palihapitiya, who had previously worked at Facebook. Mamoon Hamid and Ted Maidenberg also joined the firm that year as General Partners. In January 2015, ''Fortune'' reported that Kleiner Perkins was in acquisition talks with Social Capital, but the acquisition reportedly fell through. In May 2015, Social Capital raised $600 million in their third and largest venture capital fund. PayPal cofounder Peter Thiel praised Palihapitiya's approach, and as of 2015 served as a limited partner. In 2017, Marc Mezvinsky jo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marc Mezvinsky
Marc Mezvinsky (born December 10, 1977) is an American investor and managing director at TPG Inc., TPG. He has served previously as vice chairman at Social Capital (venture capital), Social Capital. He is the husband of Chelsea Clinton, daughter of former President Bill Clinton and former Secretary of State Hillary Clinton. Early life and education Mezvinsky was born in Philadelphia, Pennsylvania, and grew up attending a Conservative Judaism, Conservative Jewish synagogue and Friends' Central School, a List of Friends schools, Quaker school outside of Philadelphia. His parents are both former Democratic Party (United States), Democratic members of the United States House of Representatives, U.S. House of Representatives. His father is Edward Mezvinsky (b. 1937) and his mother is Marjorie Margolies (b. 1942). Mezvinsky has 10 brothers and sisters, including five adopted siblings. His mother wrote a book, ''They Came to Stay,'' about her experiences adopting children from Korea an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Climate Crisis
''Climate crisis'' is a term describing global warming and climate change, and their impacts. The term and the alternative term ''climate emergency'' have been used to describe the threat of global warming to humanity (and their planet), and to urge aggressive climate change mitigation. In the scientific journal ''BioScience'', a January 2020 article, endorsed by over 11,000 scientists worldwide, stated that "the climate crisis has arrived" and that an "immense increase of scale in endeavors to conserve our biosphere is needed to avoid untold suffering due to the climate crisis." The term is applied by those who "believe it evokes the gravity of the threats the planet faces from continued greenhouse gas emissions and can help spur the kind of political willpower that has long been missing from climate advocacy". They believe that, much as "global warming" drew out more emotional engagement and support for action than "climate change", calling climate change a crisis could have a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Slack Technologies
Slack Technologies, LLC is an American software company founded in 2009 in Vancouver, British Columbia, known for its proprietary communication platform Slack. Outside its headquarters in San Francisco, California, Slack operates offices in Dublin, Vancouver, New York City, Toronto, Denver, London, Tokyo, Pune, Paris, and Melbourne. In June 2019, Slack Technologies went public on the New York Stock Exchange via a direct stock listing. On December 1, 2020, Salesforce announced its acquisition of Slack for $27.7 billion. On July 21, 2021, the acquisition was closed. History Initial funding and ''Glitch'' The company goes back to the San Francisco based startup Tiny Speck, which was headed by Stewart Butterfield, the co-founder of the photo sharing site Flickr. Tiny Speck received angel funding of $1.5 million in 2009, followed by Series A funding of $5 million in 2010 from Accel and Andreessen Horowitz. A Series B round of $10.7 million was raised in 2011. Tiny Speck's fi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wave Accounting
Wave is a company that provides financial services and software for small businesses. Wave is headquartered in the East Bayfront neighborhood in Toronto, Canada. The company's first product was a free online accounting software designed for businesses with 19 employees, followed by invoicing, personal finance and receipt-scanning software (OCR). In 2012, Wave began branching into financial services, initially with Payments by Wave (credit card processing) and Payroll by Wave, followed in February 2017 by Lending by Wave, which has since been discontinued. Features and integrations The company's initial product, Accounting by Wave, is a double entry accounting tool. Services include direct bank data imports, invoicing and expense tracking, customizable chart of accounts, and journal transactions. Accounting by Wave integrates with expense tracking software Shoeboxed, and e-commerce website Etsy. The next product launched was Payroll by Wave, which was launched in 2012 after the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chegg
Chegg, Inc., is an American education technology company based in Santa Clara, California. It provides homework help, digital and physical textbook rentals, textbooks, online tutoring, and other student services. The company was launched in 2005, and began trading publicly on the New York Stock Exchange in November 2013. As of March 2020, the company reported having 2.9 million subscribers to Chegg Services. The services provided by Chegg have been controversial because there have been reports of student cheating using Chegg services. History In October 2000, Iowa State University students Josh Carlson, Mike Seager, and Mark Fiddleke launched Chegg's forerunner, Cheggpost, a Craigslist-style message board for Iowa State students. ''Chegg'' is a combination of the words ''chicken'' and ''egg'', and references the founders’ catch-22 feeling of being unable to obtain a job without experience, while being unable to acquire experience without a job. Carlson then teamed with Iowa St ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
InstaEDU
Chegg Tutors (formerly known as InstaEDU) was an online tutoring company that matched students seeking help with online tutors. Students could receive help either on-demand or by scheduling a lesson. History Chegg Tutors was founded in 2011 as InstaEDU and launched into public beta in May 2012. At that time, the company also announced that it had raised $1.1M in venture capital funding from The Social+Capital Partnership. Two of the company's co-founders had previously run an in-home tutoring company called Cardinal Scholars. After running Cardinal Scholars they got the idea for an online tutoring company—InstaEDU. In July 2012 they sold Cardinal Scholars to Course Hero. In August 2013, the service announced it had raised a $4 million Series A round of funding from Battery Ventures. At that time, the InstaEDU service also emerged from beta. On 3 June 2014, Chegg Chegg, Inc., is an American education technology company based in Santa Clara, California. It provides homewor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Google
Google LLC () is an American multinational technology company focusing on search engine technology, online advertising, cloud computing, computer software, quantum computing, e-commerce, artificial intelligence, and consumer electronics. It has been referred to as "the most powerful company in the world" and one of the world's most valuable brands due to its market dominance, data collection, and technological advantages in the area of artificial intelligence. Its parent company Alphabet is considered one of the Big Five American information technology companies, alongside Amazon, Apple, Meta, and Microsoft. Google was founded on September 4, 1998, by Larry Page and Sergey Brin while they were PhD students at Stanford University in California. Together they own about 14% of its publicly listed shares and control 56% of its stockholder voting power through super-voting stock. The company went public via an initial public offering (IPO) in 2004. In 2015, Google was reor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Impermium
Impermium was a cyber-security startup company based in Redwood City, California, which provided anti-spam and account protection services for Internet websites. In 2014, the company was acquired by Google. History The company was founded in 2010 by Mark Risher, Vishwanath Ramarao, and Naveen Jamal, who met while managing the anti-spam systems for Yahoo! Mail. The company protected more than 1.5 million sites worldwide, including Disqus, Livefyre, Pinterest, Squarespace, and Tumblr from attacks including fraudulent registrations, login and account hijacking, malicious user-generated content, and other forms of Social spam. Impermium received venture capital financing from funds including Accel Partners, Greylock Partners, Highland Capital Partners, Morado Ventures, and the Social+Capital Partnership. In January 2014, Google Google LLC () is an American multinational technology company focusing on search engine technology, online advertising, cloud computing, computer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Microsoft
Microsoft Corporation is an American multinational technology corporation producing computer software, consumer electronics, personal computers, and related services headquartered at the Microsoft Redmond campus located in Redmond, Washington, United States. Its best-known software products are the Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers. Microsoft ranked No. 21 in the 2020 Fortune 500 rankings of the largest United States corporations by total revenue; it was the world's largest software maker by revenue as of 2019. It is one of the Big Five American information technology companies, alongside Alphabet, Amazon, Apple, and Meta. Microsoft was founded by Bill Gates and Paul Allen on April 4, 1975, to develop and sell BASIC interpreters for the Altair 8800. It rose to do ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yammer
Yammer () is an enterprise social networking service that is part of the Microsoft 365 family of products. It is used mainly for private communication within organizations but is also used for networks spanning various organizations. Access to a Yammer network is determined by a user's Internet domain so that only individuals with approved email addresses may join their respective networks. The service began as an internal communication system for the genealogy website Geni.com, and was launched as an independent product in 2008. Microsoft later acquired Yammer in 2012 for US$1.2 billion. Currently Yammer is included in all enterprise plans of Microsoft 365. History Pre-acquisition In 2008, Yammer was built as an internal feature for Geni by David O. Sacks. After 6 months of use at Geni, Sacks brought Yammer to TechCrunch50 to showcase its abilities and launch the product as an independent service away from Geni. Yammer won top prize at TechCrunch50, which allowed them to see ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
