Eric Schmidt, Ben Horowitz, And Others Share Their Thoughts On The Current State Of Tech IPOs

Wealthfront, a startup that has been disrupting the investing and personal finance space, is debuting a new video tonight that is definitely worth a look. The video features content from Google executive chairman Eric Schmidt, Andreessen Horowitz co-founder Ben Horowitz, Qatalyst CEO Frank Quattrone, and Benchmark Capital partner Bill Gurley and features their perspectives on recent tech IPOs and their significance to the industry. You can access the video below or here.Some of the highlights include lessons learned from the last bubble, what to expect from this new wave of tech IPOs and why going public is great for companies. For example, Schmidt gives his advice for employees of companies going public: he recommends taking your time and being careful about selling stock so that you actually make money and don't just incur a heavy tax liability.]]>

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Log Data Management And Analytics Startup Sumo Logic Raises $15M From Greylock And Others

Sumo Logic, a startup focused on enterprise log management and analytics, has raised $15 million in Series B funding round led by Sutter Hill Ventures, with participation from previous investors Greylock Partners and angel investor Shlomo Kramer. The new funding brings the startup’s total venture capital backing to $20.5 million.Today, Sumo Logic emerged from stealth to unveil its log management and analytics platform, aiming to help companies to uncover operational and security insights buried in enterprise log files. The startup was founded by ArcSight veterans Christian Beedgen and Kumar Saurabh in 2009, to provide a cloud based system for managing the massive amounts of enterprise log data.]]>

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Pinterest and 60 Others Demo Open Graph Sites + Apps That Auto-Publish To Facebook

Facebook's Open Graph app launch event is underway here in San Francisco, where over 60 new Open Graph websites and apps are either demo-ing or launching remotely. The apps can publish user activity back to Timeline and Ticker, even from offsite. Launch partners include Pinterest, Ticketmaster, Gogobot, Rotten Tomatoes, and many others. Carl Sjogreen, Facebook project manager, also announced that Facebook will now begin approving apps from third-party developers who aren't partners.]]>

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Chris Sacca And Others Invest $1 Million In A Startup That Wants Everyone To Hold A World Record

URDB -- formerly Universal Records Database  -- is announcing a name change and $1 million in Series A funding, from investors Chris Sacca, VantagePoint Capital and 77 Ventures. Initially conceived of at yes, BurningMan, URDB is now RecordSetter and a million dollars more flush.The premise behind RecordSetter is that "everyone on earth can be the world's best at something." The startup wants to to become the preeminent platform for people to both submit their own unique records and compete against other people's unique records through the uploading of quirky videos like "Most Kisses In 10 Seconds,""Longest 'Shhhhh'" and "Most Graphic Designers Dancing To 'Thriller'". You get the picture.]]>

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SweetLabs Raises $13 Million From Intel, Google And Others For Pokki App Platform

SweetLabs, the San Diego company behind the Pokki app platform and the OpenCandy advertising network, has raised $13 million in funding in a Series C round led by Intel Capital, with earlier backers Google Ventures and Bessemer Venture Partners also participating.The fresh money will primarily be used to invest in Pokki, a platform that lets developers create and distribute desktop apps using standard Web languages like CSS3 and JavaScript, the company says.]]>

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