VentureLoop News

Venture capital firms raised $9.1 billion from their investors in the second quarter of 2008, or 3 percent more than they did during the same period a year ago.

While the stock market has tanked, venture capital firms have been able to raise money in part because they invest for the long-term, and their investors may see venture capital as a way to diversify now that many other parts of the economy are hurting. Private equity firms, or those that buy or invest in later-stage companies, have been more impacted by the stock market.

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TheFunded, a website that rates VC firms and their partners, has published a new list of top rated venture capital partners. Four of the top ten VC partners work for VentureLoop clients.

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San
Francisco, California, February 26, 2008 – VentureLoop, the leader in job postings
exclusively for venture-backed startups, announced the launch of its 2008
summer internship program targeted at top MBA students who want to work with
startup companies. After a successful
pilot program in 2007 with Harvard Business School and MIT Sloan, VentureLoop
has added student groups from Columbia Business School, University of Texas
McCombs, Kellogg at Northwestern, Wharton at Pennsylvania, University of
Chicago Graduate School of Business, Stanford University Graduate School of
Business and University of California Berkeley Haas MBA program.

The program allows venture-backed companies to post
internships and search the student resume database, while students can apply
directly to company internships or post their resume to be searched. Unlike typical interns, the students from
these programs can step into a job needing no more assistance than any other
senior level employee.

“Finding quality
startup internship opportunities can be a difficult process, and VentureLoop
will be a valuable resource to make the search much easier,” said Josh Miller, an MIT Sloan
student and member of the Entrepreneurship
& Innovation program. “The site is phenomenal and caters perfectly
to the interests of students in the new Entrepreneurship & Innovation
program,” added Bennett Fisher, another student in the program.

PitchMe!
A unique feature launched by VentureLoop allows startups to
post a generic internship opening and have students “pitch” them on what they
could offer for the summer. This gives
startups the flexibility to see what help students can offer their venture
while allowing students to think creatively about how to “pitch” their skills.

“I really like the PitchMe! feature,” said Sunil Nagaraj, a student at
Harvard Business School. “It will allow
me to craft a role for myself that demonstrates the unique strengths I can
bring to the table that go far beyond what a resume communicates.”

“The internship program has been a great compliment to our
regular startup job postings,” said Jeremy McCarthy,
CEO of VentureLoop. “We have
relationships with several hundred venture-backed startups, and this is a
perfect opportunity to connect them with entrepreneurial-minded students at top
graduate programs.”

The internship program is open to any company backed by an institutional
venture capital firm. Companies can
email internship@ventureloop.com
to request access to the program at no cost.

About VentureLoop
VentureLoop is the leading website dedicated to job postings
for venture-backed startup companies. Founded in 1999, VentureLoop creates direct relationships with the
world’s top venture capital firms to connect their portfolio companies with quality
candidates. Candidates can search the
VentureLoop website for thousands of jobs at startups backed by top tier
venture capital firms. VentureLoop’s
VentureCareers product is a hosted career page for venture capital firms,
allowing portfolio companies to advertise job openings directly onto their
venture capital firm’s public website. VentureLoop
also publishes the weekly VentureLoop Insider Newsletter, which communicates
valuable information about startup news, funding, and career advice. Find out more at www.ventureloop.com.

CONTACT:
Melissa Ta
Senior Public Relations Consultant
Melissa@ventureloop.com
www.ventureloop.com

I attended the PwC MoneyTree presentation yesterday for Q4 2007 industry numbers and full year 2007 numbers.  The results are still very positive despite cloudy economic news in the mainstream press.  There is more money to invest than quality investments to fund.  Fund raising is strong for VC firms and appears to be continuing.  And despite large amounts of money waiting to be invested, firms appear to continue prudence with their investment decisions as evidenced by a steady number of deals funded.

Until the M&A and IPO market liquidity hits a big wall, the market for jobs at startups backed by venture capital firms should continue to be strong.  One caution mentioned about liquidity referred to the potential buyout of Yahoo! by Microsoft.  A combined company could limit the number of M&A deals in the software/Internet market with one less major player involved.

See the PwC press release here

See the full report here

Jeremy McCarthy
CEO, VentureLoop

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San
Francisco, California, January 28, 2008 – JumpStart, an Ohio venture development firm focused on
early-stage startups, announced that it has launched VentureCareers on its
website to assist its portfolio companies with their recruiting needs in a
tight labor market. Hosted by VentureLoop, a leading provider of
software and services to the venture capital and startup communities,
VentureCareers will enable JumpStart
to offer a valuable resource by directing website visitors to job opportunities
at their startup portfolio companies.

“We really like what VentureLoop is doing,”
said Becca Braun, Chief Operating Officer of JumpStart. “JumpStart is directly involved in
accelerating the growth of our portfolio companies, and this service will be a
valuable resource for our growing startups.”

“JumpStart is a
great addition to our client base,” said Jeremy McCarthy, CEO of VentureLoop. “JumpStart
invests in high-growth potential companies in Northeast
Ohio and offers more geographical variety to candidates interested
in joining hot startup companies.  Potential
candidates visiting their website will now have the ability to view jobs for software
engineers, marketing,
sales,
and more.”

About JumpStart

JumpStart (www.jumpstartinc.org)
accelerates the growth of early-stage businesses and ideas into venture-ready
companies by delivering vital, focused resources to entrepreneurs in Northeast Ohio. JumpStart identifies and invests in
early-stage companies that have strong potential in the marketplace, solid
prospects for high growth, and are likely to qualify for later-stage funding.
Beyond investing, the JumpStart team of experienced Entrepreneurs-in-Residence provides
a continuum of business development services to its client and portfolio companies
to help ensure their success.

About VentureLoop

VentureLoop is the leading website dedicated to job postings
for venture-backed startup companies. Founded in 1999, VentureLoop creates direct relationships with the world’s
top venture capital firms to connect their portfolio companies with quality
candidates. Candidates can search the
VentureLoop website for thousands of jobs at startups backed by top tier
venture capital firms. VentureLoop’s
VentureCareers product is a hosted career page for venture capital firms,
allowing portfolio companies to advertise job openings directly onto their
venture capital firm’s public website. VentureLoop
also publishes the weekly VentureLoop Insider Newsletter, which communicates valuable
information about startup news, funding, and career advice. Find out more at www.ventureloop.com.

San Francisco,
California, January 23, 2008 – Hummer
Winblad, a leading San Francisco venture capital firm, announced that it
has launched VentureCareers on its website to assist its portfolio companies
with their recruiting needs in a tight labor market. Hosted by VentureLoop, a leading provider of
software and services to the venture capital and startup communities,
VentureCareers will enable Hummer Winblad
to offer a valuable resource by directing website visitors to job opportunities
at their startup portfolio companies. 

“VentureCareers will be a great asset for our growing
portfolio companies,” said Ann Winblad,
co-founder and Managing Director of Hummer
Winblad. “We are committed to helping
our entrepreneurs build their companies, and this service will allow us to
assist in building their team without adding administrative overhead.” 

“We’re very pleased to add Hummer
Winblad as a client,” said Jeremy McCarthy, CEO of VentureLoop. “Hummer
Winblad has a great portfolio of companies, and potential candidates
visiting their website will now have the ability to view jobs for software
engineers, product
management, accounting,
finance,
sales,
and more.”

 About Hummer Winblad

Hummer Winblad Venture Partners (www.humwin.com) was founded in 1989 as the
first venture capital fund to invest exclusively in software companies. Through
our history, we’ve had the opportunity to invest in the pioneers and leaders of
several generations of software applications, architectures, delivery methods
and business models.

About VentureLoop

VentureLoop is the leading website dedicated to job postings
for venture-backed startup companies. Founded in 1999, VentureLoop creates direct relationships with the world’s
top venture capital firms to connect their portfolio companies with quality
candidates. Candidates can search the
VentureLoop website for thousands of jobs at startups backed by top tier
venture capital firms. VentureLoop’s
VentureCareers product is a hosted career page for venture capital firms,
allowing portfolio companies to advertise job openings directly onto their
venture capital firm’s public website. VentureLoop
also publishes the weekly VentureLoop Insider Newsletter, which communicates
valuable information about startup news, funding, and career advice. Find out more at www.ventureloop.com.

CONTACT:

Melissa Ta
Senior Public Relations Consultant
Melissa@ventureloop.com