Cisco to acquire security unicorn Duo for $2.35 billion
Cisco Systems Inc. has agreed to pay $2.35 billion for security startup Duo Security, the companies announced Thursday morning, beefing up the networking company’s software offerings.
Spotify investor predicts the stock will be a smash hit
The company is going around the investment bankers and taking itself public. Nobody knows what the price will be when the stock starts trading. But Mitchell Green isn't concerned. He's the founder
The music business is fundamentally broken: NYU finance professor
Nimay Mehta, Lead Edge Capital partner, and NYU Stern School of Finance Professor Aswath Damodaran discuss why Spotify chose to not raise capital with a traditional IPO and what will drive the
Spotify is Trump-proof: Mitchell Green
Lead Edge Capital's Mitchell Green on the state of the tech sector.
Spotify sees 2018 revenue growing 20%-30%, slower than 2017
Spotify, the world's biggest selling music streaming service, expects revenue to grow 20-30 percent this year as currency swings slow the pace from 2017 and it gears up for one of Europe's
Experian buys 3-year-old fintech group ClearScore for £275m
Experian announced its acquisition of LEC-backed ClearScore for £275M
Why Spotify decided to go public
Lead Edge Capital founder Mitchell Green explains why the music-streaming service Spotify chose to go public, arguing that the company wants to acquire more customers.
30 AND UNDER: Rising stars in NY tech who find hot startup deals and manage millions of dollars
LEC General Partner Nimay Mehta is select on the list of rising stars in NYC VC.
Lead Edge’s Mehta Sees SoftBank as Positive for Tech Startups
Nimay Mehta, Lead Edge Capital partner, discusses the landscape for venture capital with Emily Chang on "Bloomberg Technology."
Spotify files IPO as direct listing on NYSE
Spotify doesn't need to raise money, says Nimay Mehta, Lead Edge Capital partner, talking about the company's plans to go public as a direct listing.
Spotify is the reason music is growing: Lead Edge Capital’s Mitchell Green
Mitchell Green, Lead Edge Capital founder and managing partner, and Balaji Srinivasan, Earn.com CEO & co-founder and Andreessen Horowitz partner, discuss the outlook for tech IPOs like Spotify.
New York Times (via Reuters)
SoftBank says Benchmark, Menlo Ventures ready to sell some Uber stock
Still, many investors remained enthusiastic about Uber and told Reuters they were not selling. Mitchell Green of Lead Edge Capital, which invested when the company had a $40 billion valuation, has said
Wall Street Journal
Uber Hack Clouds Valuation as SoftBank Readies Bid
Mitchell Green, founding partner at Lead Edge Capital, an Uber investor, said breaches have become so commonplace that consumers are going to keep using the service and the core business won’t be
50 startups that will boom in 2018, according to VCs
"Duo just reached a valuation over $1 billion with their latest growth financing that we co-led, after first investing in the business nearly three years ago," says Avery Rosin, Principal at LEC.
San Francisco Chronicle
Uber Employees Could Become Overnight Millionaires with SoftBank Deal
San Francisco could see scores of newly minted millionaires if SoftBank Group’s investment in Uber goes through.
The Motley Fool
Alibaba’s Singles Day Is About to Put Amazon Prime Day to Shame
Mitchell Green, managing partner of Lead Edge Capital said: "Alibaba created a holiday and it actually worked. It's remarkable."
Wall Street Journal
Duo Security Raises $70 Million at Billion-Dollar Valuation
Duo Security Inc. has joined the billion-dollar startup club at a time when venture capitalists are investing record amounts into the cybersecurity sector.
Facebook Security Chief’s Favorite Cyber Tool Raises $70 Million and Becomes a Unicorn
Duo Security, an Ann Arbor, Mich.-based cybersecurity company, has closed a new round of fundraising worth $70 million at a valuation of $1.17 billion that includes the capital raised, the company said