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Mattermark Daily – Wednesday, February 5th

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Twitter* issued an 8-K filing around 1pm Pacific Time today with financial results and operational highlights for Q4 and 2013 overall, as well as guidance for the coming quarter. By the numbers:

  • $664.8 Million in revenue in 2013 (+110% YoY)
  • Earnings per share $1.41 for Q4 2013, compared to $0.07 in the same period last year
  • 241 Million monthly active users (MAUs) as of December 31, 2014 (+30% YoY)
  • 184 Million mobile MAUs, 76% of total (+37% YoY)
  • 148 Billion timeline views in 2013 (+26% YoY)
  • Advertising revenue per thousand timelies is $1.49 (+76% YoY)

The stock price fell slightly on the news, before rebounding in afterhours – currently down half a point at the time of publishing.

Track Twitter with Mattermark Pro – yes, we track publicly traded tech companies, too!

From The Investors

Fred Wilson of Union Square Ventures discusses a stage of investment that rarely works out for him in “The Pre-Product Phase”, where he says:

“I’ve pretty much given up investing in products that aren’t ready for public use. It has not really worked out for me. I really enjoy investing in a business where the product is out in the wild, getting used, and everything else has to be figured out. I am good at that. But I am not good at investing in the figuring out the product stage. My track record proves that conclusively.”

Hunter Walk of Homebrew Ventures pays tribute to Fred’s self-awareness in “My Investor Role Models”

Jeff Bussgang of Flybridge Capital Partners ponders whether the informality of entrepreneurs’ thinking is hindering their success in “Have Entrepreneurs Become Too Informal?”

Lee Hower of NextView Ventures argues that revenue is the best signal for growth in B2B startups in “Revenue = Product Market Fit”

Frederick Arnander of Standard Ventures continues his series of posts on Stockholm tech with “The Startup Boom and the Next Face of Venture Capital (Part 2)”

Ajay Chopra of Trinity Ventures suggests investors should “Mine Your Portfolio” in an interview with StrictlyVC

Regulatory Filings of Interest

Sometimes I just read SEC filings for fun…

Fantex – the marketplace for athelets to “IPO” indicated they have raised $20 Million in a regulatory filing that includes John Elway of the Denver Broncos, David Beirne and Bruce Dunlevie of Benchmark Capital, and Joshua Levine of Kita Capital Management

AL-Retargeter-Fund LLC 
(ReTargeter) has filed a Form D for $290,000 sold as a pooled investment fund interest

Lettrs the mobile letter writing app, filed a Form D for a $1.5 Million maximum raise, with $400,000 sold so far from undisclosed investors

Lofty the expert-curated marketplace for valuable fine arts, antiques and collectibles has filed a Form D indicating they have raised $2 Million of a maximum $3 Million equity round. The filing indicates angel investor Fabrice Grinda will join the board.

Weathergage Venture Capital is fundraising for a new $200 Million fund (SEC filing). The firm is based in Palo Alto and lists Airbnb, Jawbone, Modcloth, Solarcity, SpaceX, Uber and Zulily among its portfolio companies.

Space entrepreneur Simone Syed of Mithrill Capital and a mysterious “B. Norman” are listed as Managing Directors of a new $5M fund called Velorum ProtoFund LP, which is authorized to raise up to $5 Million.

*Disclosure: I own some Twitter stock.

Curated with love by Danielle Morrill and the team at Mattermark. Try our startup investment research & portfolio tracking tools free for 30 days.

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© Mattermark 2024. Sources: Mattermark Research, Crunchbase, AngelList.