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US tech investor trend offers clue to Xero's rapid rise
Thursday Jul 25
New research from the United States might help explain the meteoric rise in New Zealand tech star Xero's share price over the past year.
A study by CB Insights, a research firm that tracks venture capital investment, found only 2 per cent of total funding in the internet sector went to social media firms during the second quarter of this year.
That's 19 percentage points down from the peak in the third quarter of 2011, when social media companies led by micro-blogging service Twitter took in 21 per cent of the total US$3.8 billion ($4.8 billion) in internet deals by VC firms.
New buzzwords have arrived and "big data" and cloud-computing companies are now grabbing the attention of venture capitalists, said Anand Sanwal, founder of CB Insights.
Cloud computing is the delivery of computer services over the internet.
Wellington-based Xero, which develops cloud-based accounting software for small and medium-sized businesses,
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New buzzwords have arrived and "big data" and cloud-computing companies are now grabbing the attention of venture capitalists, said Anand Sanwal, founder of CB Insights.
Cloud computing is the delivery of computer services over the internet.
www.nzherald.co.nz/technology/news/article.cfm?c_id=5&objectid=10902636
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VCs likes investing in Cloud-companies
http://www.mcafee.com/hk/solutions/cloud-security/news/20120116-01.aspx
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(KP is one of the biggest and best-known VC in USA)
*Kleiner Perkins said to eye “cloud” fund
VC power player Kleiner Perkins is reportedly considering a new fund that will be dedicated to cloud computing companies. Whether or not it follows through, KPCB has already backed big-time cloud plays including Zynga and brought a former Twitter exec in as senior partner.
Kleiner Perkins Caufield & Byers may kick off a fund dedicated to cloud computing companies, according to a Bloomberg news report.
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Depending on what numbers you believe, cloud is a big opportunity that nearly every VC, including Kleiner Perkins, is already attacking. Market Research Media expects the cloud computing category to grow at 30 percent CAGR and will hit $270 billion worldwide in 2020.
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http://markets.dealbreaker.com/breakingmedia.dealbreaker/news/read/20612100/kleiner_perkins_said_to_eye_%E2%80%9Ccloud%E2%80%9D_fund
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Cloud investments zoom; account for 1/4 of web deals
Last year, venture capital investment in “true” cloud computing companies constituted more than a quarter of overall Internet deal volume …
http://gigaom.com/2012/01/12/cloud-investments-zoom-account-for-14-of-web-deals/
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If you like more info on Cloud-9
See
Xero Investor Presentation, May 2013
pages
13-16, 20 to 37, 40-42
https://nzx.com/files/attachments/175830.pdf
PS
Sentiment = 'None', means " Don't sell"
DYOR
