Looking back at Josh Kopelman's Midas Capital

It is interesting to take a look back at Midas Capital, which was the personal investment fund of First Round Capital's Josh Kopelman. Although no longer actively investing, it had quite a portfolio, which you can see here.

Through Midas, Kopelman was a fairly early investor in LinkedIn, which filed in January for an IPO that could value the company in the $2 billion range, according to some observers. Kopelman also was an early investor in Boomi, the Berwyn-based Cloud services company that Dell acquired late last year. Kopelman had apparently become familiar with Boomi as a customer while he was running Half.com.

Also, there was TurnTide, the anti-spamming software company that was spun off from ePrivacy Group in 2004 and sold to Symantec six months after its creation for $28 million. Other Midas investments included InstaMed Communications, the successful Philadelphia-based health payments network; Delicious, the social bookmarking service sold to Yahoo in 2005 for somewhere in the $15 to 30 million range; Five Below, the off-price retail chain for kids currently backed by Philly-based LLR Partners; and another anti-spam business, IronPort, which was acquired by Cisco Systems for $830 million in 2007.

Not too bad.


Daily Links 3/30/2011: EBay, GSI Commerce Sued by Septa over deal

Salesforce Buys Social Media Monitoring Company Radian6 For $326 Million (TechCrunch)

Ultra high-speed broadband is coming to Kansas City, Kansas (Official Google Blog)

Thoughts on being hermitically sealed inside the SAP Mothership (ZDNet Blogs)

HP's Apotheker makes pitch to partner with other companies (San Jose Mercury News)
Rules out buying SAP, saying he "would much rather have a strong partnership with them".

Valeant seeks to buy Cephalon for $5.7 billion (Reuters)

TWC's Witmer: We Didn't Anticipate iPad App Backlash
Operator Has Received at Least One Cease-and-Desist Letter from a Programmer
(Multichannel News)
Apparently, it was Fox that sent the Cease-and Desist.

EBay’s Lowest-Value Takeover Target Generates Losses: Real M&A (Bloomberg Business Week)

EBay, GSI Commerce Sued by Septa Over $2.4 Billion Buyout (Bloomberg)

Who will buy ING Direct USA? (Delaware Online: Delaware Inc)

Clearwire Finally Unveils Best Buy Service Plan (Light Reading Mobile)



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