VICE Media valuation hits $2.2 billion [Startup Roundup] - Technical.ly Brooklyn

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Sep. 3, 2014 8:59 am

VICE Media valuation hits $2.2 billion [Startup Roundup]

Plus: the smallest SEC filing we've ever reported on.
VICE Media cofounders Suroosh Alvi, left, and Shane Smith, in 2013.

VICE Media cofounders Suroosh Alvi, left, and Shane Smith, in 2013.

(Photo by Flickr user Jason W, used under a Creative Commons license)

startup roundup

Who’s getting money?

VICE Media is in the final days of a deal with A&E that will value the company at $2.2 billion, according to The New York Times. Last year, around this time, it closed a deal with Fox that valued it at $1.4 billion. $2.2 billion is a long way of from the $28 billion valuation the company’s CEO Shane Smith speculated about in March, but it’s still a huge number. That said, if cool culture is by nature small, how long can VICE Media stay cool?

Mediant Communications, a platform for companies to communicate with shareholders and meet securities requirements, raised $3.25 million on an offered $5 million late-stage equity-only round, according to an SEC filing.

BlinkTrade, a decentralized bitcoin exchange, raised $450 on an offered $450 equity only round, according to an SEC filing, setting a new record for the smallest filing we’ve ever reported on.

 

Who’s making moves?

Online music lesson company, Lessonface has a contest going till Sept. 9, where new subscribers to its email list can win $300 in free lessons. We covered its approach to live lessons in May.

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Wearable notifications maker, Ringly, has a limited edition ring available for pre-order, called the Dive Bar. It’s on the site. We talked to the company’s founder, Christina Mercando, in January.

 

Who’s getting buzz?

Downtown’s Bandwagon has plugged into Hailo, a sort of ridesharing app that works for yellow cabs, reports the New York Business Journal. 

Tasting Table takes a tour of Good Eggs NYC. We did that in November, too, but they have more photos of food.

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