They Are Back – HBO’s Silicon Valley Season 3 Is Here

The motley crew from HBO’s Silicon Valley is back. The popular series premieres on April 24, 2016. Mike Judge and his crew have brilliantly captured the essence of Silicon Valley’s startup culture with its warts and all. HBO’s Silicon Valley gives you a sense of what it takes to do a startup in Silicon Valley.

The TV series takes you behind the scenes and reveals how entrepreneurs struggle to make a mark and the various hoops they jump to raise money.  So far we have witnessed the fictional startup Pied Piper’s efforts to differentiate itself and  raise money. We have also seen the shenanigans of one of its investors and his obsession with the Tres Comma Club.

It looks like Season 3 is going to be a riveting watch as we witness the folks at Pied Piper go to the next level of growth.  There is that all too familiar storyline of how founders get replaced by seasoned CEOs. It looks like Pied Piper’s founder is going to become “an employee of his own company.” And I guess we can expect to see and hear a lot of those Unicorns in Silicon Valleys and their burn rate.

In case you missed – here is my interview with Dr. Vinith Misra, who is a technical consultant for HBO’s Silicon Valley series. All those algorithms on the blackboard and the geek speak in the show is a contribution of Dr. Misra.

 

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Medallia Raises $150 Million And Joins Silicon Valley’s Unicorn Club

Medallia

Medallia

Medallia, a Palo Alto-based company raised $150 million yesterday and became the latest member of the Unicorn club. Unicorns are companies whose valuation is over $1 billion. Medallia’s valuation was over a $1 billion according to Borge Hold, CEO of the company.

The latest round of funding was led by Sequoia Capital, which participated in previous rounds of funding This new tranch of fund will be new products and tools and to expand their global footprint. Currently the company has 700 employees. The company has raised a total of $255 million so far.

Medallia was founded by the husband and wife team of Hold and Amy Pressman. Both are Stanford alums, who worked for Boston Consulting Group before starting Medallia in 2001. The company’s focus is on customer feedback. Medallia helps capture unstructured customer feedback from various devices and platforms and their softward helps improve the customer experience for clients like Four Seasons, Macy’s, Wells Fargo and others.