VENTURE CAPITAL POST

US-based online writing and reading system Medium by Evan Williams is considering raising $20 million from venture capitalists after basically thriving on angel investments, according to circulating rumors.

VentureBeat reported that 2013 was a good year for venture capital firms as it was the third quarter in a row when there were more than 20 venture-backed companies that held their public debuts.

San Francisco, US-based secretive startup Pushd raised $1.04 million in a recent funding round from unidentified investors, according to a document filed with the US Securities and Exchange Commission.

In a bid to outdo Twitter in terms of real-time sports discussion, social media giant Facebook has bought sports aggregator SportStream for an undisclosed amount.

Moped, a messaging platform startup, had been acquired by local cloud-based software startup 6Wunderkinder, according to the former's announcement on its website. Financial details of the transaction were not disclosed.

Former Square Wallet technical lead David Byttow and former Google product manager Chrys Bader-Wechseler are raising USD1.2 million in seed funding for their new startup called Secret.

Deutsche Telekom's statement revealed that it has a strategic partnership with Twitter Inc to boost the former's opportunities in innovative marketing, advertising and customer service.

Buffer, a social sharing app announced that it has learned its lesson after last month's hack that enabled attackers to post on its users Facebook and Twitter accounts. It now has implemented a two-step login and authentification in place to ensure that the incident would not happen again.

Micro-blogging site Twitter reportedly enabled Perfect Forward Security (PFS) across its mobile site, website and API feeds.

Young technology companies were now looking for high valuations, according to a report from The New York Times Dealbook. Dropbox is the latest among them.

The biggest gainer in terms of first day trading this week was not Twitter, but online children's apparel retailer Zulily, wrote the Motley Fool in an article.

Reporter Becky Pritchard tried living for one week without using products or services that were supported by the private equity industry-- and was surprised at how difficult the experience was.

With the IPO of microblogging service Twitter recently concluded, the 3% shareholdings of Kingdom Holding initially worth USD300 million in 2011 is now worth USD900 million.

Twitter announced that it had set its IPO price at USD26 per share and will start trading on the New York Stock Exchange on Thursday.

Twitter's share price increase shows the divestiture of the conservative approach to IPO management.