Fremont Chip Designer Quantenna Communications IPO Plans to Raise $100M

Wireless chip designer Quantenna Communications hopes to join the new wave of Silicon Valley IPOs, revealing plans on Thursday to raise $100 million in an offering.

The Fremont company has raised more than $160 million from investors who include Sequoia Capital, DAG Ventures, Centerview Capital, Venrock and Southern Cross Capital.

Quantenna is the chip supplier to Mimosa.

Read entire story here...

Netsoft is a Technology Search firm, co-founded in 1992 by Randal J. Prout and Eric A. Thoreson and serving Silicon Valley from our office in Sunnyvale, California.

Note our track record and the resulting success of our client companies!

Providing Retained Executive Search and Contingency Search

We are a boutique search firm specialized in attracting top talent for positions throughout the San Francisco Bay Area. While we serve Silicon Valley networking and software startup company needs throughout the U.S., we also locate top performers for companies worldwide searching for California-based talent.

Netsoft Completes 9th Placement at Kumu Networks

Founded in 2012 around patented full-duplex wireless technology,Kumu Networks is developing bleeding-edge wireless products with commensurate bandwidth advantages. Kumu closed Series B financing October 2013 with a new lead investor and Series A investors participating as well.

Netsoft began working with Kumu in 2012 at company inception, when it was just 7 people.

Congratulations to Scott Young on his role as Product Engineering Lead!

Netsoft is a Technology Search firm, co-founded in 1992 by Randal J. Prout and Eric A. Thoreson and serving Silicon Valley from our office in Sunnyvale, California.

Note our track record and the resulting success of our client companies!

Providing Retained Executive Search and Contingency Search

We are a boutique search firm specialized in attracting top talent for positions throughout the San Francisco Bay Area. While we serve Silicon Valley networking and software startup company needs throughout the U.S., we also locate top performers for companies worldwide searching for California-based talent.

Carried Interest – How it is Treated Matters!

IMHO whether it is Trump or corrupt Hillary, if either candidate as president succeeds to get Congress to overturn the current treatment of carried interest, it will DEFINITELY impact Silicon Valley, tech, hiring, and overall US competitiveness. I had worked successfully in Silicon Valley for 2 decades before I even understood how carrier interest works. But the tax treatment of carried interest matters!

The US is still heads and shoulders above the rest of the world in tech and innovation.

Penalizing those in the ecosystem that take the big risks associated with such success would definitely be counterproductive

Whatever you tax heavily will be discouraged. Chief Justice John Marshall got it right when he famously wrote "the power to tax involves the power to destroy"

Here is the article from Anand Sanwal at CBInsights.com below:

I'm outta here

The topic of carried interest has come up in this year's US presidential election. For those unfamiliar, this description from a recent Bloomberg article (see The Blurb for link to full article) describes the debate.

The venture community is torn on the topic, with some VCs saying the current tax treatment should be changed while others argue that it's correct. But most don't say that the treatment of carried interest would impact their choice of vocation.

Keith Rabois (@rabois) of Khosla Ventures (a great follow on Twitter btw) isn't having it. He has said pretty emphatically that he's out of the VC game if carried interest goes away.

For the other VCs on the newsletter, are you getting out of VC if carried interest goes away?

Yes, I'm out
No. I like the current rule but wouldn't stop
No. And I think carried interest rules should change

Netsoft is a Technology Search firm, co-founded in 1992 by Randal J. Prout and Eric A. Thoreson and serving Silicon Valley from our office in Sunnyvale, California.

Note our track record and the resulting success of our client companies!

Providing Retained Executive Search and Contingency Search

We are a boutique search firm specialized in attracting top talent for positions throughout the San Francisco Bay Area. While we serve Silicon Valley networking and software startup company needs throughout the U.S., we also locate top performers for companies worldwide searching for California-based talent.

Netsoft Recent Placements

Vice President World Wide Sales CircleShout, William Jenkins will be building the sales strategy, model and a scalable system to grow SaaS revenues at CircleShout.

Senior Solutions Architect at Apstra, A David Cheriton funded start up in the Data Center Automation space.

Senior Director of Solutions Engineering Covisint, provider of Identity Management and IoT platforms for the enterprise.

Senior Sales Engineer, Platfora, provider of data analytics and visualization platform for Hadoop data stores.

Netsoft is a Technology Search firm, co-founded in 1992 by Randal J. Prout and Eric A. Thoreson and serving Silicon Valley from our office in Sunnyvale, California.

Note our track record and the resulting success of our client companies!

Providing Retained Executive Search and Contingency Search

We are a boutique search firm specialized in attracting top talent for positions throughout the San Francisco Bay Area. While we serve Silicon Valley networking and software startup company needs throughout the U.S., we also locate top performers for companies worldwide searching for California-based talent.