Top Silicon Valley angel investor Clavier says M&A is clearly in the air When Google snapped up Aardvark for $50 million at the start of the year, it was just another sign that the big "supertankers" of the Internet were continuing to be acquisitive. This acquisition follows attempts by Google to buy Yelp, and its purchase of Admob for $750 million — all within the last few months. This is good news for angel and VC investors starved for exits. "We’re starting to see these $10 to $20 to $30 to $50 million exits coming back, said Jeff Clavier, a top angel investor in Silicon Valley, who invested in 21 companies last year, as well as one of his biggest exits out of his portfolio - Mint selling to Intuit for $170 million."It’s as ...   [ Read more ]