Instagram Deal Opened Door to Tumblr Valuation

June 11 (Bloomberg) -- Mark Seneca, corporate partner at Orrick, Herrington & Sutcliffe LLP, talks with Bloomberg Law's Spencer Mazyck about his representation of Instagram Inc. in its $1 billion acquisition by Facebook Inc. last year. Seneca, in this "Rainmakers" episode, also compares the 2012 blockbuster tech deal to Yahoo! Inc.'s recent acquisition of Tumblr Inc.

Canada's Startups Need More Self-Confidence
01:10 - The missing ingredient in Canada's startup technology industry is self-confidence, especially when compared with their bolder competition in the U.S., according to a panel discussion among some of the nation's most successful entrepreneurs. Ted Livingston, founder and CEO of messaging service Kik, said Canadians too often talk themselves out of opportunities because of the risks. U.S. investors and entrepreneurs will think first about the potential of winning rather than the risks of failing, according to Michele Romanow, co-founder of Clearbanc and Buytopia. (Source: Bloomberg)
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