A security guard walks past a logo of Alibaba (China) Technology Co. Ltd at its headquarters on the outskirts of Hangzhou

peHUB Second Opinion

In Second Opinion, Silver Lake stands to make 5x its money with the Alibaba IPO, Rob Ford has been diagnosed with a rare type of cancer and NFL Commissioner Roger Goodell says the NFL will overhaul how it deals with player behavior.

Corporate Affairs Manager Samantha Bartholomew poses in her living room in London
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peHUB Second Opinion

In Second Opinion, the U.S. poverty rate declines for the first time since 2006, how to download IOS 8 w/out deleting any of your data and tomorrow Scottish citizens will vote on whether to become independent.

rocketinspace
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peHUB Second Opinion

In Second Opinion, Rackspace is no longer for sale, that NFC chip on the iPhone 6 and 6 Plus will only be used for Apple Pay and another round of layoffs at MSFT is expected later this week.

minecraft
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peHUB Second Opinion

In Second Opinion, Microsoft buys Mojang, maker of Minecraft, Alibaba is raising the terms of its IPO to $66 to $68 a share and what do venture capitalists actually do all day.

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Brown Jordan buys Tropitone Furniture

Brown Jordan International, which is backed by Crescent Capital Group, said Monday it has acquired Tropitone Furniture. Financial terms weren’t announced. Pfingsten Partners, in 2007, led a buyout of Tropitone, a seller of outdoor casual furniture. The deal was financed by cash on hand as well as debt financing from AIG Investments and Bank of America Merrill Lynch. Moelis & Company was the financial advisor and debt placement agent to Brown Jordan. Intrepid Investment Bankers advised Tropitone.

Thiel, partner of Founders Fund, speaks during the panel discussion at the Milken Institute Global Conference in Beverly Hills, California
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peHUB Second Opinion

In Second Opinion, Peter Thiel is the John D. Rockefeller of our age, about 1,000 Uber drivers plan to strike Monday and North Korea supports Scottish independence. Plus, Zeus, the world’s tallest dog, has passed away.

Sign for a RadioShack store is seen in the Brighton Beach section of the Brooklyn borough in New York
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peHUB Second Opinion

In Second Opinion, Radioshack may file for bankruptcy, the difference between the iPhone 6 and the iPhone 6 Plus, research finds that Uber’s revenue is 12x that of Lyft’s and whether Hilton is the best LBO ever.

NFL: Green Bay Packers at Seattle Seahawks
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peHUB Second Opinion

In Second Opinion, Twitter taps the debt markets for the first time, the top 5 blogs for venture capital and how to trade in your old iPhone for the iPhone 6. Plus, when did the NFL known about the Ray Rice video?

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Duffy joins First Advantage

Michael Duffey has joined First Advantage as CFO. First Advantage, of Atlanta, provides background screening, identity and information services for employers and housing providers, is backed by the Symphony Technology Group. Duffy was previously CFO at Symphony IRI, another STG company.

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Fontinalis invests in Telogix

Fontinalis Partners said Wednesday it invested in Telogis. Financial terms weren’t announced. Aliso Viejo, Calif.-based Telogis provides cloud-based software products and services for companies with mobile workers, vehicles and other mobile assets.

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FieldAware raises $24 mln

FieldAware said Wednesday it raised a $24 million funding round. Summit Bridge Capital led the round with support from Silicon Valley Bank, while existing investors OpenView Venture Partners, Atlantic Bridge Partners and Oyster Capital Partners also participated. FieldAware, based in Plano, Texas and Dublin, provides cloud-based field service automation SaaS solutions.

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