by asormani
peHUB First Read
Posted on: June 19, 2013 by asormaniNo Comments »
This morning First Read delivers the latest funding updates; why Silicon Valley CEOs say no to IPOs and why Series A is the new Series B.
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In Silicon Valley, Less Focus on Providing for Future Generations
Posted on: June 18, 2013 by Connie LoizosNo Comments »
From their work ethic to their idealism, people in Silicon Valley tend to do things a bit differently. Turns out those differences extend to the way many of Silicon Valley’s newly rich think about generational wealth.
by Reuters News
SunGard Explores $2 Billion Data Unit Sale – Sources
Posted on: June 18, 2013 by Reuters NewsNo Comments »
SunGard Data Systems Inc, the computer software maker that was taken private in 2005 for $11.4 billion, is exploring a sale of its data managing operations that could fetch up to $2 billion, sources told Reuters.
Did Tax Uncertainty Drive Bad Investment Decisions?
Posted on: June 18, 2013 by Philippe T. Schenk, CFANo Comments »
Guest columnist Philippe T. Schenk of Grove Street wonders if the uncertainty around taxes in Q4 affected PE investment decisions and led to a misalignment of interests between the taxable GP and the tax-exempt LP.
by Steve Gelsi
Valence Group Banker Sees Good Mix of Chemical Deals Ahead
Posted on: June 18, 2013 by Steve GelsiNo Comments »
The Valence Group’s Anton Ticktin, who’s been focused on mergers and acquisitions in the chemical sector since the late 1990s, ranks 2013’s deal prospects as bullish, with major private equity players wading in. “We have a very strong pipeline,” Ticktin said in a phone interview. “We think 2013 will remain pretty robust, maybe not at the peak of 2011, but certainly at a high level—maybe the same as 2012.”
peHUB Second Opinion 6.18
Posted on: June 18, 2013 by Connie LoizosNo Comments »
Economist Steven Levitt on why data needs stories. Malcolm Gladwell on the gift of doubt. And why, when it comes to New York’s tech scene, Mayor Bloomberg will be a tough act to follow. And more!
After Six Years, Bain, CD&R and Carlyle Could Get Their Money Back with HD Supply IPO
Posted on: June 18, 2013 by Luisa BeltranNo Comments »
The IPO of HD Supply could provide a way for Bain Capital, the Carlyle Group and Clayton Dubilier & Rice to recoup their investment.
by asormani
Jobs of the Week: Benchmark Capital, Blackstone’s Park Hill and Coller Capital are Scouting for Talent
Posted on: June 18, 2013 by asormaniNo Comments »
This week there are job vacancies at venture veteran Benchmark Capital and secondaries specialist Coller Capital. Buyout behemoth Blackstone is also seeking a deal assistant for its growing Park Hill Secondaries team.
by asormani
peHUB First Read
Posted on: June 18, 2013 by asormaniNo Comments »
This morning read all about the top 20 US cities for venture; UK VC fund performance trailing behind its US counterparts, the latest tech deal update and more.
Accel Goes Big Into Big Data with Second $100M Fund
Posted on: June 18, 2013 by Alastair GoldfisherNo Comments »
Accel Partners has allocated another $100 million for its Big Data Fund 2, and the firm has added Anthony Deighton, CTO of Qlikview, and Shlomo Kramer, CEO of Imperva, to its advisory council.
General Catalyst Says CLEAResult Sale Illustrates Success of EIR Strategy
Posted on: June 17, 2013 by Connie LoizosNo Comments »
General Catalyst says its executive-in-residence program is clicking, pointing to the successful sale of energy startup CLEAResult to General Atlantic.
VCs Angle for Big Gains in RetailMeNot IPO
Posted on: June 17, 2013 by Joanna GlasnerNo Comments »
Digital coupon provider RetailMeNot has raised at least $265 million from venture investors in the past couple years to fund a spree of acquisitions and expand its market. Now, Austin Ventures and other backers are looking for a big return on investment from the company’s upcoming IPO.
