Posted on: June 19, 2013 by mboslet
Andreessen Horowitz is paying close attention to the rising tide of hardware innovation and plans to keep the foot on the gas of the services it offers portfolio companies, according to General Partner Ben Horowitz.
Tags: Andreessen Horowitz, Anki, Ben Horowitz, Jawbone, Lytro
Posted on: June 19, 2013 by dtoll
It is mainly firms that are ultimately unsuccessful in raising another fund that inflate valuations during fundraising, according to a new academic paper.
Posted on: June 19, 2013 by Connie Loizos
Dolce and Gabbana are sentenced to prison. So gauche! Retired Army General Wesley Clark joins Blackstone as an advisor. And Steve Jobs ponders his legacy in a newly released, must-see video from 1994. And much more!
Tags: Second Opinion
Posted on: June 19, 2013 by Reuters News
(Reuters) – Cisco Systems will invest $15 million in Israeli venture capital funds as part of a broader plan to expand its operations in Israel and outside the United States, the company said on Wednesday.
Tags: Cisco, Israel, John Chambers, venture capital
Posted on: June 19, 2013 by Luisa Beltran
Catterton Partners, which is out fundraising for its seventh pool, is taking portfolio company Noodles public. The consumer-focused PE firm acquired a stake in Noodles in December 2010.
Posted on: June 19, 2013 by asormani
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.
Tags: Google
Posted on: June 18, 2013 by Connie Loizos
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.
Tags: Harris MyCFO, Jim Cody
Posted on: June 18, 2013 by Reuters News
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.
Posted on: June 18, 2013 by Philippe T. Schenk, CFA
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.
Tags: Grove Street Advisors, private equity, taxes
Posted on: June 18, 2013 by Steve Gelsi
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.”
Tags: Apollo, Bain, CBC, KKR, Permira, Rockwood, Valence Group
Posted on: June 18, 2013 by Connie Loizos
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!
Tags: Second Opinion
Posted on: June 18, 2013 by Luisa Beltran
The IPO of HD Supply could provide a way for Bain Capital, the Carlyle Group and Clayton Dubilier & Rice to recoup their investment.