frozen
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peHUB Second Opinion

In Second Opinion, Alibaba finally files for an IPO, Target’s interim CEO doesn’t want the job permanently and the success of “Frozen” helps Disney fly past quarterly earnings expectations.

Trip Hawkins’ If You Can Company raises $6.5 mln Series A

Trip Hawkins’ new startup, If You Can Company, said it raised a $6.5 million Series A round led by Greylock Partners and joined by Almaz Capital and other investors. The new money brings the total funding for the company, which will use gameplay to teach children social and emotional learning skills, to $9.3 million.

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For Startup Employees, Getting Rich Has Never Been More Complicated–CORRECTED

After Zynga goes public tomorrow, hundreds of its employees may see their wealth soar into the millions of dollars. The same appears true for possibly thousands of Facebook employees, when it holds its offering next year. But while Silicon Valley appears awash in easy money once again, the reality is that getting rich at a startup has never been […]

VC-backed Gaikai Seeks Deals as Gaming Shifts to Cloud

Gaikai, a privately held cloud gaming firm whose backers include Electronic Arts, Intel Capital and Akamai Technologies expects to sign deals with major publishers and video game makers, as the market shifts from console-based games to online titles, according to Reuters. CEO David Perry, 44, who founded Gaikai in 2009, said he is “going back […]

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Vancouver Venture Firm Is In The Game with EA

Game maker Electronic Arts is poised to invest in a newly-formed, $200 million Canadian venture capital fund made up of former EA employees, peHUB has learned. The firm, called VanEdge Capital, expects to hold its first close on $100 million from six limited partners, including EA, later this month.

Vancouver-based VanEdge plans to focus on early stage digital media opportunities in the United States and abroad and has garnered support not just from one of the world’s largest video game publishers. Limited partners currently executing final diligence on the firm include the Export Development Bank, the Business Development Bank, the British Columbia Investment Management Corp. (one of Canada’s largest pension funds), BC Renaissance Capital Fund and Nicola Investments, says firm co-founder Paul Lee.

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