Catch up on the latest news after the weekend with this morning’s First Read which reveals who will survive the biotech VC downturn, the latest in Asian private equity news and who has raised the largest ever seed round in Y Combinator history.
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Seattle startup Thinkfuse is being acquired by Salesforce.com. Terms of the transaction were not disclosed. Thinkfuse investors include Ali and Hadi Partovi, SV Angel, and Founder’s Co-op. The company was founded by former Google and Microsoft engineers Brandon Bloom and Steve Krenzel. ANNOUNCEMENT Today, we are excited to share that the Thinkfuse team will be [...]
Well, if there’s anyone that could successfully extract value from used-up old handset makers, it would be private equity…
Microsoft is close to buying business software company Yammer for more than $1 billion, according to Reuters. Backed by PayPal co-founder and Facebook investor Peter Thiel, Yammer said it counts more than 80 percent of Fortune 500 companies as clients. It has raised more than $140 million in venture capital funding. Reuters – Microsoft Corp [...]
This morning’s FirstRead unveils AXA, Index and MassVentures new fundraisings, Microsoft getting closer to Yammer purchase and Peter Thiel’s controversial opinion that kids should skip college and companies should stop listing degrees as a job requirement.
Take a pause this morning to click through to the latest news from peHUB’s First Read which includes Silicon Valley Bank’s UK launch, China’s National Social Security Fund boosting PE investments and how to become a 19 year old VC associate.