zuckerberg
424 Views

peHUB Second Opinion

In Second Opinion, JustFab is seeking funding of $50 mln to $100 mln ahead of an IPO, Condoleezza Rice sorta talked about her appointment to Dropbox’s board and Square expects to be profitable in next year. Plus Happy Birthday, Mark Zuckerberg.

rainycoffee
620 Views

peHUB First Read

This morning, First Read brings you news about how the Americans allegedly blew up the proposed $35 bln merger between Publicis and Omnicom, how Square turned dollars into data and the Winklevoss twins list their bitcoin fund on the Nasdaq.

????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????

peHUB Second Opinion

In Second Opinion, fear of assistive technology is fueling all the Google Glass hate, the economic recovery is proving to be very lackluster, Discovery Channel sells HowStuffWorks at a big loss and look who won the Boston Marathon.

camel
474 Views

peHUB Second Opinion

Today in Second Opinion, El Pollo Loco is looking to go public, Dropbox unveils Carousel, Apple sours on making an offer for Square and White Castle is now offering breakfast.

obamacare
435 Views

peHUB Second Opinion

In Second Opinion, Square now accepts bitcoin for its online marketplace, Ares Management files to go public, Cloudera raises $900 million in financing and enrollment for Obamacare heads to 7 million.

Square explores IPO – WSJ

(Reuters) – Square Inc, the payment startup co-founded and headed by Twitter Inc‘s Jack Dorsey, is in discussions with banks about an initial public offering, the Wall Street Journal reported on Wednesday, citing a person familiar with the matter.

Square’s Jared Fliesler Joins Matrix Partners as General Partner

Matrix Partners, the Palo Alto, Calif.-based venture firm, has brought aboard a new general partner. Jared Fliesler joins the firm from the privately held payments company Square, where he served as VP of user acquisition and business operations. Prior to Square, Fliesler was an executive with Slide and is credited with helping to negotiate the company’s $200 million sale to Google in 2010.

Keith Rabois Joins Khosla Ventures’ Bench of “Venture Assistants”

Keith Rabois, a serial operating executive who most recently resigned as the chief operating officer of the payments company Square, has joined the venture firm Khosla Ventures as a partner. Before joining Square, Rabois spent numerous years at LinkedIn, first as a vice president, then as an executive VP of strategy and business development. Earlier in his career, Rabois, who has a law degree, was also an executive VP focused on public policy at PayPal. He also spent a year as an entrepreneur-in-residence at Clarium Capital, the hedge fund run by PayPal cofounder Peter Thiel.

Venture Investing Falls 11.6% in the Third Quarter

Venture capitalists remained cautious during the summer months of a presidential election year, reining in third quarter investments in the face of a slow economy and soft IPO market. Investments by U.S. firms came to $6.49 billion in the quarter down 11.6% from a year ago.

Branson Backs Square

(Reuters) – Square, the mobile payment start-up that counts former U.S. Treasury Secretary Lawrence Summers on its board of directors, has a new big-name backer: British billionaire Richard Branson. Branson has made a “multimillion” dollar investment in Square, according to a Square spokeswoman who declined to disclose the exact amount. Branson’s investment in Square follows […]

Kabbage Raises $17M From Mohr Davidow, BlueRun, Others

Kabbage, Inc. said it secured $17 million of Series B funding in a deal led by Mohr Davidow Ventures. Existing investors BlueRun Ventures; David Bonderman, founder of TPG Capital; Warren Stephens, chief executive of Stephens Inc.; and the UPS Strategic Enterprise Fund participated in the round. Also part of the round were several individuals, including […]

Mobile Is Going Viral. So Why Are Sequoia And Kleiner Crowing?

Mobile is finally coming into its own. Mobile startups are reaching scale, with revenue of sometimes $100 million or more. Facebook and Zynga, once tethered to the wired Internet, are seeing massive mobile traffic. And Internet radio service Pandora Media now gets more users from mobile devices than desktop computers, a reversal of the past […]

PEHUB Community

Join the 12500 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

Psst! Got any hot tips?

  • This field is for validation purposes and should be left unchanged.

PE HUB News Briefs

RSS Feed Widget

Marketplace

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget

Reuters VC and PE feed

RSS Feed Widget