Matthew Nelson, Norton Rose Fulbright, law, private equity, Australia
493 Views

Australia: Land of opportunity for U.S. PE

By Matthew Nelson, Norton Rose Fulbright One of U.S. private equity’s biggest challenges is how to deploy the record dry powder it has raised in recent years. Compounding the issue is intense competition for deals in North America, Europe and Asia. Against this backdrop, Australia presents a unique opportunity. While U.S. PE firms have been […]

Allen Latta, Campton Private Equity Advisors, private equity, venture capital, limited partners
1133 Views

Compelling PE Roadshows: The Investor Perspective

By Allen Latta, Campton Private Equity Advisors Thousands of private equity funds are being raised right now.[1]  For a fund in the market, that’s a massive amount of competition.  Limited partners (or LPs), the investors in private equity funds, are constantly meeting with general partners (GPs), the fund managers, to select the very best funds […]

879 Views

The most underrated M&A landmine: cybersecurity

By Chad Holmes, Optiv Recent years have seen multiple high-profile instances of “acquisitions gone wrong” due to data breaches during the M&A process. The most famous of these was in 2016, when an M&A deal between one of the world’s largest telecom companies and a leading internet company was almost derailed by a breach disclosure. […]

Private equity, accounting, Tim Mundy, private equity, FASB, IASB
1640 Views

Don’t let this accounting-rule change take your fund by surprise in 2019

By Tim Mundy, Deloitte & Touche One of the biggest shifts in corporate finance since Sarbanes-Oxley is barreling toward private companies and their PE backers. We’re talking about the new revenue-recognition-accounting standard from the Financial Accounting Standards Board and International Accounting Standards Board. On Jan. 1, private companies in all industries will have to conform […]

VCJ Cyber Security Currency Deal VC
771 Views

Tenable’s IPO may be a cybersecurity unicorn in the making

By Rohit Kulkarni, SharesPost Tenable could very well be headed to unicorn status given its financials, improving profitability, and the strong investor demand for cybersecurity providers. The Maryland company, which investors valued at $875 million as of 2015, makes software that enables companies to understand and reduce cybersecurity threats. Tenable’s planned IPO comes amid a […]

private equity, accounting, balance sheet, Cahill Gordon & Reindel, Helene Banks, law, merger, M&A
1432 Views

Five dangers lurking in the balance sheet of your next transaction

By Helene Banks, Cahill Gordon & Reindel Tick. Tick. Tick. Tick. Many private equity investors imagine a countdown clock as they hurriedly prepare to buy or sell a business. “Time kills deals” is the cliché, and both buy- and sell-side management teams are acutely aware of the need to reach closing day in a timely […]

VCJ Venture Guest Column IPO
867 Views

The verdict is in: Spotify’s direct listing is an unqualified success

By Rohit Kulkarni, SharesPost Spotify took an enormous gamble when it decided to directly list its shares on the NYSE in the largest deal of its kind. Unlike others, the company decided not to use the usual crowd of investment bankers, roadshow organizers, bookrunners and equity underwriters to market its stock and set an IPO […]

Ukraine, private equity, software, outsourcing
289 Views

Ukraine’s IT sector: a new Mecca for emerging markets PE?

When people think IT outsourcing, they think Bangalore or Hyderabad or any number of tech hubs in South Asia. But Ukraine is rapidly emerging as a leader in competitive IT services, creating new opportunities for savvy private equity investors. A.T. Kearney’s Global Services Location Index ranks Ukraine among the largest outsourcing markets worldwide. The country’s […]

VCJ Venture IPO Guest Column
1422 Views

Domo headed toward down-round IPO

By Rohit Kulkarni, SharesPost Domo, a Utah analytics unicorn, recently filed for its IPO. Based on its financials, ongoing cash burn and slowing top-line growth, we think it could be headed to a down-round IPO. The company’s most recent private funding valuation was $2.28 billion as of December 2017, but we’d be surprised if its […]

Refinery Ventures, Tim Schigel, venture capital
320 Views

Does your community have a catalyst? It should.

By Tim Schigel, Refinery Ventures In the startup world we spend enormous time and resources building infrastructure to spot the next big idea, foster successful startups and ensure that the best companies thrive. We’re funding accelerators, setting up incubator spaces and offering founders everything from funding to mentorship to work space. Just start your company. […]

662 Views

European unicorns on the rise with Adyen IPO

By Rohit Kulkarni, SharesPost Adyen, a payments processing company from the Netherlands, filed its IPO prospectus last week. With a private valuation of about $11 billion, the company’s stock offering could be the largest European offering since Spotify’s. We’ve witnessed several international IPOs this year spread across several sectors, such as fintech, ride sharing, healthcare […]

IPO. Venture VCJ Guest Column
653 Views

Enterprise IPOs on a roll with Adaptive Insights on deck

By Rohit Kulkarni, SharesPost Is Adaptive Insights’ IPO next on the hit parade? The Palo Alto company, a provider of on-demand business performance management software, recently filed for its IPO and is seeking to raise $100 million with Morgan Stanley and Merrill Lynch as lead underwriters. The company’s software focuses on budgeting, forecasting, model-building, reporting, […]

IPO Guest Column VCJ Venture
1034 Views

GreenSky’s IPO and the second wave of fintech offerings

By Rohit Kulkarni, SharesPost GreenSky is scheduled to go public this week at a price ranging from $21 to $23 a share, giving it a valuation of up to $4.4 billion. The Atlanta-based fintech company’s IPO could raise up to $901 million, the largest fintech stock offering to date. Shares of publicly traded fintech companies […]

VCJ Venture Flipkart Walmart guest column
403 Views

Walmart becomes SoftBank of ecommerce startups

By Rohit Kulkarni, SharesPost Walmart paid $16 billion for a 77 percent majority stake in Indian ecommerce leader Flipkart, implying an exit valuation of $20.8 billion. Flipkart is not only Walmart’s largest acquisition to date, but also the largest ever acquisition of a VC-backed ecommerce company worldwide. Per Walmart filings, in the fiscal year ended […]

Games, virtual reality, technology, education, private equity, mergers, M&A, MHT Partners, Alex Hicks
1340 Views

Gamification in education is a growing target for PE

By Alex Hicks, MHT Partners Not long ago, it was common to think that kids should stay away from computer or tablet screens, much the way we thought about television. Now, screens are being embraced as educational tools for younger and younger students as parents and educators begin to realize the benefits of the interactivity […]

venture capital, cryptocurrencies, Neptune Dash, Cale Moodie
277 Views

Stop trying to understand cryptomining and start evaluating investments

By Cale Moodie, Neptune Dash There is a prevailing belief that you need to grasp all the intricacies of cryptocurrency mining or blockchain technology before investing in a cryptocompany. But I’d encourage you to ask yourself whether everyone who invested in Google has a background in computer programming. The answer, of course, is definitely not. […]

private equity, venture capital, technology, internet, websites, SEO
288 Views

The hidden costs of web migration – four areas for digital due diligence

By Tim Lacey, Infinity Nation Giving companies the budget they need to migrate to new websites and platforms? Sound thinking. Assuming the process will be straightforward and won’t require expert help? Expensive thinking. I’ve recently come across a number of PE investors who have invested in ecommerce businesses either in need of a platform migration or […]