Document Dump

Just cleaning off the desktop…

It seems that Sean Parker has made his first (known) investment on behalf of The Founders Fund. It’s Berkeley, Calif.-based Philotic Inc., and seems to be an evolution of a politically-focused social networking site launched last fall called Predict06.com (site has since been disabled). The founder is a fellow ex-Facebooker named Joseph Green, and a regulatory filing indicates that it has secured around $1.2 million of a $2.75 million Series A round. Parker’s Founders Fund colleague Peter Thiel also is on the board. Here’s the filing: Philotic.pdf

* CEOs of private companies are expecting increased M&A activity, according to a new PwC survey. More specifically, 38% are planning a merger or acquisition over the next year, compared to 20% that actually did so over the past three years. Here’s the info: pwcma.doc

* Goodwin Procter client alert on the SEC’s proposed new anti-fraud ruled for advisors to private funds: CA_AntiFraudRules_1_07.pdf

* Midwest Healthcare VC Survey, from BioEnterprise: MidwestVC.pdf