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Friday Feedback

By Dan Primack — 11 years ago

The sun is shining, the minimum wage is (hopefully) about to be raised and I’ve got to pack up the uncharismatic VW for a weekend in New Hampshire. In other words, it’s time for Friday Feedback.  *** First up is a question from David on the HCA deal: “Would KKR take a piece of it […]

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The $80 Billion Buyout

By Dan Primack — 11 years ago

A popular press sport right now is to identify public companies that could be snatched up by leveraged buyout firms. Lots of attention being paid to perceived under-valuations, P/E ratios, lender proclivities, etc. But rather than providing a list of companies that could receive bids, let’s approach it from a different angle: How many U.S.-listed […]

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Random Ramblings: The Spark Behind Spark

By Dan Primack — 11 years ago

Welcome to a brutally busy news morning. We’ve got the largest leveraged buyout in history (HCA), WL Ross getting acquired (conference call at 10am), VC disbursement data indicating that Q2 2006 was the busiest quarter since Q1 2001 (MoneyTree Survey figures come tomorrow) and some other multi-billion buyout deals that can’t even crack our Top […]

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Just Linking Around…

By Dan Primack — 11 years ago

I’ve long been on record as saying that the worst-ever VC deal came in 2000, when Hummer Winblad Venture Partners invested $15 million into file-swapper/stealer Napster Inc. The reason is threefold:  Napster already was facing several copyright infringement lawsuits, with several more expected to follow.  The deal included a provision whereby HWVP partner Hank Barry […]

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Friday FeedBack

By Dan Primack — 11 years ago

The sun is shining, the Israelis are escalating and at least one GOP chief executive (Schwarzenegger) understands the inanity of throwing out embryos when they could be used to further scientific research. In other words, it’s time for Friday Feedback.  First up is an extended email from Gilman Louie, the founding CEO of In-Q-Tel who […]

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Now Hiring: New York City

By Dan Primack — 11 years ago

During an industry event a few weeks back, I was pulled aside by a public pension fund manager who objected to my blanket characterization of his peers as “dumb money.” He argued that every large group has both good and bad apples, and that it’s unfair to deride the entire bushel.  I had two possible […]

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Growing Pains: Changes at ACS

By Dan Primack — 11 years ago

I was the first of my friends to get married, which prompted lots of questions about how I was handling my “new” life. “It’s just the same as it was before,” I said, “except I now have more plates.” After all, I had been living with my girlfriend/wife for several years (yes, slap me for […]

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Random Ramblings: PE Trade Lobby?

By Dan Primack — 11 years ago

Carlyle Group co-founder David Rubenstein last July gave a keynote address to ACG Boston, in which he mentioned that the buyout market should have a dedicated trade group in Washington. An audience member joked during Q&A that it would be tough for any lobbyist to have better governmental access than what Carlyle already enjoys, but […]

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Random Ramblings: HuffPo and More

By Dan Primack — 11 years ago

The self-obsessed blogosphere is sure to be buzzing today with news that Technorati has scored $7.6 million in Series C funding, from return backers like DFJ and Mobius Venture Capital (according to a regulatory filing). But Technorati is basically just a search engine, rather than an original content provider. So imagine the hubbub when HuffingtonPost.com […]

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Random Ramblings: In-Q-Tel & More

By Dan Primack — 11 years ago

Today’s column fell apart at the last minute (kind of like the National League), so just a few quick notes:  *** When athletes say that it’s not about the money, it’s usually about the money. When multiple VCs give multiple reasons for leaving the same firm over a short period of time, it’s usually about […]

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OBWC: Yes to Publics, No to Privates

By Dan Primack — 11 years ago

Have you ever seen one of those television segments where a monkey is brought in to make stock picks alongside Wall Street analysts? The monkeys occasionally prevail, which makes for the most compelling pseudo-business programming since CNBC launched the Dennis Miller show.  I actually haven’t seen one in a while, perhaps because the trained monkeys […]

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Back in the Saddle

By Dan Primack — 11 years ago

I have spent the past two weeks in legitimate vacation mode, during which time I checked email or voicemail messages only when I tired of playing Madden or eating a variety of BBQ-grilled foods. What this means, of course, is that I have only a passing knowledge of what has happened in the private equity […]

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Om Malik: Europe, the New Center of Innovation

By Dan Primack — 11 years ago

Today’s guest column comes from Om Malik, founder and editor of GigaOM.com, a daily news and analysis website following technologies, innovation and startups.   Skype, Last.fm, Netvibes, and StarDoll – what do these startups have in common? First, they are all backed by Index Ventures, a London-based venture fund formed by Danny Rimer, a former […]

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Goodbye to a Once-Trusty Friend

By Dan Primack — 11 years ago

The sun is shining, geopolitical diplomacy is failing and the Big Dig debacle is playing havoc with my Framingham-to-South Boston commute. In other words, it’s time for some Friday Feedback.  First up were responses to Thursday’s note about In-Q-Tel, in which I suggested that organizational troubles have, at least partially, caused three high-profile defections in less […]

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McLean Leaves ComVen — Higgerson To Return?

By Dan Primack — 11 years ago

Last week, ComVentures announced that it had hired Bob Barron as a venture partner. I received the press release while in the middle of a phone conversation, and mentioned it to my conversant. His response: “Sounds like they’re trying to get some good news out before everyone learns about the bad news.” Unfortunately, he wouldn’t […]

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