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My VC & Your VC, Sitting By The Fire…

By Amanda Palmer — 11 years ago

European VC is setting more than flags on fire, with homerun exits at twice the rate of US managers with half the amount of capital needed. Now that European Venture is back, how will US managers compete? For exits over $100m in market cap, more than one in four of the winners are European. For […]

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VCs Game Shy

By Alexander Haislip — 11 years ago

Venture firms pulled back on gaming investments in 2006 despite lucrative exits early in the year. Investment dollars dropped nearly 38% in 2006 to $137 million, down from the $219 million invested during 2005, according to data from Thomson Financial (publisher of PEHub.com). It seems odd there would be a dip in 2006. Especially after […]

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“Tell them to replace the CEO”

By Larry Aragon — 11 years ago

It seems VCs are now competing with one another to see who can come up with the best holiday card. The hands down winner so far is Blueprint Ventures, with its Web greeting card featuring entrepreneur-of-the-year Gary Snoman. Gary’s daydream of becoming a VC will make some laugh and others cringe. His favorite piece of advice: […]

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5 Questions for Larry Schloss

By Dan Primack — 11 years ago

Diamond Castle Holdings today announced that it has closed its inaugural fund with $1.825 billion in capital commitments. The New York-based firm was founded in late 2004 by former CSFB/DLJ Merchant Banking pros, including group head Larry Schloss. Larry now serves as chairman and CEO of Diamond Castle, and this morning answered 5 Questions for peHUB.com: […]

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Gaming for Dollars

By Dan Primack — 11 years ago

Thumb thumpers of the world rejoice! Major League Gaming just scored $25 million in VC funding from Oak Investment Partners. MLG is exactly what it sounds like: An organized league and sanctioning body for professional gamers. It even has nationally-televised “circuit” events, and held a $100,000 championship last month in Las Vegas. Sound ridiculous? Yup. Sound […]

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Until The Bitter End

By Dan Primack — 11 years ago

BusinessWeek is reporting that Bain Capital and Thomas H. Lee Partners won the Clear Channel auction only after its competition “walked away from a bidding war.” BusinessWeek is wrong. The claim is part of an article that features Tom Hicks, an LBO pioneer who currently is investing in both private equity and real estate deals via a […]

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Black-Scholes is Dead

By Alexander Haislip — 11 years ago

Black-Scholes is dead and the libertarians at Google killed it with a new type of stock option. Black-Scholes, you may remember, is the formula derived by Fischer Black and Myron Scholes and published in 1973 based on research done by Edward Thorp, Paul Samuelson and Robert Merton. Merton and Scholes won the Nobel Prize for […]

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Dysfunction Junction

By Dan Primack — 11 years ago

I’ve run out of analogies to describe Pacific Corporate Group. So now I’ll just use an adjective: Dysfunctional. For the uninitiated, PCG is a La Jolla, Calif.-based private equity consultant and fund-of-funds manager with an unparalleled ability to chase away top talent. Names like Mike Moy, Kelly DePonte, Scott Vollmer, Craig White and Peter Martenson […]

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Crystal Ball Gazing

By Dan Primack — 11 years ago

Venture Capital Journal is putting the finishing touches on its year-end issue, and per usual is soliciting one-line predictions about the 2007 venture capital market. Either pithy or prescient will work, with the best ones being a combination of the two. Got a prediction? Just email it over to me.

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Nasdaq, AOL or Yahoo – The Next/Last Great Venture Exit?

By Bart Schachter — 11 years ago

More than Nasdaq or AIM, Yahoo has become in recent years The Great Venture Exit. Nestled in Sunnyvale only a Prius’s putter away from Google HQ, the elderstatesman of the Internet was only yesterday the contemplated ramp to riches for many college-aged entrepreneurs hoping to cash their internet traffic for a cool $1.65 billion. So […]

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Contrarian Plays – Making Money in Residential Building Products and Services

11 years ago

In a white hot M&A market, we are often asked about sectors where investors can buy a business at a “reasonable” value. While the overall market continues to be strong, there are pockets of opportunities created in sectors where investor sentiment or underlying market trends don’t appear to be favorable – as has been the case […]

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Yahoo’s Plan to Buy Facebook

By Alexander Haislip — 11 years ago

I got a tip earlier this year that Yahoo’s rumored buy of Facebook was a done deal but couldn’t substantiate it. I wrote a story saying that VCs were watching Yahoo’s Q3 earnings for a potential announcement. Nothing ever came of it, and I gave up browbeating my contacts at the social networking site and […]

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An Odd Proposal

By Dan Primack — 11 years ago

Later this week, the Teacher Retirement System of Texas will take up a gubernatorial request that it allocate up to $600 million for direct venture capital investments into Texas-based companies and related technology endeavors. It is an odd proposal, to be sure, but not necessarily one to be dismissed out of hand. TRS currently makes […]

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Blueprint Hijacked

By Alexander Haislip — 11 years ago

A Russian hacker has taken control of Blueprint Ventures’ website, Partner Bart Schachter says. The hacker turned the firm’s website, www.blueprintventures.com into a link page for pornographic material. The Blueprint partners have been unable to receive email since they lost their site over the weekend. “It’s a pain in the ass,” Schachter says. “It’s happening in […]

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No VC Bubble Here

By Dan Primack — 11 years ago

The Financial Times reports that “VC Rises to Dotcom Bubble Levels,” because 2006 VC disbursements are expected to hit their highest levels since 2001. How remarkably silly. Not just the conclusion, but also the supporting data. The article reads, in part: Venture capitalists in the US, Europe, China and Israel invested $25.4bn in the first […]

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It’s The Platform, Stupid

11 years ago

I need to learn by doing. It’s an inefficient approach, but information gleaned from news and blogs doesn’t usually penetrate my thick head. I’m developing a mobile collaboration (or “social networking”) application. Though the piece that actually runs on the “mobile” is by far the simplest component of my system (a small Java/BREW program that […]

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Sequoia-Artis Blood Link

By Alexander Haislip — 11 years ago

Hedge fund Artis Capital Management scored big when it partnered with Sequoia Capital to invest in YouTube. The firms kept the relationship quiet. Artis prefers to keep its business private. You need a password just to get onto its website. But we broke the news when the deal was done. But YouTube isn’t the only […]

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Toys ‘R’ Us Grade? Incomplete

By Dan Primack — 11 years ago

I was on CNBC this morning (video here) to discuss last year’s $6.6 billion buyout of the original category killer: Toys ‘R’ Us. It was part of an ongoing “Buyout Scorecard” series, but the reality is that it’s too early to be rending judgment on equity sponsors Bain Capital, KKR and Vornado Realty. Not far […]

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