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Who’s Got The Goods?

By Dan Primack — 12 years ago

I often get emails from private equiteers who want to know what public pension system websites contain fund-specific performance data. My guess is that they’re in charge of crunching the numbers to support their boss’ inevitable claim to be “top quartile.” So here’s a semi-comprehensive overview, ranked in order of usefulness:   California Public Employees’ […]

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Mellon’s Mystery Buyer Revealed

By Dan Primack — 12 years ago

What is MVI LP? That’s the question some of us were asking last month, when an SEC filing revealed that Mellon Financial Corp. had sold its Mellon Ventures portfolio to Goldman Sachs and MVI LP. Most market watchers either assumed it was a Goldman holding company or gave it no thought whatsoever. But it turns […]

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Sex, Lies & Dopplegangers

By Dan Primack — 12 years ago

VSP Capital lives on. Ok, not really, but some of its former partners are still doing deals together. The latest is San Francisco-based Doppleganger, a onetime VSP portfolio company (then known as Evil Twin Studios) that provides avatar-based IM environments for music fans in conjunction with entertainment and media companies. VSP sold its stake via […]

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Draper Backs Adult Toy Co.

By Alexander Haislip — 12 years ago

UPDATE: Due to popular demand, my bosses have generously agreed to make our story on adult toy startup JimmyJane free of charge. Enjoy: JimmyJane, a startup looking to become the Montblanc of vibrating sex toys, late last year raised a $1.1 million Series C financing from a group of investors that includes a limited liability company controlled by Tim […]

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Opensource Coming for WebEx

By Alexander Haislip — 12 years ago

Ah opensource. Is there no sound sweeter to the ears of those feeding the coffers of enterprise software behemoths? It’s a sweet sound to VCs as well. They have made plenty of dough on exits such as JBoss’s $420 million sale to RedHat last summer. The most recent target for opensource toppling is WebEx Communications (Nasdaq: […]

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Gracenote Backs Mog

By Alexander Haislip — 12 years ago

Nearly four years after Apple Computer launched its iTunes Music Store (which has since sold more than 1 billion downloaded songs), startups are looking for their own iPod effect. Mog.com is certainly an example. The startup offers users social networking around the music they listen to and offers advertisers the chance to target an audience […]

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Video Launched the Banking Star?

By Dan Primack — 12 years ago

It’s not quite as raucous as an Internship Rodeo, but Vault.com has launched a video resume contest for aspiring investment bankers. Those interested in a summer analyst gig on Wall Street are being asked to submit video resumes here, after which Vault.com editors will select five winners (who then get recommended to top I-banks). Video […]

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Value Add

By Dan Primack — 12 years ago

As I sat outside in the home office hot-tub last night, I got to thinking about a bunch of improvements I’d like to make to both the PE Week Wire and peHUB.com (which I really view as sister products, at this point). Everything from expanded personalization options to worthy widgets to partnerships with other content […]

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Staying in Control

By Dan Primack — 12 years ago

VC-backed entrepreneurs regularly — and rightly — bitch about liquidation preferences, and how they can belie the notion that “we’re all in this together.” It’s kind of like the Titanic captain and steerage passengers all “being in the same boat.” True for a while, but not necessarily when the going gets tough. But entrepreneurs are […]

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VC Boarding School

By Dan Primack — 12 years ago

The last time I discussed VC industry guidelines was in 2004, when a group proposed standardized portfolio valuation/performance metrics and best practices. It was a well-meaning effort, but ultimately toothless because not even its designers – both GPs and LPs – would commit to adoption. So it was with a healthy dose of skepticism yesterday […]

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Where Has Private Equity Gone?

By Dan Primack — 12 years ago

I received an email earlier today from someone asking “Where has private equity gone? It seems that deal-flow has slowed just as we expected an onslaught of deals.” The reader and I share mutual expectations, but a different premise: I also expect that buyout volume will increase, but my research shows that the uptick already […]

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nLine Goes Offline

By Dan Primack — 12 years ago

Most of the VC-backed shutdown news this year has involved Web 2.0 companies, since so many of them have been unable to attract paying users (Assuming they even identified a revenue model beyond CPM ads). But the latest such failure is a semiconductor equipment manufacturer that seems to have had real corporate customers. The company […]

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Steady Performance

By Dan Primack — 12 years ago

The latest set of private equity performance data is out, and it looks a lot like the previous set. The only real changes come in one-year returns for both venture and buyouts, with the former dropping from 13.7% to 10.8%, and the latter dropping from 26.2% to 23.6 percent. Also notable is the short-term rebound […]

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Performance Data

By PEHub Administrator — 12 years ago

  PRIVATE EQUITY PERFORMANCE REMAINS STEADY IN Q3 2006     New York, NY, January 29th, 2007—Private equity performance was extremely steady in both the short and long term horizons for the period ending September 30, 2006 according to Thomson Financial and the National Venture Capital Association (NVCA).  Compared with the period ending Q2 2006, […]

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Crosslink Out for Combo Fund

By Alexander Haislip — 12 years ago

Crosslink Capital has begun raising its fifth fund with the intention of splitting the $600 million investment vehicle equally between venture deals and hedge fund-like public market investments. The fund will be more than twice the size of the $280 million Crosslink Crossover Fund IV, raised in 2003. The San Francisco-based firm currently invests from […]

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Top VC Backs Adult Toy Startup

By Alexander Haislip — 12 years ago

JimmyJane, a startup looking to become the Montblanc of vibrating sex toys, late last year raised a $1.1 million Series C financing from a group of investors that includes a limited liability company controlled by a top venture capitalist. PE Week subscribers can found out who by clicking here. The round is still open as […]

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Japanese Venture – A New Frontier?

By Jon Nieman — 12 years ago

Recently, I have been introduced to the prospect of early-stage venture capital in Japan. A lot of attention (and money) has been focused on China and India – but what about Japan? Japan is the world’s second largest economy and is home to powerhouse technology companies such as Sony, Toshiba, Fujitsu, NTT, Panasonic, Mitsubishi, Toyota, […]

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