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Which Startup To Pick?

12 years ago

I was fortunate enough to visit two great conferences here in sunny San Diego during the last week of September, DEMOfall and ASIS, and then Consumer Technology Ventures more recently. In case some of you don’t know: DEMOfall (or “Demo”) and CTV are all about startups pitching their new products, mostly software, to VCs and […]

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RockYou Founder Pulls Blog

By Alexander Haislip — 12 years ago

Lance Tokuda, founder of embattled photo-slide show startup RockYou, pulled down his personal blog this afternoon. He had written detailed notes about his venture fundraising efforts on it earlier this spring. But fear not loyal PE Week and PE Hub readers! Google cached it for you so you could read the superfluous name-dropping first hand. […]

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Sequoia’s RockYou Jolted by Injunction

By Alexander Haislip — 12 years ago

Lance Tokuda asked me to leave the one year anniversary party for Web2.0 startup RockYou last night. He didn’t want to answer questions about the injunction a U.S. District Judge slapped on his startup, prohibiting the use of programming code he may have developed while working at another company. Tokuda is in danger of losing […]

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Collusion? What Collusion?

By Dan Primack — 12 years ago

During the White House Correspondents Dinner earlier this year, emcee Steven Colbert said of President Bush: “He believes on Wednesday exactly what he believed on Monday, regardless of what happened on Tuesday.” Kind of reminds me of what I keep seeing on the private equity beat. The first example came last month, when Sevin Rosen […]

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Open Immigration Should be an Easy Sell

12 years ago

The American Made study that details the impact of immigrant entrepreneurs on U.S. competitiveness has been public now for about eight hours.  NVCA commissioned this study to add some hard facts into the rancorous  and often overly emotional debate on immigration. For years the venture capital community has recognized the tremendous value that foreign born nationals […]

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Buyouts Shops Get Served

By Dan Primack — 12 years ago

While the Department of Justice continues its primer course on private equity, some individual shareholders are taking action against perceived abuses. Three people have filed what they hope to be a class-action lawsuit against 13 private equity firms, for allegedly violating federal antitrust laws. The plaintiffs are/were shareholders in such companies as HCA, Harrah’s and […]

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Corporate Venture Rides Again

By Jon Nieman — 12 years ago

In order to make this as interactive as possible, I wanted to spark some conversation around some of the areas of focus that our firm works on a day-to-day basis. As an introduction, Collective IQ focuses on four main areas: Private equity, corporate venture, corporate advisory, and portfolio companies. To start the ball rolling, in […]

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Web 2.0 Summit, Hold the Mayo

By Bart Schachter — 12 years ago

The IT establishment (or at least one person in it: Andy Grove) has been working hard for many years to bring the medical world out of the dark ages and improve record keeping (http://med.stanford.edu/about_photo/) . Mayo is clearly ahead of the curve.

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4 Exits in 5 Days?!?!

By Dan Primack — 12 years ago

KPS Special Situations Fund just announced that it is selling steel casting company AmeriCast Technologies to Castle Harlan for $110 million. Not earth-shaking news in and of itself, except that it represents KPS’ fourth exit in the past five business days. I have never seen anything quite like it, either in the buyout or venture capital […]

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Conviction in Coingate

By Alexander Haislip — 12 years ago

Tom Noe, a coin dealer that took $50 million from the Ohio Board of Workers Compensation between 1998 and 2001, was convicted Monday of theft, corrupt activity, money laundering, forgery and tampering with records, according to press reports. The corrupt activity charge could land him a mandatory 10-year prison sentence. Noe’s actions were the catalyst […]

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Ben Stein Q&A

By Dan Primack — 12 years ago

Last month, Ben Stein wrote in the New York Times that management buyouts of public companies should be outlawed. Pretty surprising for a free-market Republican who made his bones in the Nixon White House, before becoming an economic pundit, actor, game show host and economic pundit (again). So surprising, in fact, that some bloggers wondered […]

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Genetics: A New Age of Enlightenment

12 years ago

In an era where good news seems to get short shrift, I’d like to highlight to some encouraging news about a positive advancement in cancer diagnosis and treatment. The Baltimore Sun recently ran a feature story about a genetic test called Oncotype DX that provides a look at the inner workings of a breast cancer tumor […]

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PE and Clothing Stores

By Adrian — 12 years ago

I am very interested in knowing your opinion on clothing store LBOs, like the Eddie Bauer one announced yesterday or the Burlington Coat deal by Bain. What is the extraordinary value to be extracted out of these companies which are no clear leader of their segments and concepts. Is it purely a financial play? Or competition for […]

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Valleywag Bags Editor

By Alexander Haislip — 12 years ago

Valleywag, a widely-read Silicon Valley gossip blog, on Friday lost its editor-in-chief Nick Douglas. Douglas had launched the site in January 2006, after having dropping out of college to pursue the opportunity. One source familiar with the site said Douglas was fired for not adequately improving the site’s traffic. His dismissal on Friday was a […]

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Alsop-Louie Set To Close First Fund

By Alexander Haislip — 12 years ago

Alsop-Louie Partners is expected to hold the final close on its inaugural fund in December, pending limited partner approval of a fund size increase, PE Week has learned. The firm secured its $75 million target, but one of its LPs wanted to up its allocation by as much as $10 million. A final close higher […]

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Set Your TiVo (Updated)

By Dan Primack — 12 years ago

I’m tentatively scheduled to be on CNBC’s Closing Bell at 3:30 this afternoon, to discuss a variety of possible public-to-private buyouts. Expect discussion of such companies as Clear Channel, Tribune and (it’s back) Ford Motor Co. Expect me to say yes, why and no. 4:10pm Update: Ummm…. Not quite the topics you were expecting? Me […]

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Bush War on Medical Research Defeats Republican Senate

12 years ago

Sure, the biggest factor in the Republican loss of Congress was public discontent with the war in Iraq. Even so, Republicans would have held control of the Senate if the Bush administration were not waging a second war on major elements of modern medical research.  Fact: The Bush administration has done almost everything in its power to […]

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To Patent or Not to Patent (and Mutual Assured Destruction)

12 years ago

In October, I attended the Ocean Tomo Patent Auction in NYC. I was surprised to see that I was one of three venture capitalists in attendance reviewing the inventory of patents changing hands. What? No Web 2.0 discussions or golf?  Why bother? The Ocean Tomo Fall 2006 Live Intellectual Property Auction netted nearly $24 million, more than […]

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