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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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Betting on Cleantech

12 years ago

The venture capital business typically alternates between cycles of greed and fear, but will be absent in the emerging clean and green technology sector as these normally opposing emotional forces become synchronized for long periods. As the scientific evidence of global warming and its consequences become clearer, we will become increasingly fearful of overheating the […]

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You’ve Got To Be Kidding

By Dan Primack — 12 years ago

I’ve never been to the La Jolla, Calif. headquarters of private equity consultant Pacific Corporate Group (I hear it’s quite gorgeous), but now imagine that somewhere in its luxurious bowels are compromising photos of public pension trustees. How else to explain the fact that PCG is a finalist for new mandates from the Oregon Investment […]

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Moritz On The Throne

By Dan Primack — 12 years ago

The latest Forbes Midas List is out, with Sequoia Capital’s Mike Moritz again taking the top spot. These rankings are always great conversation starters, but also should be taken with a giant grain of salt (kind of like the majority of conversations). Why? Because Forbes focuses on exit value — acquisition price or stock price after […]

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Document Dump

By Dan Primack — 12 years ago

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 […]

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Draper Nephews Profiled

By Alexander Haislip — 12 years ago

Nick Paumgarten of The New Yorker Magazine profiled Nat and Alex Wolff, the stars of The Naked Brothers Band movie and nephews of venture capitalist Tim Draper. Alex and Nat play pre-teen rockers in a movie written by Polly Draper, Tim’s Sister and former star of the TV show “Thirtysomething” where she played Ellyn Warren. […]

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More Garnett & Helfrich Trouble

By Dan Primack — 12 years ago

Garnett & Helfrich Capital is an apt name for the San Mateo-based venture buyout firm, because Garnett & Helfrich are about all that’s left. You might remember that the G&H recently lost director Mike Guthrie to Symphony Technology Group, which helped prompt co-founder Terry Garnett to cancel a planned move to London. The next to go […]

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Battery Maker Raises $40 Million

By Dan Primack — 12 years ago

Lots of VC chatter today about green energy, following President Bush’s lip service during last night’s State of the Union address. Most of the focus has been on increased ethanol production (did you see Iowa Sen. Charles Grassley cheer like Oprah had given him a new car?), but there also is piqued interest among those […]

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Better $ex

By Alexander Haislip — 12 years ago

The rich are different than everyone else: They have better sex. At least that’s the findings of a new survey by Prince & Associates and wealth consultant Hannah Grove. They found that 70% of today’s multimillionaires said being wealthy gave them “better sex.” Read the WSJ’s story on it or see the study. I’m not sure […]

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Wednesday Warblings

By Dan Primack — 12 years ago

The sun is shining, the State of our Union depends on who you ask and KKR was apparently jealous of Blackstone doing that Deutsche Telekom PIPE last year. In other words, it’s time for some Wednesday Warblings… First up are some responses to yesterday’s column, which suggested that the private equity party might be approaching […]

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“Team” Disappears at Garnett Helfrich

By Dan Primack — 12 years ago

Garnett & Helfrich Capital has lost its second private equiteer in as many months, and has at least temporarily removed the “Team” option from its website header. The latest departure is Betty Hung, who joined the firm just last July as vice president of portfolio operations. She’s now taken a similar gig with Vista Equity […]

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Tech IPO Market Optimistic

By Alexander Haislip — 12 years ago

Call it the return of IPO optimism. I can’t find any other reason why Isilon Systems (Nasdaq: ISLN) popped 78% on its first day and is up nearly 100% since its IPO little more than a month ago. The distributed storage systems company is one of the few private companies losing money that has actually […]

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