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Buy Fred Wilson’s House

By Alexander Haislip — 12 years ago

Union Square Ventures’ Fred Wilson put his 15,000 square foot village townhouse on the market with a $37.5 million price tag, according to The New York Observer.   The mansion, built in 1847, once housed the Lady Christians with 30 bedrooms for women and had a library designed by Ernest Flagg populated with books donated […]

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5 Questions with Ken Doctor

By Dan Primack — 12 years ago

I had my say on newspaper buyouts this morning, so now it’s time to play 5 Questions with an expert. Ken Doctor is an affiliate analyst with Outsell Inc., a market research firm focused on the information industry. He leads Outsell’s analysis and research of news publishing, focusing on both legacy print news publishers creating […]

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Asthmatx Got a Better Deal

By Dan Primack — 12 years ago

VC-backed healthcare IPOs have been a disappointing breed this year, with most pricing either below forecast or not pricing at all. Among those in that latter bucket seemed to be Asthmatx Inc., a Silicon Valley maker of catheter-based medical devices to help people breathe easier. It had filed for a $74.25 million IPO in July, […]

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Removing The Gloss

By Dan Primack — 12 years ago

I was on CNBC earlier this morning to discuss possible buyouts of newspaper companies. For the uninitiated, both Tribune Co. and Trinity Mirror are on the block, while various folks have expressed interest in buying the New York Times and/or its Boston Globe subsidiary. My basic point was that these are basically vanity plays – […]

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Spoils of YouTube

By Alexander Haislip — 12 years ago

I called Stuart Peterson the day YouTube sold to Google and asked the manager of Artis Capital Management if he would be buying a new car or a new yacht with his winnings.> He wouldn’t say at the time how much he had made off his hedge fund’s investment in YouTube’s Series B (see the original […]

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Alexa Tries to Compete

By Alexander Haislip — 12 years ago

Internet stat collector Alexa is fighting back its critics today, comparing Sitemeter traffic stats to its own Alexa traffic history numbers on its corporate blog. Author Geoffrey Mack conducts a non-scientific study of two websites with actual traffic stats that look really close to the Alexa approximation. As though that will convince stat freaks of […]

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What is the Objective?

12 years ago

With the private equity world evolving at a rapid pace, it brings to mind one central issue: The debate centering around the proper objective/measure of investment return or GP performance. A recent Business Week coverstory entitled “Gluttons at the Gate” (October 30th Edition) spoke judgmentally about the amount of fees charged by Private Equity funds in […]

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What BitTorrent Has Raised

By Alexander Haislip — 12 years ago

Update: We have independently confirmed that BitTorrent has raised $25 million in new VC funding. Accel Partners led the deal, with Accel partner Ping Li expected to take a board seat. Existing backer DCM-Doll Capital Management also participated. There’s a lot of buzz in the blogosphere about BitTorrent, and the possibility it has raised big bucks from Accel […]

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4th Annual Internship Drive

By Dan Primack — 12 years ago

Both Yale and MIT are holding their annual PE/VC conferences later this week – Yale on Friday, MIT on Saturday – and it’s certain that both will be crawling with MBA candidates in search of future work. To those planning to graduate this spring, I wish you the best of luck. For you first-year folks, […]

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Three Pounds of Pulp or Three of Thought

12 years ago

It’s no secret that America is no longer the sole dominion of innovation and entrepreneurship. You’re just as likely to find an enthusiastic power point-wielding entrepreneur in the Starbucks of Shanghai, Mumbai or Beijing as you are in Silicon Valley. This is no protectionist rant. I believe global investing is the next step in venture […]

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More HCA Filing Fun

By Dan Primack — 12 years ago

It seems that ludicrous/lucrative transaction and management fees aren’t all that HCA disclosed in the 8-K form it filed last Friday with the SEC. Check out this passage that reader Zach noticed on page 12 (the bolding is mine): “In each of the employment agreements with the Executives (exclusive of Robert A. Waterman), the Company also commits to […]

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5 Questions with Neal Aronson

By Dan Primack — 12 years ago

Roark Capital Group of Atlanta recently acquired Schlotzsky’s Inc., an Austin, Texas-based sandwich shop chain with around $210 million in annual revenue. The deal was officially made by Roark-controlled Focus Brands, and is just the latest in a long line of restaurant industry deals this year. So let’s play Five Questions with Neal Aronson, managing […]

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Gobble Gobble

By Dan Primack — 12 years ago

In 2001, the Boston Red Sox hiked ticket prices just 24 hours after the New England Patriots had won their first Super Bowl. It was an egregious increase, but no one noticed. People also don’t notice much on the day after Thanksgiving, because they either are suffering tryptophan hangovers or are in pre-stampede mode at […]

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New Regulations

12 years ago

Many of you are familiar with the term “Phase I.”  Do you also know (your attorneys do) that the standard (I tend to call it a procedure) we use to develop Phase I’s was first written in 1996, rewritten in 2000, and as of November 1 there is a new “standard” in place. So what? […]

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Where in the World?

By Dan Primack — 12 years ago

I’ve spent the first few post-launch weeks in my Framingham, Mass. home office, but it’s now time to put on some shoes and hit the conference circuit (with a brief interruption for the holiday party circuit). So, in the spirit of shameless self-promotion, I’ll be at the: Yale SOM Private Equity Conference This Friday in Rye […]

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Monday Link Love

By Alexander Haislip — 12 years ago

A few interesting Web tidbits for you today: Ross Levinsohn was fired from News Corp for raising a $500 million Internet roll-up fund, Tony Perkins tells Sarah Meyers of Internet TV show Pulse at the DFJ Schmoozefest. Red Herring reports computer maker Dell, with its $60 million market capitalization, could be a takeover target. It […]

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DFJ & Partech Settle Suit

By Alexander Haislip — 12 years ago

Draper Fisher Jurvetson, Partech, and one other VC firm settled a lawsuit leveled at them by the former CEO of portfolio company Agentis International, who alleged he wasn’t getting the severance package the VCs had promised him, according to court documents obtained by PE Week. You can read the story here. Behind the velvet rope, […]

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Bain to Buy Back In?

By Dan Primack — 12 years ago

Bain Capital is running out of money. Of course, that’s a bit like saying that an ATM machine is running out of money: Rest assured that someone will show up in the morning to fill ‘er back up. The Boston-based firm had raised $10 billion this past spring, including an $8 billion general fund and […]

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