May 16, 2015; Baltimore, MD, USA; Victor Espinoza aboard American Pharoah celebrates winning the 140th Preakness Stakes at Pimlico Race Course. Mandatory Credit: Peter Casey-USA TODAY
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PE HUB Second Opinion

In Second Opinion, Stifel is planning on buying former Lehman brokerage from Barclays, Apple unveils iOS 9 as well as a new music service at its annual Worldwide Developers Conference and American Pharoah’s Triple Crown win is supposedly a bad omen for stocks.

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Dropbox employee Fushman joins Index

Index Ventures has named Ilya Fushman a general partner. Fushman, who was head of product, business and mobile at the file storage company, was one of the first 75 employees at Dropbox, which is a portfolio company of Index. He had been with Dropbox since 2011.

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peHUB Second Opinion

In Second Opinion, the Federal Reserve says a June interest rate hike is unlikely, New York’s top financial regulator Benjamin Lawsky is stepping down and according to a new study, 40% of the unemployed have stopped looking for a job.

Apple CEO Tim Cook speaks at the WSJD Live conference in Laguna Beach
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peHUB Second Opinion

In Second Opinion, the Chinese economy is now the largest in the world, Lyft promotes Brian Roberts to CFO, RadioShack will discontinue matching for 401(k) and 1165(e) plans and rivate equity has reportedly bought Ektron.

MLB: Arizona Diamondbacks at Chicago Cubs
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peHUB Second Opinion

In Second Opinion, we wonder why Wrigley Field is suddenly so empty, WalMart slashes the price of the iPhone 5S to $79, and EBay is considering spinning off of PayPal.

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Predictive Edge acquired by Dropbox

Predictive Edge said it has been acquired by Dropbox, according to a posting on the company’s Website. No financial terms were disclosed. The company said it would no longer support its A/B testing product. Predictive Edge raised a seed round from Great Oaks Venture Capital and angels Nat Turner and Zach Weinberg. It participated in the Startx accelerator affiliated with Stanford University.

googleglass
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peHUB Second Opinion

In Second Opinion, Barclays is cutting hundreds of jobs this week, coders are going crazy over Apple’s new programming language and Myspace is blackmailing users with old photos to win them back.

zuckerberg
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peHUB Second Opinion

In Second Opinion, JustFab is seeking funding of $50 mln to $100 mln ahead of an IPO, Condoleezza Rice sorta talked about her appointment to Dropbox’s board and Square expects to be profitable in next year. Plus Happy Birthday, Mark Zuckerberg.

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peHUB Second Opinion

Today in Second Opinion, 8 million people have signed up for Obamacare, Blackrock’s Q1 profit climbed 20 percent, Dropbox does more acquisitions and we will miss you Gabriel Garcia Marquez.

VC-backed Dropbox names former Secy of State Rice to board of directors

According to an announcement on its site made by CEO and founder Drew Houston, Dropbox has added former Secretary of State Dr. Condoleezza Rice to its board of directors. Rice served in her post under former President George W. Bush. Also, the firm has named Sujay Jaswa as its chief financial officer and Dennis Woodside as its chief operating officer. Based in San Francisco, Dropbox allows computer users to share photos, documents and videos anywhere without emailing files. Its backers include Sequoia Capital, Accel Partners, Benchmark, Goldman Sachs, BlackRock and Morgan Stanley. To read further details about Dropbox expanding its leadership team and adding Rice to its board, visit here.

camel
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peHUB Second Opinion

Today in Second Opinion, El Pollo Loco is looking to go public, Dropbox unveils Carousel, Apple sours on making an offer for Square and White Castle is now offering breakfast.

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