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peHUB Second Opinion

In Second Opinion, Blackstone is planning on acquiring the former Sears Tower in Chicago for $1.3 billion, Avon is kicked out of the S & P 500 after 50 years and Elton John leads a boycott Dolce & Gabbana campaign after the fashion designers call children born of IVF “synthetic.”

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VC-backed NoWait adds two VPs to team

NoWait, which is backed by Drive Capital and Birchmere Ventures, has named Jim Duddy as vice president of sales and Adam Gerson as vice president of operations. Both will be based in New York City. Previously, Duddy was a senior vice president of sales for Jibe and a director of sales at LinkedIn while Gerson worked at Hailo where he served as general manager. Based in Pittsburgh and New York City, NoWait is a mobile network for casual dining restaurants.

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peHUB First Read

First Read brings you into the week’s homestretch with news of the manhunt for two mass murderers in France, a meal replacement start-up is raising funding at a $100 mln valuation and the FCC will hold its first net neutrality vote on February 26.

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peHUB First Read

On this Veterans Day, First Read reveals President Obama is urging the FCC to adopt net neutrality, Deutsche Telekom has launched a $620 mln fund for German startups and an oil tycoon is ordered to pay $1 bln in a divorce settlement, making it possibly the most expensive ever.

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Data startup Confluent nets $6.9 mln

Mountain View, Calif.-based Confluent, a newly launched real-time data startup, has received $6.9 million in funding, the company announced in a blog post on its site. Eric Vishria of Benchmark led the round with participation from LinkedIn and Data Collective. To read more details about the funding, visit here.

 

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

In Second Opinion, we have Apple CEO Tim Cook’s big announcement, Facebook CEO Mark Zuckerberg will host a public Q&A session on Nov. 6 and you can get Ebola from a sneeze

caviar
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peHUB Second Opinion

In Second Opinion, airplanes can be hacked via on board wifi, Square buys Caviar, and a female intern finds that venture capital is “no place for a woman.” Also, R.I.P. James Brady.

A Google self-driving vehicle drives around the parking lot at the Computer History Museum after a presentation in Mountain View, California
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peHUB Second Opinion

In Second Opinion, what not to wear in the office this summer, most Americans would consider buying self-driving cars, Iliad makes a $15 bln bid for T-Mobile US and Argentina is in default on its bonds.

breakfast pizza
489 Views

peHUB Second Opinion

In Second Opinion, Nordstrom is in talks to buy Trunk Club, LeBron James return to the Cleveland Cavaliers will have a $500 million a year impact on the local economy, plus Tim Armstrong would love to merge AOL – Yahoo but Marissa Mayer isn’t backing it. Also, should pizza places shouldn’t serve brunch? No!

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455 Views

peHUB Second Opinion

In Second Opinion, American Apparel finally boots Dov Charney, wheter starting a company make you fat, Twitter buys SnappyTV and no one is expected to buy Amazon’s Fire Phone.

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peHUB Second Opinion

In Second Opinion, CEO Mickey Drexler has amassed more than $350 million from the LBO of J. Crew, only 2 percent of LinkedIn employees are black and another exec leaves Twitter. Happy Father’s Day everyone!

189 Views

Parking app SpotHero nabs $4.5 mln Series A

SpotHero has closed $4.5 million in Series A funding. The investors included Chicago Ventures, Bullpen Capital, Battery Ventures, OCA Ventures, Pritzker Group Venture Capital, Lightbank, G2T3V, e.ventures, Draper Associates and 500 Startups. In conjunction with the funding, Mike Gamson of LinkedIn has been added to SpotHero’s board of directors. Headquartered in Chicago, SpotHero is an on-demand parking app.

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Elementum nabs over $60 mln

Elementum, which emerged from stealth mode in February, has received over $60 million in funding. Investors included Lightspeed Venture Partners, Flextronics, Jerry Yang, co-founder of Yahoo, Aaron Levine, co-founder and CEO of Box and Dave Duffield, co-founder and co-CEO of Workday. Also, Elementum has named Duffield, David Dibble, former EVP of Yahoo, David Henke, former SVP of LinkedIn and Aneel Bhusri, co-founder, chairman and co-CEO of Workday, to its board of advisors. Based in Silicon Valley, Elementum is a provider of supply chain management information solutions for the mobile workforce.

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Venture’s social media superstars: VCJ

Which venture capitalists have the most followers on Twitter, the highest Klout scores, more tweets than anyone else? Refinements in both the sites and how we use social media are increasingly turning it into a targeted marketing tool for communicating with entrepreneurs, building relationships, creating personal brands and improving portfolio company visibility.

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Bessemer’s Cloud Computing Stock Index

If you remain doubtful that cloud computing software investments can pay off, just look at the numbers. Thirty of the largest publicly traded cloud software companies now have a combined market cap of more than $100 billion;

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