shutterstock_120633745 (1)

PE HUB First Read

First Read ushers in your morning with news that Shell will be cutting 6,500 jobs after posting a sharp drop in profits, Baidu is planning a $1 billion buyback to bolster its declining stock price and India will have more people than China by 2022.


PE HUB Second Opinion

In Second Opinion, Cardinal Health is acquiring generics distributor Harvard Drug Group for $1.12 billion, Fiat Chrysler delays Ferrari IPO and sorry Tim Cook, but less than a quarter of top retailers support Apple Pay.


Rover grabs $25 mln in TCV-led round

Seattle-based, a network that connects dog owners with dog sitters, has raised $25 million in funding. Technology Crossover Ventures led the round with participation from return backers Foundry Group, Madrona Venture Group, Menlo Ventures and Petco. Also, Rover has appointed Jeremy Wacksman, Zillow‘s vice president of marketing and product management, to Rover’s board of directors.


Ashton Kutcher and Guy Oseary’s A-Grade Investments back Rover has received undisclosed funding from Ashton Kutcher, Guy Oseary and Ron Burkle’s venture fund A-Grade Investments. Headquartered in Seattle, is an online community that connects dog owners with dog sitters. It is also backed by Menlo Ventures, Madrona Venture Group, Foundry Group and Petco.

PE HUB Community

Join the 12525 members of PE HUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget