"Nathan Casey doesn't think of himself as a big risk taker. But when word came last winter that he would be losing his job as a vice president at Washington Mutual, the 27-year-old newlywed decided the time was right to take the startup plunge.Casey hooked up with two friends from [...]
"The Blackstone Group is raising a dedicated cleantech fund, peHUB has learned.The firm announced this morning that it has formed a dedicated cleantech investment group, but did not mention the fund. It will be led by James Kiggen, who previously focused on growth-stage and late-stage cleantech deals for AllianceBernstein. For [...]
"Technology bankers in Silicon Valley must be really bored these days. Not a single technology company went public in the second quarter of this year, according to the National Venture Capital Association. That is the first tech-free I.P.O. quarter since 1978.But the drop off in tech-related offerings may stem from [...]
"What's a good and bad investment in mobile now? Carolan said it's pointless for new companies to try to be the Facebook of mobile. 'What you should do is find a latent need that is unlocked in the mobile environment because it wasn't very useful in the PC environment.' It's [...]
"U.S.-based venture capital Walden International plans to launch a global fund early next year to raise up to $500 million as it steps up investment in China and India, a top official said on Tuesday.Walden manages more than $1.9 billion in assets, mainly in China and the United States.It aims [...]
"A second founding partner of Kleiner Perkins Caufield & Byers’ year-old China Fund has left, this time to work for a competing fund sponsored by a U.S.-based venture firm, Matrix Partners. David Su’s exit follows the departure last year of Joe Zhou, who simply quit after only a few months [...]
"Despite the hunger for capital by startup firms, the dicey stock market is scaring them away. The market for initial public offerings, or IPOs, is nearly frozen, experts say, and won't thaw again until the stock market stops its downward spiral. "Folks are scared because there is so much uncertainty [...]
Independent Street : Venture Capitalists: Not Working Long Hours, Not Making Many Deals: "Among the findings of a new survey of venture capitalists is this interesting nugget: Many VCs don’t work particularly long hours. At least right now, anyway.Of those contacted in the survey, the majority (58%) worked a pretty [...]
"YouTube CEO Chad Hurley, not known for being especially candid (especially now that he’s under the lock and key of Google PR!) gave an unusual address last night at a startup dinner in Palo Alto where he detailed the story of YouTube. We caught the talk on video. It’s too [...]
"From Sand Hill To San Francisco: The Reverse VC Commute Continues“Menlo Park-based Sequoia Capital, one of Silicon Valley's most successful venture capital firms, has agreed to lease the top floor of the office tower Tishman Speyer is building at 555 Mission St.….If completed, the deal would be the third major [...]
"Yahoos are still buzzing about Jeff Weiner's departure for the world of venture capital. Before he left, many of his coworkers thought he was a shoo-in for a CEO gig at Facebook. Now that he's an entrepreneur-in-residence jointly at Accel Partners and Greylock Partners — both investors in Facebook — [...]
Venture CapitalTop investors, 12 months rolling*RankVC investorNo. of deals1New Enterprise Associates422Draper Fisher Jurvetson272Intel Capital Corp.274Accel Partners234Sequoia Capital236Foundation Capital196Polaris Venture Partners198Goldman, Sachs & Co.188Kleiner Perkins Caufield & Byers188Venrock Associates18[...]
"LinkedIn networking site joins $1bn clubFinancial Times, UK - Jun 17, 2008... recruiting staff or finding new jobs, said it had raised $53m from a group of venture capitalists led by Bain Capital, taking the total raised to $80m ..."[...]
"Sigma Partners, an early-stage technologyventure capital firm founded in 1984, today announced the addition of KevinLaracey as a venture partner. With more than 20 years of experience as anentrepreneur and operating executive in technology companies, Kevinexemplifies Sigma’s philosophy that success as an entrepreneur is critical toachieving success as an investor [...]
"Turbine, Inc. today announced that it has raised $40 million in equity financing. Time Warner Inc. (NYSE: TWX) and GGV Capital, a leader in expansion-stage venture capital investments in the U.S. and China, led the investment along with existing investors, Highland Capital Partners, Polaris Venture Partners, Tudor Ventures and Columbia [...]
"MemoFrom: The Deal ProfessorTo: Mark ZuckerbergI read with great interest your recent interview with Kara Swisher at the D6 Conference. I was particularly struck by your answer to Ms. Swisher’s question about whether Facebook, the popular social networking site you created, can be sold by your venture capital co-owners without [...]
"The investors behind China’s Qiming Venture Partners previously were executives at information-technology heavy hitters like Microsoft, Intel and IBM. Duane KuangSo where are they looking for profits now? Not in IT much anymore. Instead, try drug companies, car-rental outfits and even an online-dating site.Heavy-duty IT deals, particularly investments in semiconductor [...]
"These days, commercial victory on the Internet is all about scale, and Mr. Varsavsky, a 48-year-old from Argentina, can be forgiven for speaking longingly and in detail about his peers’ achievements. No stranger to success — he has had a tidy crop of new media and telecommunications hits since the [...]
"Along a dusty two-lane highway in California's Mojave Desert, 550,000 mirrors point skyward to make steam for electricity. Google Inc., Chevron Corp. and Goldman Sachs Group Inc. are betting this energy will become cheaper than coal.The 1,000-acre plant uses concentrated sunlight to generate power for as many as 112,500 homes [...]
"Research In Motion (RIM) (TSX: RIM - News; NASDAQ: RIMM - News), RBC (RY: TSX; RY: NYSE) and Thomson Reuters (NYSE: TRI - News; TSX: TRI - News; LSE: TRIL - News; NASDAQ: TRIN - News), today announced plans to launch the BlackBerry® Partners Fund, a US$150 million venture capital [...]
"I love the useless pontification sound bite. In running Mark Logic, a Sequoia-backed company, I've met Moritz numerous times. In my estimation, he's one of the VCs least guilty of pontification in all of Silicon Valley. He's more like the old EF Hutton commercial: when he talks, (smart) people listen. [...]
"History of success - Kleiner Perkins and Sequoia have invested together in 50 companies, and separately in hundreds more. Some of the notable successes include; Google, Yahoo, Amazon, AOL, Apple, Citrix, Netscape, Intel, Intuit, Palm, PayPal, Plaxo, Sybase, Sun, Lotus, Electronic Arts, 3COM, Cisco, Oracle, YouTube, and many more.Pattern recognition [...]
"No social life. At least in the startup phase.That’s the message from two of the fiercest competitors in venture capital: John Doerr of Kleiner Perkins Caufield & Byers and Mike Moritz of Sequoia Capital. In a story today on VentureWire, Scott Austin reports on a rare Q&A session with the [...]
"Microsoft Corp (NasdaqGS:MSFT - News) withdrew its offer for Yahoo Inc (NasdaqGS:YHOO - News) on Saturday after negotiations fell through because Yahoo wanted more than the $33 a share that Microsoft was willing to offer.""In a letter to Yahoo Chief Executive Jerry Yang, Microsoft CEO Steve Ballmer said the company [...]
"Kleiner Perkins Caufield & Byers said Thursday it will invest $500 million in green technology companies that have passed their earliest stages of growth and are maturing.The venture capital firm also will invest in green-tech startup companies as part of another investment fund it introduced Thursday, which will invest $700 [...]
