Alexander Haislip
Apple, Apple, Apple. It’s a drum the business/tech press loves to beat because it supplies a veritable treasure trove of page views. People love reading about Apple. So it’s no surprise that journalists have taken to speculating on what the iconic company should do with its $12 billion cash stash. BusinessWeek’s Arik Hesseldahl dismisses buybacks […]
Cisco Systems is preparing to invest in Russia and Eastern Europe this year as a limited partner and, potentially, as a direct investor, PE Week has learned. The San Jose, Calif.-based networking giant, which has ramped up international venture activity for the past year-and-a-half, is evaluating funds with Eastern European expertise to potentially invest as […]
No wonder buyout shops are managing to raise more money now than ever before. They’re outperforming VCs for every vintage year since 2001, at least according to the latest returns posted by the California Public Employees’ Retirement System. Buyout funds represent the top three performers in the pension fund’s Alternative Investment Management Program for every […]
Kleiner Perkins Caufield & Byers has entered into a consortium of entrepreneurs and venture capitalists lobbying India’s minister of finance to rescind plans to tax stock options that companies grant to employees, partner Ajit Nazre told PEHub.com. Minister of Finance P. Chidambaram announced the 35% options tax at the end of February in a speech […]
Aruba Wireless revealed it would price shares in its initial public offering between $8 and $10 per share, according to a regulatory filing. Aruba raised a total of $86 million in four rounds from investors, according to Thomson Financial (publisher of PEHub.com). The company is compelled by securities law to list any owners of more […]
The American Red Cross parked a truck in the middle of the plaza that separates Market Street from the Embarcadero Wednesday. Each side of the truck carried a 10 foot by 20 foot picture of destruction: San Francisco ripped apart by an earthquake, the emblematic clock tower of the Port of San Francisco fissured and […]
Update: RockYou is in the middle of fundraising talks with Partech International, a person involved in the deal says. The deal has not closed. Iconix, the company that sued two of its former employees for walking off with proprietary software they later used to found RockYou, now counts itself as a beneficial owner of the startup and […]
Ajit Nazre is the point main in India for Kleiner Perkins Caufield & Byers. The former SAP executive has been with the firm since 2003 and invested in Info Edge (India) before its wildly successful public offering last year. We talked to Nazre about what has changed in India and how investors and entrepreneurs are […]
If you haven’t seen the March cover story for the Venture Capital Journal, you need to check it out. It’s a soup to nuts look at investing in India. Joanna Glasner and I really hit this subject hard and looked at every angle of the Indian economy: from stock markets to power outages, the management […]
It’s hard to stay hungry when you’re milking a cash cow. Plus it’s boring to work for a legacy product that seems to magically manufacture money, even if you’re getting paid more than the industry average. James Hong ran into this problem with HotOrNot.com, a website he founded in 2000 that had $4 million in […]