Alexander Haislip
Wallstrip, an online business video blog, asks its investor Fred Wilson: “Do venture people have groupies?” It’s one of a series of silly, softball questions the show’s moderator, Lindsay Campbell, asks one of the investors in the company she works for. The questions aren’t objectionable in and of themselves, but asking them to an investor […]
Fraudwall, a startup founded by Ron Conway and Jim Pitkow, raised $250,000 of a $1.5 million Series A investment round, according to a regulatory filing. Matt Marshall has more on the company, which is trying to stop clickfraud, but he reports the investment round to be in the millions.
Venture firms rang in the New Year on a profitable note last week, after Cisco Systems announced that it would buy VC-backed network security provider IronPort Systems Inc. for $830 million in cash and stock. Profits from the acquisition will be shared among more than 12 venture firms and angel investors. Individual investors include Peter […]
Technology analyst and consultancy firm Techdirt raised a $600,000 round from six investors including each member of the five-person management team, documents show. The firm, founded a decade ago, runs a popular technology weblog. It started a customized information aggregation product called InfoAdvisor in the spring. It launched a conference called “Techdirt Greenhouse” during 2006 […]
Sequoia Capital must feel like an elephant hiding behind a telephone pole. No matter how hard it tries to conceal itself—declining media interview requests and maintaining its ban on press releases—it can’t help but draw attention. Subscribers to the Venture Capital Journal get the full image of Sequoia’s busiest year since 1999. From a survey […]
Subscribers to PE Week get a treat today! We uncovered a new venture capital fund backed by some of the world’s most powerful people and run by the veritable godfather of China’s Internet. Find out the details at PE Week. It’s a good time for me to remind regular PEHub.com readers that great content comes […]
Voyager Capital Management has closed on $93 million toward its third fund, according to recent regulatory documents. That’s just $5 million more than it had closed in May. Voyager’s fund-raising has slowed since the Seattle Post Intelligencer reported that firm founder Tony Audino resigned in July. Audino was still listed as “A Manager of the […]
There’s nothing like a lawsuit for airing dirty laundry. Here are some of our favorites from 2006: Rapt executives sued Accel and Levensohn over the loss of equity. Founders claimed they were smashed down out of their equity stake by the VCs that backed their company. After we covered the story, the VC firms settled […]
We wrote about a handful of funds in trouble this year. We’ve made a handful of the stories from PE Week and VCJ free for you. We broke the news on how Star Ventures lost four of its general partners, how Harvard was looking to terminate ITU Ventures III and how Invesco tried to retain […]
U.S. venture firms have been steadily upping their exposure to foreign companies, nearly tripling their investment abroad over the last decade, according to research by Darrel Pinto, Thomson Financial’s Director of Global PE Performance. U.S. VCs are investing some 20% of their money into foreign companies, up from less than 7% in 1996, the research […]