Alexander Haislip
The Q2 goose egg for VC-backed IPOs has every pundit and prognosticator coming out of the woodwork to weigh in on what’s “really” going on. The NVCA polled VCs and found investors attributing the whiff to a variety of short-term shocks such as the credit crunch and Sarbanes-Oxley. But the story of an increasingly anemic […]
Loopt, a venture-backed social networking startup focused on mobile phone applications, has filed a lawsuit against Loop’d Network, a social network for action sports athletes and enthusiasts, over alleged trademark infringement. The suit, filed earlier this month in the U.S. District Court of Northern California, asks the court to enjoin Loop’d Network from continuing to […]
Jonathan Lee Riches likes suing people, companies and just about anything else he can put into a complaint. He recently turned his sites to cleantech investor Vinod Khosla, suing for $43 million. The complaint, verbatim: “Khosla’s fund invests in prison buildings. I’m suffering from no medical treatment. This is a conspiracy. Bhutto was killed on […]
Photos from the peHUB Shindig in Los Angeles, on June 9.
Could a great VC get to the top of the Midas list by just being lucky? Suppose the Chicago Cubs had a special offer: guess the outcome of opening day’s game correctly and we’ll give you a free ticket to tomorrow’s game. Predict right two days in a row and you’ll get a free ticket […]
When I got sinus surgery in 2002 I told people the experience was like sticking a Weedwhacker up your nose. Treating chronic sinusitis is, in fact, a complicated process prone to complications. Three hours after I was discharged from the OR I was back in the ER with the insides of my nose feeling like […]
I’m with Connie this morning, scratching my head at KP’s announced hire of long-time Sunster John Gage. The only thing I can figure is that the partners are running out of bandwidth. The firm has made 44 investments so far this year, according to data from Thomson Reuters (publisher of PEHub.com). That’s a lot of […]
Artis Capital Management, the hedge fund that works closely with Sequoia Capital and invested in YouTube, has launched a new fund, documents show. The San Francisco-based firm is working on a fund called Artis MENA fund. MENA is an acronym typically used as shorthand for the Middle East and North Africa. Its use in the […]
Comcast will announce the acquisition of Plaxo in a matter of hours, PEHub has learned. Deal terms are not going to be announced, a source familiar with the matter says. Expect a release at around 3:30pm Pacific. Rumors of the deal floated up three months ago and gossip site Valleywag reported the deal value of […]
Owen Thomas has a nice piece on Facebook’s $100 million venture leasing deal with Triplepoint Capital that dispels the myths around this type of financing. It’s worth pointing out that Gideon Yu did a similar deal while at YouTube. Triplepoint walked away with $6.5 million worth of Google stock thanks to the deal. PE Week […]