Alexander Haislip
It hasn’t been a great year for socially responsible funds. JPMorgan said in June that it would no longer support Bay Area Equity Fund, its double bottom-line venture arm that invests in socially beneficial startups, and would spin it off. Also, Omidyar Network, which invests in nonprofits and for-profits that promote individual self empowerment, has […]
More than two years after he left Intel Capital, John Miner, former president of the corporate venture arm, has resurfaced in the Northwest managing a small VC fund. Miner and attorney and co-founder Bill Campbell have raised $2 million toward the first fund of Altien Investors, a Portland, Ore.-based venture firm. The partners structured their […]
23andMe, a genetics information startup founded by Anne Wojcicki and backed by Google, has raised $8.9 million according to a recent regulatory filing. It is unclear as to whether this financing is a second round or a continuation of the startup’s Series A raised in May. Google disclosed a $3.9 million investment in the company […]
Coworker Joanna Glasner did an awesome job interviewing four female VCs about their work and careers last month. You can catch the video online if you missed the event. The event was hosted by Girls in Tech, a burgeoning network of Silicon Valley women spearheaded by Laurie Anne Lassek and Adriana Gascoigne. Picture thanks to […]
Eight months after settling with EMI over its investment into Napster, Hummer Winblad Venture Partners has raised $183.5 million toward its sixth fund, according to a regulatory filing. Limited partners include J.P. Morgan Pooled Venture Capital Institutional Investors III, National Nominees Limited As Nominee for VFMC Infrastructure Fund II and the State Street Bank and […]
Joanna Glasner, VCJ’s awesome Senior Editor, is moderating a panel Wednesday night that promises to be worth watching. She’ll be discussing venture capital trends with four of the nation’s top investors: KP’s Trae Vassallo, DFJ’s Jennifer Fonstad, Canaan’s Maha Ibrahim and Greylock’s Eve Phillips. The event is run by the Girls in Tech, a new […]
Bay Partners created an accelerated approval program for making small investments in new media companies trying to use Facebook to launch in a bid to reinvigorate the troubled firm. The program, which Bay Partners calls AppFactory, aims to invest between $25,000 and $250,000 in “tens” of startups that take advantage of Facebook’s application programming interfaces […]
UPDATE: Sandra Wallis is a Managing Principal of Weathergage. Four former principal investors of Knightsbridge Advisors, a fund-of-funds focused on U.S. venture capital, closed their first new fund-of-funds and blew past their target after six months of fund-raising. Managing Principals Judith Elsea, Tim Bliamptis, Brad Hammond and Sandra Wallis, co-founders of Weathergage Venture Capital Management […]
The second quarter saw quite a bevy of venture-backed companies taking on the public markets: the greatest number since the fourth quarter of 2004. You can check out the data for yourself. The NVCA published its data, in coordination with Thomson Financial (publisher of PEHub.com) here and you can find Dow Jones VentureOne’s data here. […]
Monster hedge fund Och-Ziff filed for $2 billion IPO Monday. The fund earned $588 million in 2006, up from $260 million in 2005 and boasts a Sharpe Ratio of 6.4 for the previous year. The hedge fund was a backer of one IPO last quarter. It contributed to Amicus Therapeutics’ (Nasdaq: FOLD) $75 million IPO at […]