Connie Loizos
The SEC doesn’t like it when the wealthy are steered to IPO shares before the rest of the hoi polloi. Yet so long as someone is an accredited investor with net assets of more than $1 million, it’s not illegal. Which explains why Chicago-based investment bank and broker-dealer Advanced Equities Financial has been ushering a […]
Word is, interesting deals are hard to come by these days. Here’s one off the beaten path: In its June issue, Fortune Small Business writes about San Diego-based Uli Corp., which makes a product so smart, it’s hard to believe it hasn’t existed for years: a functional, lightweight, foldable surfboard that fits into an oversize […]
If you’re in New York next week, check out “Internet Week New York,” a “weeklong festival,” as it’s being billed, where anyone can — and seemingly is — hosting a session on how the Internet is changing life as we know it. Mayor Bloomberg will kick things off on Tuesday, June 3; its bookend will […]
Venture capitalist Lindsay Rosenwald oversees Paramount Biosciences in New York, a biotech incubator that “takes ideas from molecule to market” by nurturing nascent ideas, then lining up additional institutional investors for the startups in its portfolio that take off. Looks like he might make more, faster, by flipping real estate. The New York Post reports […]
The business of two-month-old Twitt(url)y is to track what URLs people are talking about as they talk about them on microblogging platform Twitter. It’s not the first startup to do it, and like its competitors/peers, it hasn’t a business model. So said its founder, Joel Strellner, at the social networking blog Mashable, who yesterday commented […]
Shelby Bonnie may have left online media company CNET on less-than-ideal terms, but he apparently still believes strongly in its business model. According to a source, Whiskey Media, Bonnie’s new Sausalito-based company, will be trotting out a number of CNET-esque vertical content sites, mostly focused on dudes aged 18 to 30. The company’s first “destination” […]
Expresso Fitness Corporation — maker of Web-enabled cardio fitness machines like stationary bikes with different virtual routes that you steer around as if riding in the actual outdoors — just raised a $12 million round of funding. It was the Sunnyvale, Calif., company’s fourth since its founding in 2003. I mostly noticed the news because […]
VCs have long used recruiters to find talent for their portfolio companies. Now some of them are using headhunters to find GPs for their venture firms—though they like to keep it hush-hush. Here’s how it’s done.
VCs have long used recruiters to find talent for their portfolio companies. Now some of them are using headhunters to find GPs for their venture firms—though they like to keep it hush-hush. Here’s how it’s done.
When Sequoia Capital and Index Ventures bet $10 million on a site that invites children to dress up virtual celebrities and a dozen more top firms begin to spend wildly on avatars, you have to wonder if the venture industry hasn’t gone completely bananas. Since January, VCs have sunk more than $150 million into teen-oriented […]