Jonathan Marino
Venture capital firms are increasingly welcoming Internet and tech startup investments in developing markets, including South America and Asia, they said Wednesday at the VC65 gathering in Boston. And they’re being welcomed right back. Asian countries seek to host American businesses coinciding with China’s loosening of borders for foreign firms, Draper Fisher Jurvetson Managing Director […]
American Apparel (AMEX: APP) is working with advisor Rothschild to help it explore a potential sale, as the company contends with a falling stock price and the threat of bankruptcy, three sources familiar with the matter told peHUB. American Apparel CEO Dov Charney did not respond to a request for comment. Two of the sources […]
Got Our Emails? Get our emails. Internet Killed the TV Star: Yes, it does seem that cable companies have something to be worried about … Which is Why… Dish Network just outbid everyone for Blockbuster Inc.
VC Backed IPO!!! Responsys, backed by boldface names, sets IPO terms
Cleveland-based biotech company Thermalin Diabetes, on the heels of a successful 2011 Series A fundraise for around $3 million that included backers JumpStart Ventures and Massachusetts Medical Angels, will seek to complete another round of funding in 2011, CEO Richard Berenson told peHUB. Thermalin, which was founded in 2007 and develops next-generation insulin analogs for […]
Erik Blackford and Barry McCarthy have joined Technology Crossover Ventures as venture partners, the firm announced. Blachford previously was president and CEO of IAC Travel, managing all of the company's travel assets, including Expedia, Hotels.com and Hotwire. McCarthy formerly served as CFO of Netflix, a TCV portfolio company. TCV has been busy on the hiring front; last week the company brought on Blackstone vet Ted Coons.
CI Capital Partners’ Texas-based Transplace, a provider of transportation management services and logistics technology, has acquired SCO Logistics, a Philadelphia-based logistics firm. Terms of the deal and advisors were not publicized; Joost Thesseling, a managing director with CI Capital Partners, worked on the transaction.
The maturation of the U.S. Internet economy and rapid development of online industry in other countries is pushing venture capital investors overseas, as they increasingly export American money and industry pinning their hopes on replicating successes in now-burgeoning territories. As top Internet brands’ user bases and valuations push companies closer to exits for their early […]
Look Who’s Coming to Dinner: Google could become ensnared in antitrust probe Can’t We All Just Get Along? Integrating angels into the VC mix Welcome Back! American flies again on Expedia, Hotwire Just Asking… Is it time to break up Google?
Insight Venture Partners revealed Monday it has set up two funds with about $2 billion to manage, marking the latest in a rapid series of announcements from VCs of billion-dollar fundraising totals as the industry as a whole seemingly faces a dearth of willing investors. Insight Venture Partners Fund VII reeled in $1.5 million in […]
Recently, venture capital firms have had to contend with increasing investor interest at virtually all levels of the startup funding ecosystem. Angel investors are flooding the woodwork, pumping capital into early stage companies on a widespread basis, changing how startup capital is raised. Now, VCs are competing with secondary market investors at the other end […]