Jonathan Marino
Private equity firms are going to have their work cut out for them, if Jana Partners and the Ontario Teachers’ Pension Plan get their way. The pension and the hedge fund teamed to buy a stake in recent market benchmark under-performer and multi-faceted education and financial services publishing giant McGraw-Hill and decide that the company […]
As I recall it, the used textbook process in your average college town went something like this, once upon a time: take something you paid approximately $120 for, re-highlight selected passages of it and (hopefully) consume about three-quarters or more of its contents, then head off campus to a kindly hippie in a patchouli-scented bookstore […]
They Did It! The debt deal passes the House Hangin’ Around: KKR eyes KBL Uh-oh: European VC activity down More Job Cuts: Barclays will also reduce headcount
Ken Lerer can’t seem to stop getting his hands on money this year. First, Lerer Ventures, the namesake VC firm he runs with his son, closed $25 million from friends and family offices in May to follow up on his successful $8.5 million vehicle that closed in 2010. Now Lerer is also closing in on […]
Some venture capital firms are tweaking term sheets’ language to prevent entrepreneurs from making big secondary market exits before VCs can get their cut, multiple sources tell peHUB. New restrictions turning up in term sheets include requirements that founders do not sell more than 10% of their stake via secondary transaction and, separately, that founders […]
Done Deal? Has Washington averted disaster? We Smell a Rat: Is Dook Duke guilty of shady recruiting? Snitchin’: Ex-SAC manager to do time Cuts-a-Comin: HSBC to slice jobs Airbnbeatdown: The travel booking site continues to get bad press Broken System: Xconomy’s Luke Timmerman on the healthcare delivery system
Media Smackdown! Fortune rips Forbes--now that's how you beat up the competition! Return of the Jedi: And Forbes hits back Yel-P-O: The consumer review site brings on an IPO-savvy CFO He's the Man: Vinny Marino gets a promotion with the Tennessee Titans. Vince Young does not.
You Call That a Recovery? Don’t expect hiring to pick up anytime soon Shut ‘Em Down: Cities facing the most post office closures Hold Up: SEC throws a wrench in Mason’s IPO plans for Groupon Long Aluminum: Goldman Sachs is making a bundle on warehousing
Highway 12 Ventures took the VC scene by surprise yesterday when the firm announced that, after two funds, it would not seek a third vehicle and will wind down its operations. Mark Solon, a managing director with the firm, posted a blog item at the VC’s website, in which he said that thanks to Highway […]
So, How’s That Workin Out? HCA IPO not performing so well Gotta Have It: Subscribe here for the peHUB Wire daily e-mail. Totally free! Kingmaker: Chargify cops coin from Cuban Take One For the Team: Mark Sanchez sets an unrealistic example for the rest of the money-hungry NFL