Joanna Glasner

The last-minute agreement to raise the U.S. debt ceiling doesn’t appear to contain any surprises that will impact the venture capital industry. But many expected effects – including cuts in federal research funding and reduced revenue for government contractors – will make it harder down the road for venture-backed companies to stay competitive. That’s the […]

Venture capitalists, characteristically an optimistic bunch, have grown more pessimistic about their industry over the past quarter, weighed upon by worries about rapidly inflating Internet startup valuations, political gridlock, and greater regulatory burdens for the healthcare sector. Those were the concerns cited by VCs surveyed for the Silicon Valley Venture Capitalist Confidence Index, a quarterly […]

Palo Alto Networks, a developer of firewalls for enterprise customers, could be among the next fast-growing venture-backed companies to file for an IPO. The Santa Clara, Calif.-based company is looking at filing for a public offering, board member Jim Goetz, a partner at Sequoia Capital, told attendees at this week’s IBF Venture Captial Investing Conference, […]

They could have raised a bigger fund, but decided to go with a smaller one. That was the decision Dan Peterson, of Salt Lake City-based growth stage and buyout investor Peterson Partners, says he and his partners made before raising a $50 million sixth fund. The fund, which the firm announced closing this week, comes […]

Stare hard enough at a bunch of database queries, and eventually a trend will emerge. That, at least, was the finding from today’s dive into the murky depths of the Thomson Reuters private equity funding database. After ten minutes in a Zen-like trance before the early stage investments by industry category, a realization struck: Early […]

With Internet IPOs once again in vogue, it would seem like an optimal time for a ten-year-old, profitable online retailer to pull the trigger on a public offering. Instead, more than a year after its initial filing for a $175 million IPO, City of Industry, Calif.-based e-tailer Newegg disclosed it is withdrawing its planned offering. […]

I had meant to call Barry Eggers for the usual chat about his latest exit. His firm, Lightspeed Venture Partners, was the largest shareholder in Pliant Technology, a four-year-old developer of enterprise storage devices that sold a few days ago to SanDisk for $327 million plus equity incentives. That sort of deal didn’t get a […]

It’s not, like, a billion dollars, but it’s sure not chump change, either. Online “flash” sale pioneer Gilt Groupe is seeking to up to $138 million in an offering of preferred shares, according to a state securities filing. New York-based Gilt,which has raised $83 million in venture funding over the past three years, could not […]

Private equity firms are likely to flood the market this year looking to close new funds. But expect plenty to fail in their quest, as limited partners, burned in the past cycle, remain wary of over-committing to the asset class. Those were findings of a private equity white paper with the subtitle “Keeping LPs Happy” […]

It’s not just Facebook that’s exhibiting the symptoms of rapidly escalating valuation syndrome. Across nearly all private equity asset classes, prices for secondary stakes are on the rise. Those were the findings for the first quarter of the year, according to NYPPEX, a secondary market intermediary. After a very active 2010, the pace of secondary […]