Advent recently announced the acquisition of a majority stake in the Hudson Group, a clear sign of its commitment and interest for an often overlooked sector, the travel retail industry. After suffering from external negative events such as Iraq, SARS and 9/11, the shoppers appear to be back on the airport stores, and funds are […]
I am pleased to have as a guest blogger, Nitzan Shaer, who was an Entrepreneur in Residence (EIR) with us at IDG Ventures for the first half of this year. Nitzan had previously started Skype Mobile and prior to that worked at Microsoft Mobile. Nitzan recently left us to take the COO position at Mobivox, […]
Tumultuous credit markets are changing the private equity landscape. We’ve seen a falloff in upper and mega-market private equity deals, with some private equity groups exposed by a string of imprudent — and, in some cases, broken — deals. The massive leveraged buyouts that helped boost M&A activity to record levels earlier this year have […]
The wind power business provides valuable insights about prospective opportunities in sustainable energy. So says Ted Noble, vice president of Wintec Energy, a renewable energy and real estate company with headquarters in Palm Springs. Wintec has been in the renewable energy business for over twenty years as a developer, owner and operator of wind energy […]
While many consumers are focused on the hectic holiday shopping season, many CEOs are focused on the hectic annual planning season. Each of my eight VC-backed boards are in the throes of this annual ritual – trying to gaze into the crystal ball to divine what next year’s results will look like and how to […]
As many of you know, I travel several weeks a month for Pinnacle Group. In each of the 25 cities we actively recruit in, I spend part of each week interviewing candidates, part of each week meeting with firms and usually one day attending a conference or networking event. I love it and it gets […]
Dr. Peter Borden, a Distinguished Member of the Technical Staff with the Solar Business Group of Applied Materials, recently shared several insights from his history in solar power. Long involved professionally with solar power, Dr. Borden has installed a SunPower solar system and a flash water heater at his home to facilitate an end-user perspective […]
The rumor is that Google will finally unveil its mobile strategy today. The search firm’s every move is closely watched, but lately even the parochial Boston technology community is abuzz about what’s happening in Silicon Valley. For months now, both the Boston Globe and the Boston Business Journal have breathlessly reported Google’s every move, including its real […]
Every year an increasing number of funds reach the end of their planned ten-year term. In 1997, 309 private equity funds were raised, meaning that all those that have not already been liquidated will reach the decade mark this year (source: VenturExpert). At the end of a fund’s term, the General Partner has two basic […]
No candidate for president has suggested that the nation should raise the marginal tax rate on the richest beyond the 38 percent rate it was under Clinton (it’s now 35 percent, but the richest of the rich, as I’ll explain in a moment, are paying only 15 percent). Yet new data from the IRS show […]