Connie Loizos
Japan’s SBI Holdings and the Netherlands Development Finance Company (FMO) have reached agreement to form a fund to be managed by SBI Ven Capital (Singapore), and which will invest in the financial sector in emerging Asia. The fund’s target is $80 million with a first close target of $60 million, and the firms say that 85 percent […]
In 2012, with so many other funding options available, Ellen Pao doesn’t need Kleiner Perkins like she might have once. And neither does anyone else.
In an ironic twist, had Ellen Pao been promoted to general partner at Kleiner Perkins, it’s likely that she wouldn’t be able to sue the firm for gender discrimination, a law professor says.
A Message from KPCB Partner, John Doerr
PeoplesVC, a Peterborough, New Hampshire-based startup that calls itself a crowdfunding portal, says that it has entered into listing agreements with its “first batch of businesses,” none of which were listed in a release issued today. PRESS RELEASE: PeoplesVC today announced it has entered into listing agreements with its first batch of businesses to join […]
Privately held, venture-backed, 16-year-old Paratek Pharmaceuticals, based in Boston, has promoted Dennis Molnar to president, CEO and board director, from his previous position as the company’s VP of corporate development. Molnar succeeds Thomas Bigger following his resignation as Paratek’s CEO earlier this year. The company has also named Evan Loh as chairman of its board. […]
Ontario Venture Capital Fund (OVCF) has committed $70 million to three Ontario-focused VC funds: Lumira Capital II, Celtic House Venture Partners IV and Rho Canada Ventures II. PRESS RELEASE: Ontario Venture Capital Fund (OVCF) today announced it has recently made commitments totalling $70 million to three leading Ontario-focused venture capital funds: Lumira Capital II, Celtic House […]
Kleiner Perkins reputation was altered the moment that partner Ellen Pao's lawsuit against the firm was discovered. And things may get a lot worse from here, say seasoned employment attorneys.
The accounting and consulting firms J.H. Cohn, based in San Diego, and Reznick Group, based in Baltimore, are combining into a firm with more than 2,000 employees, 25 offices, and combined revenues of more than $450 million. Pending final approvals, the merger is anticipated to take effect in September. Financial terms of the arrangement were not […]
London-based Smithfield Case, an online, personalized clothing service for men, has raised a £650,000 seed investment from Edipresse, a publicly traded media and online content company, and the founders of Privalia, a private sales club. PRESS RELEASE: Today, Smithfield Case (www.smithfieldcase.com), the UK’s first online personalised clothing service for men, announces the close of a […]