Connie Loizos

The Path saga has already dragged on longer than we’d all like. Yet some good may come from the missteps of the company.

In the case of venture capital returns, the last year really has made a pretty big difference. How big? We wouldn't say new data out of Cambridge is cause for a champagne celebration, but the numbers are certainly less humiliating.

Horizon Ventures, based in Los Altos, Calif., has announced that an ownership stake in its Horizon Ventures Fund II previously owned by the U.S. Small Business Administration has sold to secondary investors Industry Ventures and Ant Capital. Industry Ventures is a new LP for Horizon Ventures; Ant Capital is an existing LP. PRESS RELEASE: Horizon […]

It’s hard to imagine a lousier week for the social network Path. But the worst may be yet to come.

Expect Facebook to "supersize" its acquisition strategy after it goes public.

Data storage company Pivot3 has announced a new, $23 million round of funding to fund its expansion and development. The round was led by Samsung Ventures, and included participation from all existing Pivot3 investors: Focus Ventures, InterWest Partners, Lightspeed Venture Partners, Mesirow Financial, Northleaf Capital Partners and Silver Creek Ventures. Nine-year-old Pivot3, based in Austin, […]

Wealth manager Richard Watts' simple advice to the rich: Live like you don’t have the money. It will ruin your family if you don’t.

Here are some must-have items for every hard-working young billionaire.

(CORRECTION: In the minutes after Facebook filed its S-1, I posted a version of this story incorrectly reporting that Facebook had chosen Nasdaq to list its shares.) When Facebook filed to go public with the SEC earlier today, there were a lot of things it didn’t need to include, such as where the offering will take place. […]

BTI Systems, a Canadian network infrastructure company, has raised $23 million in growth equity funding, led by Bain Capital Ventures. The global company, whose customers include cable companies, said its revenue in North America grew 60 percent last year and in Europe, it grew 70 percent. PRESS RELEASE: OTTAWA, ONTARIO AND BOSTON, MASSACHUSETTS, Jan 31, 2012 […]