Connie Loizos
Maybe you weren’t fighting for your life on the grounds of a Wal-Mart last Friday. But neither did you whip out your mobile phone and shop like there was no tomorrow. According to data assembled today by ThreatMetrix, just 3 percent of Black Friday sales were transacted through mobile phones. As interestingly, the bulk of […]
Daniel Kahneman is widely considered the world’s most distinguished living psychologist, one whose work, with longtime collaborator Amos Tversky, established the field of heuristics — or the shortcuts we use to problem solve. Though Tversky passed away in 1996, Kahneman went on to receive the Nobel Prize in Economics in 2002, and his new book, […]
For some folks at Groupon, Angie’s List, and LinkedIn, it may too late. The same may be true of Zynga employees, and those at Yelp. Too late for what? To fully capitalize on their company’s very successful IPO – or its impending offering. At least, that’s the pitch of wealth management experts at Harris MyCFO, […]
Asahi Kasei Pharma Corp., a Tokyo-based biopharmaceutical company, has acquired Artisan Pharma for an undisclosed amount. Artisan will become a wholly owned subsidiary; as part of the acquisition, Artisan, based in Waltham, Mass., has changed its name to Asahi Kasei Pharma American Corp. Artisan has raised roughly $70 million since its 2006 founding, including Jafco […]
If Zynga goes public at what is expected to be a $20 billion valuation, the company will make many people very rich, including a healthy percentage of its roughly 3,000 employees and its earliest venture investors. The IPO will also turn Zynga founder and CEO Mark Pincus, who owns about 18% of the company, into a […]
Betaworks, the New York-based company, has focused on making, buying, and otherwise nurturing real-time technologies since its outset in 2007. Turns out its strategy is going so well, the company may eventually go public. The offering would be a hot one. In addition to in-house creations that include the analytics services Bit.ly, Chartbeat, and SocialFlow, […]
NXT Capital, a Chicago-based investment firm focused on middle-marketing and emerging growth companies, has hired Anurag Chandra as a managing director, focused on opportunities in the tech sector. Chandra was most recently a managing partner at Gresham Partners in Atherton, Calif. PRESS RELEASE: NXT Capital (www.nxtcapital.com) today announced that Anurag Chandra has joined NXT Capital […]
In the spring of 2009, when K9 Ventures sprung into existence, it was near the front of a wave of so-called micro VC firms that have washed over Silicon Valley since. Depending on how you look at things, you might conclude that many of them are destined to recede with the tide, too. Not K9. […]
Mircea Pașoi isn’t exactly a hard luck case. The 24-year-old is the cofounder of Summify, a startup that summarizes the top news stories of the day for its users by scouring their social networks for clues. The two-year-old company has received seed funding of less than a million dollars from a number of tech elites, […]
Austin-based KLD Energy Technologies has completed a $10 million convertible debt offering that brings total funding since its 2008 founding to $26 million. The company, which did not disclose its funding source, has developed an electric motor system that will be used first in scooters and motorcycles. PRESS RELEASE: KLD Energy Technologies has successfully completed […]