Connie Loizos
A whole lot of money is still missing from the futures trading business MF Global, and investors are likely to pursue the firm’s underwriters and auditors for some remuneration, says former SEC attorney Mark Fickes, now a San Francisco-based partner at BraunHagey & Borden. While one lawsuit has already been filed against MF Global in […]
Avaxia Biologics, a Lexington, Mass-based biotech company that’s developing oral antibody drugs, has raised $2.2 million in its “first close” of a Series A round. Cherrystone Angels of Providence, R.I., led the round. Other participants include Boston Harbor Angels and other individual investors. PRESS RELEASE: Lexington, MA (November 10, 2011) – Avaxia Biologics, Inc., a […]
In June, Foursquare raised $50 million at $600 million valuation, largely because it promises to increase businesses’ foot traffic by incentivizing visitors with rewards. But it’s not a business that enterpreneur Cyriac Roeding would want to be running right now. “People aren’t using social services to go shopping,” he says, matter-of-factly. “Foursquare is still about […]
As industry watchers are well aware, the daily deals giant Groupon had a hugely successful IPO on Friday, with its shares closing at 30 percent above their $20 asking price. But where the stock will head from here is anyone’s guess, says John Fitzgibbon, founder of IPOScoop.com, an Edison, N.J.-based research firm. Hot shares typically […]
Surprise, surprise. The third quarter Silicon Valley Venture Capitalist Confidence Index has just been released by Mark Cannice, professor of entrepreneurship at the University of San Francisco, and his findings show Bay Area VCs may be losing momentum on the confidence front. According to a survey of 33 investing pros, Cannice found their confidence — […]
Groupon is a lot things: ambitious, audacious. Tomorrow, it will be a public company, too. But investors should be very wary about assuming Groupon is the next Amazon. Despite the many times the analogy has been drawn, including by Groupon’s management and investment bankers, nothing could be further from the truth. A Bloomberg article published […]
Shareholder Representative Services manages the final steps of M&A transactions for dozens of clients, including Kleiner Perkins, Sequoia Capital, and Oak Investment Partners. It doesn’t squander an opportunity to use its perch to draw conclusions about the industry, either. Last April, for example, SRS looked at 128 M&A deals that it has managed to their […]
Last week, brand-naming expert David Placek – who has come up with Blackberry, Powerbook, and Scion, among other powerful brands – told peHUB readers that the key to a good brand is its ability to capture the right sounds, the right story, and the right associations, often in a single word. You know when a […]
In the brand-naming world, Sausalito, Calif.-based Lexicon has become legendary for its work over the last 30 years, and no wonder. It named the Pentium chip for Intel, the PowerBook for Apple, the Swiffer for Procter & Gamble, and Dasani for Coca Cola. As a recent New Yorker piece about the firm observed, Lexicon also […]
In one of the more surprising revelations to come out of Walter Isaacson’s new, best-selling biography of Steve Jobs, Jobs apparently told President Obama last year that he was “headed for a one-term presidency” if he didn’t adopt more business-friendly policies that would make the U.S. more competitive with China. As news organizations glommed on […]