Dan Primack

We’ve been hearing a lot about “seller expectations” lately, particularly as an excuse for why deal activity has been so slow. The poster child for that is Yahoo, but there are hundreds (if not thousands) of potential M&A targets that won’t sell unless the payout approaches what they would have gotten during the bull market […]

Sometimes it doesn’t pay to be a venture capitalist. Well, at least not a crooked one. Moses Joseph, onetime manager of the $15 million Anila Fund and subsequent Anila.org technology incubator, was convicted last week of 22 felony counts, including securities fraud, forgery, theft and evidence fabrication. In short, a Santa Clara County jury found […]

The California State Teachers’ Retirement System (CalSTRS) has released the agenda for its Sept. 4 board meeting, and included a 50-page performance report on its private equity investments. The report showed a marked drop in short-term performance from a similarly-timed report in 2007, and that the portfolio’s returns are right around the State Street industry […]

I thought most of you were going to agree with my take on the Insight Venture Partners/Photobucket situation. And perhaps the silent majority did, but the vocal minority did not. This even included my colleague David Toll, who wrote: “IVP should have notified LPs about the investment… That way, LPs could have then raised any […]

The Active Network, a San Diego-based online community and application technology provider for the active lifestyle/sports market, has quietly raised $80 million in Series F funding. This brings the company’s total VC capitalization to over $275 million since 1999, which is amazing considering that most of its 11 acquisitions are for relatively short money. Active […]

Pete Lattman has a piece in today’s WSJ about how individuals at Insight Venture Partners made a fortune off last year’s $300 million sale of Photobucket to News Corp., while the firm’s limited partners made nothing. I love a good VC scandal, but there is much less here than meets the eye. The facts are […]

Vanu Inc., a Cambridge, Mass.-based maker of software radios and base stations for cellular operators, has quietly raised $32 million in new venture capital funding, peHUB has learned. Norwest Venture Partners and Tata Capital (India) were joined on the deal by return backer Charles River Ventures, which had led a $9 million Series A round […]

What happened to the European VC market last quarter? New data from Dow Jones indicates that just 167 deals were completed in Q2, which is the lowest quarterly tally in the nine years that DJ has tracked such things. Moreover, the €858 million disbursed is off 35% from the same period in 2006. For context, […]

Microsoft has made a strategic investment in streaming video company Move Networks, peHUB has learned. An official announcement is expected within the next 24 hours. The news isn’t terribly surprising, given that Move announced earlier this year that it would begin developing its technology within Microsoft Silverlight, the software giant’s Web 3.0 plug-in for next-generation […]