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Lawrence Aragon

Silicon Valley venture capitalists are feeling more confident about their industry, according to the latest Silicon Valley Venture Capitalist Confidence Index. We’re wondering if the rest of the country is as bullish as Silicon Valley.
Venture capitalists got off to a slow start, but they will be more active this year than they were last year, according to a poll of peHUB readers.
Tumblr President John Maloney announced today that he is no longer run the day-to-day operations of the company, which has raised more than $125 million in VC from from Greylock Partners, Insight Venture Partners, Menlo Ventures, Sequoia Capital, Spark Capital and Union Square Ventures.
Do you expect the pace of deal making to be slow all year or do you think 2012 total will outpace 2011? Early results show that half of peHUB's readers think deal making will remain slow, while the other half thinks it will pick up.
Despite poor VC fundraising numbers in Q1, most peHUB readers expect this year to be on par or even better than it was last year.
To make it easier for peHUB readers to participate in our weekly poll, we have embedded it on our homepage – right under the advertisement on the upper right side. This week's poll is about VC fundraising. Please weigh in!
Foundation Capital has set out to raise $400 million for its seventh fund, considerably less than the $750 million it raised in 2008 for its sixth fund. The new fund also won't include two GPs from fund VI: Rich Redelfs and Mike Schuh.
"High-quality [VC] firms will find it easy to raise funds but lesser-quality funds will struggle mightily,” says Brian Rodde of Makena Capital Management, which manages and invests capital for endowments, foundations and family offices.
Venture capitalist Kate Mitchell has scored a coveted invitation to President Obama's signing of the JOBS Act, tentatively scheduled for this Thursday. Mitchell is co-founder of Scale Venture Partners and was chairman of the 17-member IPO Task Force that drafted the recommendations that went into the JOBS Act.
The €150 million ($198 million) life sciences fund counts as anchor LPs GlaxoSmithKline and the venture capital affiliate of the Janssen pharmaceutical companies of Johnson & Johnson.
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