Lawrence Aragon
Angie’s List has moved ahead with its plans to go public, but it appears to have dramatically scaled back on its ambitions. The consumer-review website filed an S-1 with the SEC today stating that it plans to raise $75 million, less than it had anticipated. Reuters reported in June that Angie’s List had hired a […]
The roiling stock markets have all but closed the IPO window, but tech M&A activity should continue to be strong through the rest of the year. So says Rob Fisher, leader of PricewaterhouseCooper’s technology M&A group in San Jose, Calif. Fisher has worked in tech M&A for 14 years, so he’s seen his shares of […]
Thrive Capital Partners, an early stage venture firm run by 26-year-old Internet entrepreneur Joshua Kushner, has raised a second fund totaling $40 million, according to a regulatory filing.
Kushner is the co-founder of Vostu, which is reportedly the largest online gaming company in Brazil. Founded in 2007, Vostu has raised a total of $45 million in venture capital from Accel Partners, General Catalyst Partners, Intel Capital and Tiger Global Management, according to Thomson Reuters (publisher of peHUB). Vostu’s board includes Accel’s Jim Breyer, who also sits on the board of Facebook.
Thrive Capital will reportedly invest in tech startups in the New York...
Turmoil at the world’s largest mobile provider and one of its partner companies appears to have benefited GSR Ventures, a China-focused venture capital firm. GSR, which last month closed on a $350 million China fund, will announce on Thursday that Yinan Li has joined the firm as a venture partner focused on wireless and Internet […]
The people have spoken. After (make that “if”) Google completes its $12.5 billion acquisition of Motorola Mobility Solutions, the combined company shall be known as Googorola.
So say the 103 people who took our poll. (See chart below.)
Googorola garnered the most votes, with 34% of the total, followed by my personal favorite, Moogle, with 29%, GoogleMoto (18.4%) and Motoroogle (11%). The least popular names were Motoogle (4%), Google-ola (3%) and Goorola (1%).
We also received 32 write-in names, the most popular of which was Google, which was suggested by a dozen people who clearly didn’t get the joke.
My favorite write-in suggestions were ...
It is looking more and more likely that U.S.-based funds-of-funds will raise far less than they did last year, which itself was down from 2009. For all of 2010, 59 funds-of-funds raised $14.11 billion, down from 62 FoFs that raised $24.1 billion in 2009, according to Thomson Reuters. So far this year, 52 FoFs have […]
Google's proposed acquisition of Motorola Mobility Solutions is all anyone can seem to talk about today, judging by the stories being shared on our tweet trending service.
So what do we call this new entity -- assuming Uncle Sam allows the deal to go through? A number of pubs are already calling it Googorola. (TechCrunch may have been the first to use that name.) Our own Mark Boslet thinks Moogle is a better name. That would be apropos if you think the combined company won't have any magical abilities, like the "muggles" in the Harry Potter books.
Take our quick poll and let us know what you think.
Create your free online surveys with SurveyMonkey, the world's leading questionnaire tool.
I guess it’s true that venture capitalists tend to be more optimistic than the general population. During a week that saw key market indices go up and down as sharply as the teeth on a rip-saw blade, most peHUB readers believe the IPO window is only temporarily closed. Thirty-three percent of those who took our […]
I’m sure I’ll catch hell for saying this, but maybe the market correction isn’t such a bad thing for slowing down the pace of VC-backed IPOs. I certainly want to see VC-backed companies go public, since it gives those companies the cash they need to grow and ultimately produces returns for LPs in VC funds. […]
It turned out Tuesday was just a brief respite. On Wednesday Today we were back in the the business of a market sell-off. Besides the public companies that got a haircut, the tumultuous market also dashed the hopes of six of the 12 companies on the docket to go public this week. Then, Thursday, the market surged back, with the Dow up nearly 4 percent.
On Tuesday, three companies postponed their offerings, including 3-D motion-sensing company InvenSense Inc, a VC-backed company that hoped to raise $99.8 million.
On Wednesday, another three companies postponed, including two VC-backed startups: employee benefit program provider WageWorks, which held off on a $49 million IPO, and medical services provider WhiteGlove, which tabled