Lawrence Aragon
State treasurer says venture capital has been Connecticut's strongest performer
Connecticut’s state pension plan, the Connecticut Retirement Plans and Trust Funds, is looking to diversify its portfolio by backing asset managers that tend to fly under the radars of most large institutional investors, including Connecticut-based firms, women and minority-owned firms, and emerging managers with less than $2 billion in assets. The state plans to back […]
VCs have always frequented conferences. Now they’re getting into the conference business themselves. Sequoia Capital is teaming up with TechCrunch to do a conference (Jason Calacanis is spearheading it). Now comes word from Matt Marshall that David Hornik of August Capital (pictured on the cover of VCJ) is organizing a nonconference – conference in Hawaii […]
Sunnyvale, Calif. • 408-716-4600 www.accuray.com Exchange and Ticker: Nasdaq: ARAY Filing Range: 7.33M shares @ $14.00 to $16.00 Offering Price: $18.00 Close on First Day: $28.47 Offering Size: $288M Shares Outstanding: 52,212,444 Underwriters: JP Morgan/ UBS Investment Bank Co-manager: Jefferies & Co. Inc. Company Counsel: Latham & Watkins Manager Counsel: Wilson Sonsini Goodrich & Rosati […]
Cambridge, Mass. • 617-492-5554 • www.molecularinsight.com Exchange and Ticker: Nasdaq: MIPI Filing Range: 5M shares @ $14.00 to $16.00 Offering Price: $14.00 Close on First Day: $14.09 Offering Size: $70M Shares Outstanding: 24,639,622 Underwriters: RBC Capital Markets/ Jefferies & Co. Inc. Co-managers: AG Edwards & Sons Inc./ Oppenheimer & Co. Inc. Company Counsel: Foley & […]
San Diego, Calif. • 858-909-0736 • www.optimerpharma.com Exchange and Ticker: Nasdaq: OPTR Filing Range: 5.25M shares @ $12.00 to $14.00 Offering Price: $7.00 Close on First Day: $8.50 Offering Size: $49M Shares Outstanding: 21,747,659 Underwriters: Piper Jaffray Cos./ Jefferies & Co. Inc. Co-managers: JMP Securities LLC/ Rodman & Renshaw Inc. Company Counsel: Wilson Sonsini Goodrich […]
Waltham, Mass. • 781-464-7300 • www.salary.com Exchange and Ticker: Nasdaq: SLRY Filing Range: 4.2M shares @ $8.00 to $10.00 Offering Price: $10.50 Close on First Day: $12.50 Offering Size: $59.90M Shares Outstanding: 15,014,577 Underwriter: Thomas Weisel Partners LLC Co-managers: William Blair & Co./ Needham & Co. Inc./ Wachovia Securities Inc./ Pacific Crest Securities Inc. Company […]
Lexington, Mass. • 781-274-8200 • www.syntapharma.com Exchange and Ticker: Nasdaq: SNTA Filing Range: 6M shares @ $14.00 to $16.00 Offering Price: $10.00 Close on First Day: $9.09 Offering Size: $50M Shares Outstanding: 33,817,434 Underwriters: Bear Stearns & Co. Inc./ Lehman Brothers Co-managers: Lazard Capital Markets/ Montgomery & Co. Company Counsel: Mintz Levin Cohn Ferris Glovsky […]
Sometimes VCs get things backwards. The Internet is a perfect example. They poured more than $100 billion into the space before enough “infrastructure” was in place to make the Web truly useful to consumers. Now that there is significant broadband penetration and an eager audience of sophisticated users, venture capitalists […]
Will Bill Joy be a successful venture capitalist? How about any of the other technology celebrities who have joined the venture industry? (See this month’s cover story.) Your guess is as good as mine. But one thing I am certain about is that it makes perfect sense for venture firms to bring in “outsiders.” Firms […]