Mark Boslet
PeHUB zeroed in on the years 2006 to 2009 to highlight the 10 funds with the worst IRRs. Six are vintage 2006, three come from vintage 2007.
Dmitry Grishin, co-founder of Russian Internet company Mail.Ru Group launched Grishin Robotics, a fund targeting the personal robotics sector. The fund will be based in New York and initially invest $25 million. It’s mission is to bring personal robotics technologies into every household around the world by investment in emerging companies and fostering a global […]
Elizabeth “Beezer” Clarkson has left Draper Fisher Jurvetson to join SAP Ventures, where she will be responsible for worldwide operations, SAP said.
Bazaarvoice this morning completed its acquisition of rival PowerReviews in a $168.2 million transaction that creates a powerful social commerce company focused on product reviews. One investor to benefit is Menlo Ventures, which says it logged a 3x return on its investment.
Vintage 2007 is a stand-out year for venture funds in CalPERS’ Grove Street Advisors portfolio, according to a peHUB analysis of the California Public Employees’ Retirement System’s most recent fund performance report.
Dell said it launched a $100 million credit fund to assist startups interested in buy Dell products and products through its site. Qualified angel and venture-backed companies can access up to 10 percent of their funded amount, up to $150,000, with accelerated, limited credit terms, the company said in a press release. PRESS RELEASE $100M […]
True Ventures said Wednesday it closed a third fund at $205 million. True Ventures III had a $200 million target, according to a filing with the Securities and Exchange Commission. The firm’s second fund was a $195 million early stage fund with a vintage of 2008, according to data from Thomson Reuters, publisher of this […]
I had the chance to speak with Baris Aksoy, head of Intel Capital in Turkey, the Middle East and North Africa and the lone investor in the Turkish office. He says the combination of a growing entrepreneurial community and a strong economy makes the country attractive.
Polaris Venture Partners anticipates a 10x return on its investment in Ascend Health Corp., according to a news report. Ascend, an operator of nine psychiatric inpatient facilities, said Monday it had agreed to sell itself to Universal Health Services for $500 million. The deal will bring Polaris $115 million when the merger closes in the […]
Sequoia Capital generated positive investment returns for its 1999 and 2000 funds, defying a period of financial turmoil that doomed most dot-com era venture funds, peHUB has learned.