Mark Boslet
The University of California Board of Regents for eight years has not received or publicly disclosed individual fund performance data for the 20 Sequoia Capital and Kleiner Perkins Caufield & Byers funds it holds, though it regularly publishes the data for the rest of the more than 60 funds in its venture portfolio, according to […]
The headlines following this month’s third quarter MoneyTree Report on venture investing pointed to a quarterly pullback amid a volatile financial environment. But closer inspection shows a more stable investment landscape than might be expected. True, the high level numbers look abrupt: a 12% drop in money allocated and a 14% decline in deals. But […]
When it comes to mobile investing, think picks and shovels, not the next Angry Birds. That’s the advice several seasoned venture capitalists offered a roomful of applications developers Thursday afternoon. Angry Birds-like successes are rare. Tools makers can supply building blocks to all comers. But rather than guide a ton of cash into the space, […]
Intel Capital is maintaining a strong investment pace this year with fundings of as much as $500 million possible by year’s end, a spokesperson said. Investments are presently at $419 million and the pipeline of deals could bring the year’s total to the half a billion dollar mark, the organization told peHUB. Intel Capital is […]
Groupon and Zynga are lining up to go public. But the sleeper offering of this year (or perhaps early next) might well be Jive Software. The developer of social software for business issued a revised S-1 this week, and it seems backers Sequoia Capital and Kleiner Perkins Caufield & Byers agree. Both firms exercised Series […]
Here is the what-if you’ve all been waiting for. Venture returns improved through the first half of the year on the wings of a better exit environment, especially for IPOs, a new report finds. If only the improvement in the exit markets had continued. Venture returns across all time periods — except the 15-year period […]
Venture capitalists in general wrote fewer checks in the third quarter, but investment enthusiasm varied widely from region to region. New York, Texas and the Pacific Northwest logged strong performances, despite an overall 12% decline in dollars going to startups nationwide, according to a peHUB analysis of MoneyTree Report data. New England, the Midwest, the […]
Union Square Ventures has closed on more than half of a new, $200 million early stage fund, raising $116.5 million of fresh capital, according to a filing with the Securities and Exchange Commission.
Rumors of the close began to spread last week, with two sources close to the company confirming the commitments. The SEC filing says another $83.5 million of the firm’s third early stage fund remains to be spoken for, though one source said it too has been sold. Sources say Union Square drew its capital from existing LPs with few if any new investors invited.
The apparent ease of the fundraising isn't surprising given the success of Union Square's first two early stage funds. Those funds invested in a number of notable Internet companies, including Twitter ...
Raising a venture capital fund is no easy task, but funds continue to be formed under difficult conditions. So clearly money is available and LPs are willing to commit it. The question is how to find the cash and approach who has it? Here are several comments from today’s Venture Capital Journal’s Venture Alpha conference […]
TriplePoint Capital on Wednesday announced that it closed a $1 billion venture debt fund in one of the largest financings in the 25-year-old industry. The six year old firm said the new money will allow it to expand its debt and equity offerings as well as broaden its geographical presence. The Sand Hill Road firm […]