Mark Boslet
I wish I had something powerful and interesting to say about the Microsoft VC Summit 2010. Unfortunately, I don’t. The 11th annual event, held today at the Mountain View, Calif.-based campus of the computer company, is invitation-only this year. And it excludes journalists. In case you weren’t there this afternoon, on stage were Bob Muglia […]
Computer Sciences Corp. may not start dispensing cash like a venture fund. However, the IT services giant is studying the idea and is eager to strike up relationships with venture-backed startups, including joint marketing deals that have the possibility of revenue sharing. Computer Sciences, which reported $16 billion in fiscal 2010 revenue, is charting a […]
The two sides of European venture capital are on display this week in London and across the turbulent North Sea in Denmark. The launch of Betfair Group Ltd.’s IPO on the London Stock Exchange could bring a jackpot of riches to investor Index Ventures. The newly minted shares of the online betting site rose 19% […]
Catalina Ventures LLC is leaning toward raising a $100 million technology and life sciences fund to focus on early and late stage deals in Southern California. Managing Director Randall Lunn, who co-founded Palomar Ventures, told peHUB today that he has been in early discussions with institutional LPs and calls the start of formal fund-raising efforts imminent. […]
Big companies such as Cisco Systems and Lockheed Martin consider cybersecurity to be top strategic sales priorities. So will venture-backed startups benefit as these corporations look for new products and technologies? Allegis Capital founder Robert Ackerman believes the answer is yes. Ackerman (pictured here) points to at least 10 venture-back companies that have been acquired […]
Bridgescale Partners is adding a fifth partner. The firm is announcing today that Canadian Derek Smyth is joining the as a managing director, yet another indication that the growth stage investor is making a push in Canada. Smyth (pictured) previously served as a partner at EdgeStone Capital Partners and serves on the boards of RedMere […]
Rumors have been circulating for months that social game maker Zynga Game Network Inc. would file for an IPO. So far nothing. No S-1. And no hard evidence of one on the way. But here is sort of a hint of an IPO to come, though it is admittedly a little indefinite. Zynga board member […]
The common wisdom is that capital is scarce in the Midwest venture scene, but not in the view of Daniel Fleming. Fleming, managing director of River Cities Capital Funds, thinks there may be too much. In any event, money seems plentiful, he says, at least from the venture capitalist perspective of capital efficiency. If the […]
Listen to Goodwin Procter Partner Jonathan Axelrad tell it and it is easy to draw the conclusion that venture capitalists will regain early stage ground from angel investors. Axelrad, a 20-year vet of working in the venture capital industry, says traditional VCs appear to be scrambling harder now for early and seed stage deals than […]
A lot of venture capitalists are concerned about how their industry is shrinking, but Michael Moritz isn’t one of them. A partner at Sequoia Capital, Moritz was one of several VCs at yesterday’s DLA Piper Global Technology Leaders Summit who claimed the industry might be better off contracting. “I don’t think Silicon Valley needs all […]