Briac

* Andy Grove: Silicon Valley lessons for Detroit. * A 15 year-old investment bank intern has written the year's hottest media industry research note. He and his friends don't read newspapers. And they don't use Twitter (which reminds me of a recent VC tweet, about how his young son described Twitter as "IM for old people"). * Tammy Erickson with 10 reasons why Gen-Xers are unhappy at work: "I'm worried about Generation X and corporations. As far as I can tell, these two have a tentative relationship at best—and are likely headed for some rocky times ahead." * Morning Call: U.S. futures signal losses, London opens flat, European shares keep falling, the Nikkei hits an 8-week low and Hong Kong hits 7-week mark. * The FT has lunch with Larry Summers. * Is anyone willing to call an M&A market bottom? * The trial of Refco lawyer Joseph Collins is over, but not before one juror threatened to cut off another juror's finger.

* Robert Reich: The economic recovery will never begin. * Dan Gross states the obvious: It's too soon to pass judgment on the stimulus, one way or the other. * Cerberus chief Stephen Feinberg, in a letter to investors: "It kills us that we have lost money and been part of the problem for you." * Morning Call: GM expected to announce exit from bankruptcy at 9am press conference, U.S. futures point lower, FTSE keeps dropping, Europe up then down, the Nikkei closes out its worst week since January and China and HK shares drift downward. * Paul Kedrosky: Farming is the next big thing... * ... Or maybe it's M&A bankers (back from the dead?) * How can anyone take Google's Android phone seriously, when Eric Schmidt is still carrying a BlackBerry?

What follows are ten VC deals culled from recent Regulation D filings with the SEC. They have not been otherwise disclosed: * Qik, a San Mateo, Calif.-based mobile video broadcasting service, has raised around $5.5 million in new VC funding (including $1.8m as a note conversion). Quest Venture Partners was the only listed investor. The company previously raised two rounds of funding from Marc Andreessen, Ben Horowitz, Marc Benioff (Salesforce), Arjun Gupta (Telesoft Partners) and George Garrick (Jingle Networks). www.qik.com

* Treasury Dep't names nine PPIP managers, although it says more than 100 firms applied. So much for wanting highly-competitive bidding. Wonder how many pure private equity names were among the denied, since there really aren't any among the chosen (Oaktree and Investco/WL Ross are as close as it gets). Theo Francis has some related thoughts. * Ryan Lizza goes in-depth on Sheila Bair. * Mark Suster: Is VC too fat and happy? * Morning Call: U.S. futures point upward, London rises early, European shares extend gains, the Nikkei hits 7-week closing low and HK and China shares finish up. * Jenny Sanford was on her way to becoming an I-banking powerhouse, until she met straying hubby Mark.

* Steven Pearlstein: The myth of small business creation, and what it means for healthcare reform. * It's 1994. Should you put all your money in cash or stocks? * Brandon Watson on if the VC model is dead: "The trouble isn’t so much that associates don’t know what actually constitutes a good business, it’s that they believe that they are uniquely qualified to make that determination... If the associate doesn’t like you, you don’t get through them as a gate keeper." * Morning Call: U.S. futures point to mixed open, London flattens, European shares keep falling, the Nikkei falls 2.4% and Chinese shares edge down. * Michael Lewis on the (AIG) man who crashed the world. * VC valuations: What went up, has come down. * Not so fast, Ricketts family. Tribune Co. has reached a second deal to sell the Cubs. * New study finds that PE-owned firms are as likely to fail as non PE-owned firms, excluding the burdensome leverage variable.

* This is your brain on venture capital. * Stay clear of single-owner private equity firms. * 13 year-old boy temporarily swaps his iPod for a Sony Walkman: "It took me three days to figure out that there was another side to the tape. " * Morning Call: U.S. futures point lower as oil keeps slipping, London rises early, European shares climb, the Nikkei dips and Chinese shares snap rally. * Deal of (yester) Day: School of Rock raises growth equity. * Banks plan "Harry & Louise" ads to fight new regulation. * Matthew Lynn: Hedge fund industry 2.0 is already taking shape. * Facebook has lost younger users in the past six months, but middle-age/elderly usage is skyrocketing.

* A question VCs should ask before investing: Would you want the company's product if it were free? * Joe Biden: "We misread the economy." * Heidi Moore: Is Wall Street pay really bouncing back, or are the bonuses bogus? * Morning Call: U.S. futures point lower as oil tumbles, London falls early, European shares drop, the Nikkei loses 1.4% and Hong Kong also lowers. * Farmworkers should head to... New York and San Francisco? * The end of "too big to fail?" * Factory explosion causes a nationwide Slim Jim shortage. Hopefully this will begin getting the attention it deserves, once the Michael Jackson memorial is over.

* Bill Gross: “Greed will come again. But for now, the trend is the other way and it promises to persist for a generation at a minimum." * David Callaway: Time to worry. Banks are recommending each other's shares again. * Q2 data dump: 32 pages of M&A and private equity deal data, league tables, etc. * Morning Call: U.S. futures lower ahead of June jobs data, London falls early, European shares drop, the Nikkei closes down 0.6% and Chinese stocks hit 13-month high. * New photos of the Madoffs at play. Could be worse, I guess. At least they're not nude photos of the Madoffs at play. * The EVCA has released a new code of conduct for placement agents. Here you go. * Kip Kirkpatrick's decision to run for Illinois State Treasurer won't trigger a keyman vote at Water Street Healthcare Partners, the private equity shop he co-founded and is now leaving. Apparently the only listed keyman is fellow co-founder Tim Dugan. Kinda odd, but ok. Still doesn't mean all LPs are thrilled that

* Banks have collected just $1 billion in private equity fees over the first half of 2009, according to DealLogic. For comparison, they got that much after just the first five weeks of 2007. * Another PE pro enters politics: Kip Kirkpatrick, co-founder of Water Street Healthcare Partners, is running for Illinois State Treasurer. * Morning Call: U.S. futures point higher, London rises early, European shares climb, the Nikkei dips and Chinese shares lose 0.2%. * Barry Ritholtz: Why does UBS still employ Phil Graham? * Joe Nocera to Madoff victims: Get over it. * Om Malik: What went wrong with Joost, the (heavily) VC-backed online video company that is cutting up to 90% of its workforce.

* The death of PPIP may have been greatly exaggerated. CNBC is reporting that it will be unveiled tomorrow, with participants to include WL Ross and a joint venture between GE Capital and Angelo Gordon. * Jason Mendelson reacts to the Polachi study: Apparently 52.9% of VCs are deluded. * Morning Call: U.S. futures point higher, London opens flat, European shares target best quarterly gain since 1999, the Nikkei closes its best quarter since 1995 and Hong Kong is on holiday. * Q&A with Benchmark Capital's Bill Gurley, including the deals he shouldn't have passed on. * Roger Altman: We'll need to raise taxes soon. * Business has not been good to ex-basketball star Christian Laettner. * Sign of the Apocalypse: Vin Deisel makes his first appearance in this space (and on the same day as Christian Laettner...)