Mark Boslet
Several reports out of India suggest a shakeup at Sequoia Capital India, where four managing directors have left to run their own fund. K P Balaraj, Sumir Chadha, Sandeep Singhal and S K Jain hope to close a public companies fund by the end of the year and are to exit gradually from their roles […]
Once bitten, twice shy. You would think this might be the moral of the private equity industry’s last flirtation with the auto industry. Apparently not. Private equity’s appetite for auto deals appears to be on the rise again with firms looking hard at properties and shopping around portfolio companies. Obviously they hope not to suffer […]
If you counted the number of times William Draper III used the word “cooperation” at a public event last week…well, you might not think you were in Silicon Valley. But there you were – right at the heart of it – at the Rosewood Hotel on Sand Hill Road, next to where venture firms syndicate […]
Popular Internet radio streaming service Pandora Media Inc. filed Friday for a $100 million IPO that should bring profits to investors Crosslink Capital, Walden Venture Capital and Greylock Partners. The money-losing company has 80 million listeners, a 50% share of the Internet-radio-listening audience at the nation’s top 20 stations, and revenue of $55.2 million for […]
We all know startup activity is racing along in China. But why isn’t moving as fast in India? What is the case for putting money to work there? Some say the ecosystem isn’t as well developed. But if you were at Silicon Dragon’s “China, India and the Next Frontier for Startups, Ventures & Fortunes” forum […]
Early stage health care investor Arboretum Ventures has raised $70.2 million toward a new $125 million fund, representing a significant expansion of the firm. The partnership, based in Ann Arbor, Mich., released the news in a filing with the Securities and Exchange Commission on Wednesday. The 8-year-old firm is now investing its second fund and […]
The early stage/seed game is changing, and Silicon Valley’s venture firms need to start playing by the new rules. New-generation incubators are taking root, and the valley’s traditional firms aren’t participating, despite the relatively small amount of investment. First it was Y Combinator. Yuri Milner and Ron Conway’s SV Angel last month decided to give […]
The Department of Energy plans another big year of guaranteeing loans for renewable energy projects. In the past 14 months, the DOE’s largest loan guarantee program (called Section 1705) awarded almost $26 billion to 23 renewable energy projects being run by companies such as BrightSource Energy and Abound Solar. The program has the financial assets […]
LED lighting chipmaker Bridgelux has raised another $20.7 million, according to a filing with the Securities and Exchange Commission. The California company has now raised a total of $155 million from venture backers, including a $60 million round last March, according to Thomson Reuters, publisher of this blog. Tuesday’s filing does not state what the […]
When Huffington Post co-founder Kenneth Lerer and his son, Ben, began investing their $8.5 million seed fund early last year in New York, Eric Hippeau was listed as an advisor. So it is no great leap that in the wake of the $315 million AOL-Huffington Post merger that Hippeau (pictured) will now join Lerer Ventures […]