Sandeep Khare
In this week's Social Scene, Charlie Baker of General Catalyst Partners gets his jitterbug on, TechCrunch founder Michael Arrington is nearly a year older, Nihal Mehta of Eniac Ventures goes in search of tiger blood (see @charliesheen), and peHUB gets ready to Shindig!
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Want to catch up on what your colleagues found most interesting on peHUB this week? Here are our posts with the most pageviews from Feb. 28 to March 4.
1. How We Waste Time on Email – by Joanna Glasner, posted on Feb. 28.
2. Tweetfight: A Battle Over Boston Breaks Out - by by Connie Loizos, posted on Feb. 28.
3. Greylock Is More Proof of an Internet Bubble – by Mark Boslet, posted on March 1.
4. Bain Capital Ventures To Open Palo Alto Office This Summer - by Luisa Beltran, posted on March 2.
5. Highland, Charles River, Others Back New Incubator In Bold Move To Stay Relevant – by Mark Boslet, posted on Feb. 28.
6. SAC Capital’s PE Unit Spinning Out Into New Firm – by Luisa Beltran, posted on Feb. 28.
7. Tales from the Echo Chamber - by Connie Loizos, posted on March 3.
8. Personal Trading of Shares by VCs on Secondary Exchanges Raises Concerns of Conflicts of Interest – by Jonathan Marino, March 1.
9. Two Years After Splitting From Lehman, Trilantic To Begin Fundraising Later in 2011– by Luisa Beltran, posted on Feb. 28.
10. Debt Men Tell No Lies: Largest LBOs Remain on Shaky Ground – by David Toll, posted on March 3.
Want to catch up on what your colleagues found most interesting on peHUB over the past five days? Here are the posts from peHUB staffers with the most pageviews from Feb. 14 to Feb 18.
1. It’s Not a Bubble, People; It’s a Pyramid Scheme – by Connie Loizos, posted on Feb. 17.
2. Sequoia Capital India in Turmoil – by Mark Boslet, posted on Feb. 14.
3. Private Equity Steers Back to Auto Industry – by Mark Boslet, posted on Feb. 14.
4. Joncarlo Mark Resigns From CalPERs - by Gregory Roth, posted on Feb. 15.
5. Here We Go Again: Obama Proposes Hiking Carried Interest Tax – by Bernard Vaughan, posted on Feb. 14.
6. Razorfish and McCann Execs on What Brands Are Generally Doing Right, and Wrong, With Social Media – by Connie Loizos, posted on Feb. 14.
7. Carlyle Taps Friedman As Its Next CFO – by Luisa Beltran, posted on Feb. 14.
8. Another Unprofitable (But Growing!) Web Company Files Its S-1: Active Network – by Connie Loizos, posted on Feb. 15.
9. Judge Delays Del Monte Sale, Chastises Barclays – by Luisa Beltran, posted on Feb. 15.
10. Poll: Is Mark Cuban Right About Internet Pyramid Scheme? – by Lawrence Aragon, posted on Feb. 17.
Want to catch up on what your colleagues found most interesting on peHUB over the past seven days? Here are our posts with the most pageviews from Feb. 4 to Feb 11.
Oh, and forgive us if we pat our own Alastair Goldfisher on the back for predicting Pandora's IPO filing a week before the company filed. See post No. 4.
1. Tony Conrad: If You Sell Your Startup, Don’t Be a Punk About it Afterward – by Connie Loizos, posted on Feb. 4.
2. Why Is Patricof Smiling? Greycroft Sees 6x Return on HuffPo Sale – by Lawrence Aragon, posted on Feb. 7.
3. Pop Quiz: Which Firms Have Two Funds Among The Top-10 Worst? – by Bernard Vaughan, posted on Feb. 10.
4. After Maxing Out A Dozen Credit Cards, Is Pandora Headed For An IPO? - by Alastair Goldfisher, posted on Feb. 4.
5. No Respect for “Most Respected VCs” List – by Lawrence Aragon, posted on Feb. 3
6. Universities Regain Mojo; PE Allocations Rise – by Gregory Roth, posted on Feb. 4.
7. The House that Sean Parker's Facebook Money Just Bought - by Connie Loizos, posted on Jan. 31
8. GTCR’s 10th Fund Coming in at $3.5B – by Luisa Beltran, posted on Feb.4
9. With Ex-Conexant CEO On Staff, Golden Gate Makes Play For, Well, Conexant – by Luisa Beltran, posted on Feb. 8.
10. David Stockman Rails Against “Grotesque,” “Incompetent,” “Rogue” Lawyers – by Bernard Vaughan, posted on Feb. 3
The Twitterverse was humming on Wednesday with a report from Kara Swisher that venture firm Andreessen Horowitz had bought $80 million worth of privately held Twitter’s stock on the secondary market. (No valuation was disclosed.)
Then came a report in the Wall Street Journal that Twitter was in “low level” acquisition talks with Facebook and Google. Sourcing “people familiar with the matter,” the Journal reported that Twitter believes it is valued “in the neighborhood of $8 billion to $10 billion.” That is substantially more than the $3.7 billion valuation it commanded less than three months ago, when it raised $200 million from Kleiner Perkins Caufield & Byers and existing investors.
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Want to catch up on what your colleagues found most interesting on peHUB over the past seven days? Here are our posts with the most pageviews from Jan. 28 to Feb. 4:
1. The House That Sean Parker’s Facebook Money Just Bought – by Connie Loizos, posted on Jan. 31.
2. Insight Venture Partners Raises One *Billion* Dollars – by Connie Loizos, posted on Jan 31.
3. Private Equity at Davos: What They’re Saying – by Gregory Roth, posted on Jan. 31.
4. No Respect for “Most Respected VCs” List – by Lawrence Aragon, posted on Feb. 3.
5. Jefferies Ousts Asset Management Bankers – by Luisa Beltran, posted on Feb. 1
6. Why Is Accel Ramping Its Cleantech Effort, While Others Seem To Pull Back? – by Mark Boslet, posted on Jan. 28.
7. Tony Conrad: If You Sell Your Startup, Don’t Be a Punk About it Afterward – by Connie Loizos, posted on Feb. 4
8. Maybe Reid Hoffman Won’t Be an Instant Billionaire – by Lawrence Aragon, posted on Jan. 27
9. Lots of Demand for EnCap’s $3.5B Pool, But Fundraising Not So Easy – by Luisa Beltran, posted on Feb. 1
10. LinkedIn: One Class of Stock Too Many – by Connie Loizos, posted on Feb. 3
Want to catch up on what your colleagues found most interesting on peHUB over the past seven days? Here are our posts with the most pageviews from Jan. 21 to Jan. 28:
1. Scoop: Whose Hooters? HIG’s! - by Jonathan Marino, posted on Jan. 26.
2. With Looming Facebook IPO, Better Buy a House Now (If You Can Find One) - by Connie Loizos, posted on Jan. 26.
3. Michael Psaros: You Must Be Kidding Me With This Recovery - by Bernard Vaughan, posted on Jan. 26.
4. Mid-Market Firms Rally Against Registration - by Bernard Vaughan, posted on Jan. 21.
5. Maybe Reid Hoffman Won’t Be an Instant Billionaire - by Lawrence Aragon, posted on Jan. 27.
6. 2011 The Year Of Buyout Shop Takeovers? - by Bernard Vaughan, posted on Jan. 26.
7. Second-Guessing SecondMarket - by Connie Loizos, post on Jan. 27.
8. CalPERS and CalSTRS to World: We’re Back, Baby - by Connie Loizos, posted on Jan 20.
9. VC Blog Ranks VC Bloggers - by Joanna Glasner, posted on Jan. 21.
10. Exit Machine Sequoia Raises $1.35B — Without Mark Kvamme - by Connie Loizos, posted on Jan. 25.
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The managing director for Investment Fund for Foundations talks micro VC funds
In a dismal year for both VC-backed IPOs and M&A, Accel Partners stood out. Nine of its portfolio companies were sold for combined proceeds in excess of $2 billion, a significant increase from 2008, when 10 of its portfolio companies were sold for less than $300 million in total disclosed proceeds.
Accel’s three biggest hits were mobile advertising startup AdMob, bought by Google for $750 million; open source software developer SpringSource, acquired by VMWare for $420 million; and national defense technology provider BBN Technologies, bought by Raytheon for $350 million.
I spoke to Accel’s Jim Breyer about his firm’s M&A successes and a host of other issues for Venture Capital Journal’s January issue. VCJ subscribers can read the full interview here. For you, dear peHUB reader, you can get video snippets of our interview after the jump...