3 min read · 31 January 2011
2 min read · 31 January 2011
Well, the folks at LinkedIn say it's a done deal. The S-1 is filed, though the size of the offering and shares price has yet to be determined. From the LinkedIn blog: We’d like to share with you the press announcement related to our filing registration statement for a proposed Initial Public Offering.
1 min read · 27 January 2011
2 min read · 27 January 2011
3 min read · 27 January 2011
3 min read · 27 January 2011
Fresh off a year filled with sizable exits, Sequoia Capital has processed a new regulatory filing with the SEC, revealing it has raised more than $1.35 billion for its newest fund, Sequoia Capital 2010, which the firm began raising in 2009. The news was first reported by Fortune. UPDATE: A source at Sequoia who asked not to be named played down the report about the fund, saying it was old news. The fund was raised "quite some time ago," and the only reason it hit the press was because Sequoia was required to file a statement about the fund with the SEC, the source said. -Ed.
2 min read · 25 January 2011
3 min read · 25 January 2011
Late last month, having received the blessing of the SEC and the Financial Industry Regulatory Authority, the highly anticipated startup Xpert Financial emerged from stealth mode capable of automating the business of providing liquidity to startups. The question now for the San Mateo-based alternative trading platform is: who cares? In addition to having to compete with supercharged competitors like SecondMarket and SharesPost, skepticism over its mission abounds, including from one prominent San Francisco-based investment banker, who privately observed to me last week: "Each process is highly customized and securities issues are unique, making it very difficult to execute these processes on a uniform basis. If it were easy, people would do it on eBay."
6 min read · 24 January 2011
2 min read · 20 January 2011
