Private Equity
2 min read · 17 October 2008
2 min read · 16 October 2008
6 min read · 15 October 2008
1 min read · 14 October 2008
1 min read · 14 October 2008
2 min read · 14 October 2008
Amazingly, investors sometimes choose to roll the dice on someone with a shady background. Here's more proof why that's a lousy idea: According to a study released by the U.S. Dept. of Justice in 2000, one based on data from the Federal Bureau of Prisons, out of 23,970 offenders convicted of criminal fraud during the period, 13.2% returned to federal prison within three years of release from a U.S. District Court sentence --nearly the same percentage as those convicted of drug offenses (13.4%). The report is here. It’s also worth noting that unlike law enforcement agencies such as the FBI, the SEC’s Division of Enforcement has no formal program to deter recidivism. (Thanks, Justin.)
1 min read · 14 October 2008
Justin Hibbard's Quidnunc Group is a highly unusual combination of private investigative firm and investment research house, one that caters to everyone from venture capitalists needing background checks, to activist shareholders wanting to know just how a management team is spending its time, to hedge funds looking to concretely explain an uneasy feeling about a potential investment.
7 min read · 14 October 2008
2 min read · 10 October 2008
The Godfather of Silicon Valley, angel investor Ron Conway, is a little nervous about the economy, and he wants the many startups in which he owns stakes to be, too. Tuesday, he sent an email with some detailed advice to more than 100 of his portfolio companies -- those that "don't have a lot of cash on hand," as told peHUB a little earlier today. ""I think innovation in the Valley will continue to thrive, and I'll continue to invest." Still, he said, it never hurts to encourage a little "proactive" behavior, just in case. His note follows:
5 min read · 10 October 2008
