Iranian-born entrepreneur-investor Shervin Pishevar has become a well-known brand in Silicon Valley in recent years largely because of his social entrepreneurship, not his startup prowess. His particular cause has been eradicating many of the hurdles that foreign-born entrepreneurs still face in entering and remaining in the U.S. But clearly, Pishevar's social conscience has been good for business.
5 min read · 21 February 2013
Last night, PrivCo, a New York-based firm that tracks privately held companies, released a list of what it has determined were the top 20 venture capital firms of 2012, based on the firms' successful M&A exits. We asked for the numbers behind the deals.
1 min read · 19 February 2013
Sequoia Capital, whose “stealthy” scouting program first came to light last spring, looks to be formalizing the program by registering its first U.S. Scout Seed Fund with the SEC this morning.
2 min read · 19 February 2013
Does Apple really assign engineers to “fake” projects as a loyalty test? Is Buffett overpaying for Heinz? And how much longer can the domestic airline industry continue to shrink? You've got questions. We've got answers.
1 min read · 15 February 2013
Virool, a year-old San Francisco-based video advertising startup, has closed on $6.62 million in funding from a long list of investors in what the company claims is the biggest seed round raised so far by a graduate of the the Y Combinator incubator program. (Virool came out of the program last summer.) The company's institutional investors include Draper Fisher Juvetson and Menlo Ventures; individuals who contributed to the funding include Paul Buchheit, Dave McClure, and Yuri Milner.
2 min read · 15 February 2013
San Diego-based Skyera, maker of enterprise solid-state storage systems, has added Dado Banatao to its board of directors. Banatao is a managing partner of Tallwood Venture Capital who also sits on the boards of Alphion Corporation, Wave Semiconductor, and Wilocity and is chairman of the boards of Ikanos, Inphi Corporation, and Quintic Corporation.
2 min read · 15 February 2013
Borro, a New York-based "lending marketplace for luxury personal assets," has appointed Nigel Morris as chairman of its board. Morris cofounded Capital One and is currently the managing partner of QED Investors, an investment fund in Alexandria, Va.
3 min read · 14 February 2013
Receptos, a San Diego-based biopharmaceutical company working to develop treatments for immune and metabolic diseases, has a new CFO: Graham Cooper. Cooper was previously CFO at Geron Corporation and Orexigen Therapeutics.
2 min read · 14 February 2013
Samsung suddenly seems a lot like a boxer whose every punch at the world champion, Apple, is bringing it closer to a legitimate shot at the title. Samsung’s handsets are hot. Late last year, Samsung’s Galaxy S III became...
4 min read · 14 February 2013
AOL acquires the tech reviews site gdgt, a controversial cyber bill returns to Congress for debate, Time Warner is in talks to sell most of its magazine titles, and so much more!
1 min read · 13 February 2013
