CVC Capital Partners, the London-based private equity firm, has announced that its chairman, Michael Smith, will retire in January. Smith will be succeeded by Donald Mackenzie, Rolly van Rappard and Steve Koltes, who will act as co-chairmen of the group.
2 min read · 30 October 2012
Beringea, a Detroit, Mich.-based venture and expansion-stage capital investor, has invested $3.2 million in InSkin Media, a London-based advertising network.
2 min read · 30 October 2012
A new study published in the journal Information Systems Research and led by Rohit Aggarwal, an Operations and Information Systems professor at the University of Utah's David Eccles School of Business, finds that bloggers can have a massive effect on both the funding amount and valuations of startups. More interestingly, Aggarwal's findings have something to say about whether one should pursue 10 posts from popular blogs versus 1,000 posts from not so popular blogs.
4 min read · 30 October 2012
ViiV Healthcare, based in London, and Shionogi & Co., based in Osaka, Japan, are revising their relationship. Under the new agreement, ViiV Healthcare will acquire the exclusive global rights to the Shionogi-ViiV Healthcare LLC joint venture assets.
7 min read · 30 October 2012
Disney plunks down a whopping $4.05 billion for LucasFilm, Paul Ceglia, the guy who claims to own half of Facebook, loses yet another lawyer, why Hurricane Sandy may spark an electoral storm, and so much more!
1 min read · 30 October 2012
Felix Investments may be battling the SEC, but that isn’t keeping the New York-based firm from charging into new territory on an almost monthly basis. Its latest pitch? A fund to acquire stakes in late-stage venture companies at a discount to current market valuations.
3 min read · 30 October 2012
Apple's iOS chief is out the door, Apple's senior VP for retail is also gone, Chinese leaders' image takes another hit, Stanford tops the six colleges whose alums attract the most VC financing, and oh so much more!
1 min read · 29 October 2012
What a difference a year makes, at least when it comes to the venture industry’s 10-year performance numbers.
2 min read · 29 October 2012
AOL has a new board member: Dawn Lepore, CEO of the peer-to-peer lending platform Prosper Marketplace. Before Prosper, Lepore was most recently the CEO and chair of drugstore.com, which sold to Walgreens in 2011.
2 min read · 25 October 2012
Safeguard Scientifics, the Wayne, Pa.-based, publicly traded holding company with stakes in growth-stage life sciences and tech company, has promoted senior VP and CFO Stephen Zarrilli to the post of CE0. Zarrilli will take the reins on November 1. He succeeds Peter Boni.
4 min read · 25 October 2012
