3 min read · 10 August 2011
Ashton Kutcher, Jimmy Fallon, and that Annoying Brunette from Glee: Go ahead, you try and pick three people out of Hollywood more likely to wind up in the title roles for this eventual movie E-Memoriam: Robert H. Lessin passes away Lay the Points, They’ll Lay Off: The most likely companies to lay someone off this year Ready to Rumble: UK forces finally break out the heavy artillery to quell rioting
1 min read · 10 August 2011
Placating the Masses: Airbnb offers safety guarantees Snitchin’! The stakes rise Phew! Futures rebound from plunge as the masses huddle, awaiting the Fed Who Nailed It? Someone might have made $10B betting on a U.S. downgrade
1 min read · 09 August 2011
We Could Sure Use Another One Right Now: Hugh Carey, the fiscal genius who engineered a turnaround for NY in the 70s, passes away Bloodbath! Shares tumble and tip off a bad start to what could be a long week Going Nowhere: The market swoon has slammed the IPO window shut again Again? More clever consumer rip-offs in China
1 min read · 08 August 2011
When peHUB ran its slideshow of spun-out private equity funds, we failed to include Incline Partners, the LBO shop that formerly came under the jurisdiction of PNC, the Pittsburgh-based bank. Thanks to Dodd-Frank requirements, Incline was in fact spun out this April with little fanfare. Soon, they’ll be making some news, however. Incline Partners, which is keeping its roots in Yinzer Nation post-PNC, is raising a fund with a $300 million target and will soon....
2 min read · 05 August 2011
All the Marbles: There can only be one AL East division leader at the end of this weekend LinkedOUT: 247WallSt on why LinkedIn doesn't work Not Again! Market indicators point to more losses Delay, Delay, Delay: Another IPO is held up by the international exchange freefall
1 min read · 05 August 2011
Land Grab: There’s a deal bonanza in the daily deals space There’s a Problem with Pete Rose Betting on Baseball: But probably not with Alex Rodriguez betting on card games Splitting Up: Kraft separating its businesses, into snacks and grocery Kirill Sheynkman: When do VCs make mistakes?
1 min read · 04 August 2011
Bernard Slede has split his strategic gig, quietly leaving his role last month as managing director of startup ecosystems programs with Hewlett-Packard to focus full-time on his venture capital firm Breakthrough Venture Partners, peHUB has learned. Correction: Breakthrough Venture Partners buys patents; it does not invest in individual startups. At H-P, Slede worked on proprietary technology, as well as the company’s tablet. Even after spending three years working with startups...
1 min read · 04 August 2011
1 min read · 03 August 2011
Investment firms are being spun out of banks left and right—some, to keep companies in compliance with the new requirements imposed on banks via Dodd-Frank. peHUB has been tracking some of the spin-outs seeking capital, and some others, that have not yet needed to fundraise—but soon, might. While the fundraising market has been generous to some private equity firms, other PE shops could face difficulty bringing in capital absent of their big-brother LPs. Only time will tell....
3 min read · 03 August 2011
