Throwdown! GOP debate gets ugly For Pete’s Sake: Just read everything my colleague David Cay Johnston writes. If Momma Ain’t Happy… Goldman losses foreshadow poorly for the Street I’ll Drink to That! BoSox boozy dugout escapade worsens Now THAT’S an IPO! Will Hulu go public instead? Go Venture! Start-ups do well in Q3 acccording to our own data Pay up! Capital boost for Swedish mobile payment co Ready for take-off! AngelPad businesses take flight What a headache: Not any more with Arteaus' migraine prevention drug Say cheese! Blackstone snaps up German Leica Anyone for Alternatives? Do the benefits outwiegh the risks of alternative investing? Subscribe to peHUB or, if you're already signed up, drop us a tip instead...
1 min read · 19 October 2011
2 min read · 19 October 2011
Please Please Please have a brother named “Santos L.”: The ex-trader who occupies Wall St. “Rupert wants a competing news network to CNBC, not another Fox News” What’s Beef? Behind the Schwartz-Harbaugh near-fracas From a Hashtag: A revolution Dishonoring the Fallen: Persnickety Marine policy ticks off soldiers who want to honor fallen comrades High Tide: Proferi secures funding and emerges as Tidemark End of a Filmic Era: Has Kodak past its sell-by date? In Stealth Mode: EquaShip challenging big names with steep discounts Medical Breakthrough? New technology may help AIDS vaccines No Flash in the Pan: Vente-Privee goes Stateside
1 min read · 18 October 2011
SideTour, which just emerged from stealth mode after being founded this summer, has raised $1.5 million from VCs including Foundry Group and RRE Ventures. Founders include Vipin Goyal, CEO, Aaron Foss, Minesh Mistry and Mark Webster. Unlike most daily deal sites, SideTour seeks to provide its client base with off-the-beaten-path, more unique retail and dining experiences. SideTour is part of the TechStars incubator program.
3 min read · 17 October 2011
BB&T Capital Partners, the lower middle market private equity firm, raised its second mezzanine fund and beat its target, reeling in $227 million. The PE firm will invest via subordinated debt and equity in middle market companies. The fund will also be structured as an SBIC.
2 min read · 17 October 2011
Former Institutional Venture Partners VP Carey Lai will join Intel Capital to work as an investment director in the corporate VC’s digital media division. Already, Carey led the corporate VC’s investment in Sweet Labs. Lai has also worked with Banc of America Securities.
1 min read · 17 October 2011
Clickable, the online advertising solutions provider, completed a $12 million financing round that was provided by American Express, which was joined by existing investors Union Square Ventures, Founders Fund and FirstMark Capital. Other prior backers include Jon Miller, Chief Digital Officer, News Corporation; and Peter Thiel, Managing Partner of Founders Fund.
2 min read · 17 October 2011
2 min read · 17 October 2011
No IPO: Xunlei backs away from plans to go public Uh Oh: Can't unload those Facebook shares now? Uh-Oh, Pt. II: WL Ross backing away from fundraising target? CVC's Virgin Active deal OK-ed by EU authorities Will the Next Steve Jobs be a woman? Doughnuts Do the Rounds Krispy Kreme UK goes for £25m
1 min read · 17 October 2011
Ubiquiti Networks announced its IPO Friday. The shares will begin trading on the NASDAQ Global Select Market on October 14, 2011 under the ticker symbol "UBNT." UBS Securities LLC, Deutsche Bank Securities Inc. and Raymond James & Associates, Inc. are acting as joint book-running managers for the offering. Pacific Crest Securities LLC and ThinkEquity LLC are acting as co-managers. Ubiquiti is a communications technology company. Summit Partners, the private equity firm, is a stockholder.
2 min read · 14 October 2011
