Private Equity
1 min read · 04 April 2011
As we reported earlier today, VC fundraising roared back in Q1, with U.S. VC funds raising their largest amount since the third quarter of 2008. Bessemer Venture Partners led the pack, raising a monster fund of $1.6 billion. Who else is in the top 10? Click through to check out our slideshow.
3 min read · 04 April 2011
5 min read · 01 April 2011
Qihoo 360 Technology Co. Ltd. hit the cover off the ball in its market debut yesterday. The VC-backed Chinese Internet company priced at $14.50 and soared more than 130% to $34 by the close of the day. As impressive as that was, Qihoo is not the top performing VC-backed Chinese IPO since the start of 2010, according to Thomson Reuters (publisher of this blog). See our slideshow to find out who's No. 1, and where Qihoo ranks in the top 10.
3 min read · 31 March 2011
Kleiner Perkins has raised $932.3 million out of a targeted $1 billion for its KPCB Digital Growth Fund, according to an SEC filing dated March 11. The fact that the firm had increased the target for the fund from $750 million to $1 billion was first reported by Fortune’s Term Sheet blog on February 16. In fact, Term Sheet reported that KP was raising in excess of a billion dollars. The regulatory filing shows that the target for the fund is $1 billion and that $67.67 million remains to be raised. The document also shows that KP sold its first stake in the fund on Nov. 17.
1 min read · 30 March 2011
In this week’s Social Scene, Hollywood falls back in love with venture capital, the Google Ventures team goes Gaga, Don Valentine gets his closeup, Peter Wagner sees a sign of the Apocalypse, Jim Clark and his supermodel wife are expecting their first child, and lots more. Have a personal tidbit you’d like to share about yourself or a friend/colleague? Email me at lawrence.aragon@thomsonreuters.com. I’m looking for birthdays, baby announcements, marriages, new car/boat/house/fill-in-the-blank purchases, funny quotes, vacation pics, snaps from industry events — you get the picture. MAKING THE SCENE In yet another ominous sign that we may be repeating the past, Hollywood is suddenly finding venture capitalists interesting again. To wit, comedian Adam Sandler is co-producing a CBS sitcom that will be set in a VC office, and the HBO drama
6 min read · 25 March 2011
Forty-one million dollars for an Internet company. That’s what Sequoia Capital, Bain Capital Ventures and Silicon Valley Bank invested in Color, which makes a social networking application that lets users share photos with their smartphones. It’s an astonishing number. Financial blogger Paul Kedrosky tweeted: “Sequoia, et al gives pre-launch photo-sharing startup $41m, or ‘more than money than they gave Google’. That sound? Jaw hitting floor.” I did some checking in Thomson Reuters’ VC deals database and as far as I can tell, the Color deal is the largest first round for an early stage Internet service, software or content company this year and the third largest
3 min read · 24 March 2011
2 min read · 24 March 2011
1 min read · 18 March 2011
1 min read · 18 March 2011
