Private Equity
1 min read · 18 March 2011
1 min read · 18 March 2011
3 min read · 18 March 2011
3 min read · 17 March 2011
3 min read · 17 March 2011
3 min read · 17 March 2011
Venture-backed IPOs have gotten off to a strong start this year. So far, a dozen venture-backed companies have gone public, raising just over $1 billion in proceeds, according to Thomson Reuters (publisher of peHUB). For the same period a year earlier, just three companies went public, raising $379.5 million. Which VC-backed stock has cratered 35 percent since its offering? Which one has soared nearly 49 percent? Check out our slideshow to find out. (If you like the data, consider subscribing to Venture Capital Journal. In each issues, VCJ publishes even more detailed profiles of every VC-backed IPO, including the share holdings of VC backers. Click here for a free trial.)
1 min read · 11 March 2011
3 min read · 04 March 2011
I'm disappointed by the results of our poll about whether venture capital firms should ban their partners from buying and selling private company shares on secondary exchanges such as Sharespost. The survey grew out of a great story by colleague Jonathan Marino that exposed the practice and the potential conflicts of interest it engenders. A total of 130 peHUB readers took the poll, with 80 (or 62%) answering "yes" and 50 (or 39%) answering no. As I said in an earlier post, when I created the poll, I thought about coming up with a different question because I figured it was a no-brainer that most people would answer yes.
2 min read · 03 March 2011
Create your free online surveys with SurveyMonkey, the world's leading questionnaire tool. Lest you believed that sleazy behavior was confined to Wall Street, we point you to questionable activities of some of the residents of Sand Hill Road. My colleague Jonathan Marino today wrote about how some venture capitalists are buying and selling shares of private companies on secondary exchanges – and how quite a few firms don’t have policies forbidding these transactions. This truly is a black eye for the venture industry, which has been trying to regain credibility after a decade of under-performance. The message being sent by the VCs engaged in this behavior is, “Well, I’m not going to make any carry on my fund, so I may as well see if I can make a quick buck on SharesPost.” I’m sure the LPs paying fees on those funds are thrilled to hear that.
1 min read · 01 March 2011
