Private Equity
1 min read · 27 September 2011
Four months after peHUB reported that Shasta Ventures was in the market for a third fund, the Silicon Valley venture firm announced today that it has raised $265 million for Shasta Ventures III LP. Thanks to positive IRRs on its first two funds, Shasta came in above target on its third vehicle despite a difficult fundraising environment. Shasta said in a July 15 regulatory filing that it planned to raise $200 million. In an apparent bid to capture the attention of technology entrepreneurs, the early stage tech firm broke the fundraising news on TechCrunch, a popular technology blog. Shasta, based in Menlo Park, Calif., did not issue a press release. Tod Francis -- co-founder of the firm and one of ...
2 min read · 21 September 2011
2 min read · 21 September 2011
Time to catch up on the stories your colleagues found most compelling on peHUB this week. Here are the top 10 posts that garnered the most pageviews from regular readers from Sept. 12 to this morning, Sept. 16. ONE Sequoia’s Doug Leone to Mike Arrington: Why You Want to Be a VC is Beyond Me -- by Connie Loizos TWO Top 10 IRRs from University of California’s Mid-Decade Venture Binge (Slideshow) -- by Mark Boslet THREE Slideshow: Dealt a Bad Hand? -- by Jonathan Marino FOUR Vinod Khosla: 'I Don’t Much Like the Venture Profession' -- by Connie Loizos FIVE VC Icon Tom Perkins Takes Swipe at Kleiner Perkins’ Big Bets on Cleantech -- by Sarah McBride, Reuters SIX Slideshow: Venture Capital’s Biggest Flops -- by Joanna Glasner SEVEN AOL Makes It Official: Arrington Is Out (slideshow) -- by Lawrence Aragon EIGHT Slideshow: 16 Alleged CalPERS Gift-Violators Face Fines -- by Gregory Roth NINE Study: Need a Fast Flip? Don’t Change the Management Team -- by Connie Loizos TEN Thiel and Levchin Offer ‘Blueprint’ for Solving Innovation Crisis -- by Joanna Glasner
1 min read · 16 September 2011
3 min read · 12 September 2011
2 min read · 05 September 2011
2 min read · 02 September 2011
Given the relatively small amount of venture dollars available in Europe, continental entrepreneurs are being lured to the U.S. market
8 min read · 01 September 2011
Despite a few large acquisitions, foreign investment in Italy has dropped
6 min read · 01 September 2011
3 min read · 31 August 2011