Private Equity
(Reuters) - The top U.S. securities regulator has formed an advisory panel of fast-growing companies and venture capital funds as it reviews whether it needs to update rules on how private companies can access public investors. The U.S. Securities and Exchange Commission has said it is examining its share issuance rules for private companies to see if they are still relevant in light of market developments. The issue jumped into the spotlight recently as Wall Street banks and electronic markets offer investors a chance to buy and actively trade stakes in hot Internet companies such as Facebook and Twitter before they go public. Lawmakers have also raised concerns about whether the U.S. Securities and Exchange Commission's restrictions on capital raising by private companies hurt innovation and ...
3 min read · 14 September 2011
2 min read · 13 September 2011
(Reuters) - Tom Perkins, co-founder of Kleiner Perkins Caufield & Byers and the backer of companies ranging from Genentech to Google, believes much of the venture capital industry has set itself up for failure. "Mathematically, there's no way that all venture capital in America will make 10 to 1," or $10 for every dollar invested -- a fairly typical return in past years -- Perkins told Reuters. There is too much money chasing too few companies, he said, and the increasingly large sums invested mean failures will hurt more. Firms hit by outsized failures will find it hard to ...
3 min read · 13 September 2011
1 min read · 13 September 2011
2 min read · 13 September 2011
1 min read · 12 September 2011
2 min read · 12 September 2011
2 min read · 09 September 2011
2 min read · 09 September 2011
1 min read · 09 September 2011
