Private Equity
3 min read · 12 August 2011
4 min read · 12 August 2011
4 min read · 11 August 2011
4 min read · 11 August 2011
2 min read · 11 August 2011
1 min read · 10 August 2011
3 min read · 10 August 2011
(Reuters) - Three initial public offerings were postponed on Tuesday, the latest casualties of volatile market conditions. Offerings by Portuguese mobile marketing and payment services provider TIM w.e. SGPS SA, which was expected to raise $146.3 million, and 3-D motion-sensing company InvenSense Inc, a VC-backed company due to raise $99.8 million, were postponed, underwriters said. The $180 million IPO of Seattle-based lender HomeStreet was also sidelined, an underwriter said. Invensense, founded in 2003, raised a total of $53 million in venture capital between 2004 and 2008, according to Thomson Reuters (publisher of peHUB). The company's backers include Artiman Ventures, DoCoMo Capital, Partech
2 min read · 09 August 2011
(Reuters) - Partners Jim Kim and Alex Kinnier will depart Khosla Ventures Aug. 15, leaving the firm short of two partners just months after it said it was raising a $1.05 billion fund, Reuters has learned. Both specialized in renewable energy, a focus of Khosla Ventures, but one that has been slow to reap big returns. Kinnier will start his own company, a move founding partner Vinod Khosla called "standard." It was unclear what Kim intends to do upon leaving the venture capital house, which has backed Jawbone-headset makers Aliph and biofuels company Kior. "Junior folks join for three years typically and then start companies," he wrote to Reuters in an email. "We have our core set of five partners and though we don't preclude junior partners becoming senior partners, we expect the majority of them to leave to
2 min read · 09 August 2011
3 min read · 08 August 2011
