peHUB First Read

* The death of PPIP may have been greatly exaggerated. CNBC is reporting that it will be unveiled tomorrow, with participants to include WL Ross and a joint venture between GE Capital and Angelo Gordon. * Jason Mendelson reacts to the Polachi study: Apparently 52.9% of VCs are deluded. * Morning Call: U.S. futures point higher, London opens flat, European shares target best quarterly gain since 1999, the Nikkei closes its best quarter since 1995 and Hong Kong is on holiday. * Q&A with Benchmark Capital's Bill Gurley, including the deals he shouldn't have passed on. * Roger Altman: We'll need to raise taxes soon. * Business has not been good to ex-basketball star Christian Laettner. * Sign of the Apocalypse: Vin Deisel makes his first appearance in this space (and on the same day as Christian Laettner...)