peHUB First Read

* Does Apollo's take-private of Parallel Petroleum signal a new model for private equity deals? In a semi-related note, does it mean that Apollo has decided it's a leveraged buyout firm again? * Steve Blank: Can you trust any VCs under 40? * Marketplace host Scott Jagow interviews kids about the economy. * Morning Call: U.S. futures point higher, London rises early, European shares climb on recovery optimisim, the Nikkei gains on steel and both China and Hong Kong shares rally. * Venture firm Opus Capital cuts its carried interest from 25% to 20%. Biggest surprise is that Opus had 25% in the first place. * The Big Money ♥'s Felix Salmon * Sovereign anti-wealth fund? Singapore's Temasek Holdings says net profit fall 67% from March 08 to March 09.