peHUB First Read

* Sarah Lacy: Brazil's slumdog entrepreneurs * Are family offices the new face of venture capital? * Breaking up (a buyout) has gotten much more expensive * Morning Call: U.S. futures point lower, London rises early, European shares retreat, the Nikkei hits 1-week closing high and Hong Kong shares climb. * Jon Corzine starts small in bid for redemption * Will Warburg Pincus play spoiler on the Fidelity National buyout? * Beverly Hills Austerity? California is now one of the world's top 10 government default risks * The winner of MIT's $100k business plan competition is an entrepreneur who's PhD is in concrete * John Carney joins CNBC, a network at which he's thrown more than a few rhetorical punches: "The folks at CNBC never seemed to hold a grudge about it. So I won’t hold one against them either."