peHUB First Read

* Mark Zuckerberg: Answering privacy concerns * The best industries for launching a startup in 2010 * Bill Burnham has some ideas on how VCs will work around the new carried interest tax (be sure to read the comments -- some good back-and-forth about VC lobbying strategy mistakes). * John Carney points out that the revised financial reform bill exempts PE firms from fund registration (original version only excluded VC funds). Not sure I think it's as "big" a victory as does Carney, but a victory nonetheless. * Morning Call: U.S. futures point lower, London falls early, European shares retreat, the Nikkei keeps dropping and China shares slip. * Debt covenants keep getting weaker * Toni Schneider: In praise of continuous deployment * A Chinese mega-buyout fund? Fred Hu aims for $10 billion * Hey Chicago: Get your tickets to the peHUB Shindig on June 16 * The Feds approve Google-AdMob. Am I the only one who thinks that AdMob's VCs privately wish the deal had been scuttled? After all, a $700m breakup fee + AdMob (IPO candidate?) would have been more lucrative than $750m sale - AdMob. Right?