peHUB First Read

* Rob Go: Good vs. bad VC diligence * Google's Susan Wojcicki: What we're going to do with AdMob * Katie Benner: Financial regulatory reform will turn private equity into shadow banking * Morning Call: U.S. futures are mixed, London rises early, Europe extends rally and the Nikkei gains 1.3%. * Christine Idzelis: Paper jam hits Cerberus * Yale's endowment returns: Manager skill or risk exposure? * Over before it began: Atlantic Media halts work on biz site * Felix Salmon: News consumers, paywalls and useless tourists * Ray Padgett: Why MySpace can still win as a music destination * Hey Chicago: Remember to get tix for the peHUB Shindig on June 16 * Tesla filed an amended S-1 yesterday, and we learned two things: (1) The Toyota deal is not a silver bullet, and (2) The company has a new PR defense for Elon Musk's private jet use.