Private Equity
1 min read · 19 March 2010
AOL Inc. has launched a venture capital fund focused on "hyper-local" Internet startups, as part of a larger strategic focus on expanding the company's local content. PaidContent reports that the fund size is $10 million.
4 min read · 18 March 2010
Holger Reithinger has joined Forbion Capital Partners as a partner and head of the firm's new Munich office. He previously was with Global Life Science Ventures.
3 min read · 16 March 2010
Antonio Rodriguez, former CTO of HP's consumer imaging and printing division, has joined Matrix Partners as a general partner in the firm's Waltham, Mass. office. Matrix also announced the opening of a New York City office, which will be headed by Nick Beim. Beim will relocate from Massachusetts.
3 min read · 16 March 2010
The European Space Agency has launched The Open Sky Technologies Fund, an early-stage VC that will back companies that apply space technologies and satellite applications to terrestrial industries. It will be managed by Triangle Venture Capital Group, and so far has closed on €15 million of its €100 million target.
3 min read · 09 March 2010
Team Europe Ventures of Berlin has launched a €6 million fund for Internet and mobile Internet startups. It will focus on European companies, but also will make U.S. investments. The fund expects to make between four and five investments per year, with a maximum of €500,000 per company.
4 min read · 09 March 2010
1 min read · 09 March 2010
JERUSALEM (Reuters) - Israeli venture capital funds raised only $229 million in 2009, down 72 percent from 2008 following the global market downturn, the Israel Venture Capital (IVC) Research Center said on Monday. Download the full report here
1 min read · 08 March 2010
1 min read · 04 March 2010
Most of the debate over Chris Dodd’s financial reform bill has involved the proposed creation of a consumer protection agency. But there also are some smaller provisions in the 1,139-page bill that would directly impact angel investors and startup companies. First up is Section 412, which would change the requirements under which someone can qualify as an “accredited investor.” Since 1982, individuals have been considered “accredited” if they had at least $1 million in personal assets and/or annual income of $200,000 ($300,000 in the case of a joint filing). Under Dodd’s proposal, however, the threshold would become subject to “price inflation” adjustments at least once every five years. The bill does not explain the metrics that would be used to determine “price inflation,” although a 2007 SEC report used a Department of Commerce price index to project a 90% hightening of the asset floor. That same index would have caused the individual and joint income tests to increase to $388,000 and $582,000, respectively. Accredited investor standards were originally created under a thesis that richer folks would have a better understanding of financial risk than would poorer folks, or would at least have the resources to hire
3 min read · 03 March 2010
