Private Equity
Social news hub Reddit said Chief Executive Yishan Wong had resigned and that co-founder Alexis Ohanian would return as full-time executive chairman.
1 min read · 14 November 2014
Dominant companies are ruling the startup landscape, as speed of market cap growth escalates, according to a study by Play Bigger Advisors
3 min read · 14 November 2014
LendingClub Corp., which is backed by investors including Kleiner Perkins Caufield & Byers, is pursuing a dual track process, two sources said.
2 min read · 14 November 2014
Churchill Downs, which owns the Kentucky Derby, has agreed to acquire Seattle-based mobile and online games producer Big Fish Games for up to $885 million.
1 min read · 13 November 2014
So-called Category Kings dominate the startup landscape, as speed of market cap growth escalates.
2 min read · 13 November 2014
Unshackled on Thursday unveiled a small angel fund with a big mission: Support foreign-born entrepreneurs interested in starting their own companies in the United States.
1 min read · 13 November 2014
The online lender, which is well into the IPO process, is exploring a potential sale, sources said.
2 min read · 13 November 2014
Private company deal pricing appears to be adjusting lower after exuberance earlier this year led venture valuations to striking heights.
2 min read · 12 November 2014
Montreal-based fund manager Teralys Capital has raised $279 million in the first close of its new fund of funds created under the Canadian government's Venture Capital Action Plan. The Teralys Capital Innovation Fund focuses on information technologies, life sciences, and clean or industrial innovations.
2 min read · 11 November 2014
German telecom firm Deutsche Telekom is planning on launching in early 2015 a fund targeting 500 million euros (about $621 million).
1 min read · 11 November 2014
