Private Equity
President Obama brought new attention to the carried interest debate on Wednesday by unveiling a budget with a proposed change in how venture capitalists and private equity managers are taxed on investment income. Don’t expect a quick tax hike.
2 min read · 11 April 2013
Google Ventures, Kleiner Perkins Caufield & Byers and Andreessen Horowitz have come together to form the Glass Collective, an investment syndicate made up of the three firms to provide seed funding to startups developing for Google's Glass and the Glass ecosystem. The announcement came on a Website from Google Ventures' Managing Partner Bill Maris, Andreessen Horowitz General Partner Marc Andreessen and Kleiner General Partner John Doerr.
1 min read · 10 April 2013
Demand for H1-B visas is so strong that the annual cap of 65,000 was hit last week. VCs and tech executives want to see the quota boosted to 300,000, but some U.S. tech workers and academics say the tech talent shortage is exaggerated -- and the H1-B program serves mainly as a source of cheap labor.
5 min read · 10 April 2013
Medical Device company iRhythm Technologies has raised a $6 million Series D round led by Norwest Venture Partners. Existing investors New Leaf Ventures, Synergy Life Science Partners and Kaiser Permanente Ventures also participated.
4 min read · 10 April 2013
Even as many investors move into index funds, Harvard University is confident that it can keep posting above-average returns with actively managed investments, the head of the school’s investment arm said on April 3.
3 min read · 10 April 2013
We know that venture fundraising is sluggish. But it turns out venture deal activity isn’t so brisk, either.
1 min read · 09 April 2013
As of this morning, Kleiner Perkins Caufield & Byers has a new, publicly traded company in its portfolio: San Francisco’s RMG Networks, a digital signage media company that has raised $20 million from Kleiner, DAG Ventures, and National Cinemedia since its 2006 founding. The company didn't stage an IPO; rather, it completed a reverse merger with the blank check company in a maneuver that landed it on the Nasdaq.
4 min read · 08 April 2013
While emerging VCs often make concessions on fees and carried interest, established players can write their own rules. For New Enterprise Associates, that translates into fees below the standard 2% but a bigger share of carry, managing director Peter Barris told attendees at the PartnerConnect conference in Boston.
3 min read · 08 April 2013
Savvy brick-and-mortar retailers are finally starting to leverage Internet technologies to their advantage, thanks to startups like Shopkick, Swipely, LightSpeed and others
10 min read · 07 April 2013
Suddenly, there’s no shortage of companies offering same-day delivery, and some VC-backed startups are speeding to get in on the action
4 min read · 07 April 2013