Human Resources

SEC Now Probing Its Own Staff Around Mark Cuban Investigation

Yikes. It’s hard to imagine the SEC being made to look worse than in the aftermath of the Bernie Madoff scandal, yet its case again Internet billionaire Mark Cuban -- and his newer countersuit against the SEC -- is starting to have that very effect. According to Bloomberg, the SEC’s inspector general is now probing claims that the agency’s staff acted improperly while compiling its insider trading case against Cuban, who was accused last year of selling his shares of Mamma.com hours after a confidential conversation with the company's CEO about a PIPE transaction that Cuban disapproved of. Though Cuban had a 6.3 percent stake in the company, his attorneys say the SEC hasn’t shown that Cuban was barred from selling his shares.

Matt Guiney Joins Flybridge

Matthew Guiney has joined Flybridge Capital Partners as assistant controller. He previously spent six years with PricewaterhouseCoopers. www.flybridge.com

Eric Hjerpe Joins Kepha Partners

Eric Hjerpe has joined Waltham, Mass.-based venture firm Kepha Partners as a partner. He previously was with Atlas Venture.

Edison Venture Promotes Mendoza

VC Named To SBA Post

Saw Mill Capital Adds Team Member

Greylock Moves HQ To The Valley

Sante Ventures Adds One, Promotes Another

Peter Thiel On Valleywag; It's the "Silicon Valley Equivalent of Al Qaeda"

Q&A with Peter Thiel, billionaire, co-founder and original CEO of PayPal, early investor in Facebook and venture capital investor through Founders Fund.

Paul Allen Replaces President at Vulcan Capital

In January 2005, BusinessWeek wrote about the ouster of Carl Vogel, who had been CEO of cable TV provider Charter Communications. At the time, Vogel had just been pushed out the door by billionaire Paul Allen in an attempt to keep Allen’s controlling stake in Charter from falling further in value. Lance Conn, a member of Allen’s holding company Vulcan Capital, as well as a Charter board member, told investors immediately afterward that “the company's performance hasn't met your expectations or ours.” Fast-forward four years and Conn, who became Vulcan Capital’s president, is also losing his position of power within Allen's world.