piotrk
Settlement talks have broken down between three partners of San Francisco-based venture firm VSP Capital and one of those partners has thrown gasoline on the litigation bonfire. Former VSP Managing Director Matthew Crisp filed a counter complaint June 9 in the Superior Court of San Francisco against VSP General Partners John Hamm and Joanna Rees-Gallanter, […]
For years, “globalization” has been the byword of journalists, pundits and Fortune 500 CEOs. While long ago, Columbus told us the world was round, Tom Friedman now boldly proclaims it’s flat. And perhaps that’s helping global investors slide dollars, Euros, yuans and shekels across borders and into attractive businesses across the map. Not to be […]
When Sequoia Capital and Index Ventures bet $10 million on a site that invites children to dress up virtual celebrities and a dozen more top firms begin to spend wildly on avatars, you have to wonder if the venture industry hasn’t gone completely bananas. Since January, VCs have sunk more than $150 million into teen-oriented […]
Kanwal Rekhi, an angel for more than a decade, is launching a venture fund and is meeting with institutional investors. He hopes to raise $150 million to $175 million for his inaugural fund. The firm, Inventus Capital Partners, will be based in Silicon Valley and Bangalore, India. In launching a venture fund, Rekhi is joined […]
Boston-based MetaCapita Venture Partners is seeking to raise $150 million to invest in early stage companies in North Carolina. The fund is one of the first early stage investment vehicles in the Winston-Salem region, which includes the Triad cities of Winston-Salem, Greensboro and High Point. The MetaCapita First Response Fund will focus on digital media […]