5 posts and columns on PE Hub

News Byte

More Money for Start-Ups: First Round Capital Gets a Second Fund

in Media on October 15, 2010 at 6:20 am PT

First Round Capital, the VC firm that’s made a name for itself by investing in very early stage start-ups, has more money to play with. The Philadelphia-based outfit has a new $126.4 million fund–just $1.4 million bigger than its first fund, PE Hub notes. First Round has been on a roll this year, including a very successful bet on ad tech start-up Invite Media, which raised less than $5 million and was sold to Google for $81 million.

UPDATE: AOL Won’t Deny It Has Sold Bebo

in Media on June 16, 2010 at 8:15 am PT

Did Tim Armstrong actually find a buyer for his $850 million albatross of a social network? If he did, give that man a round of applause.

Ning Has a New CEO. New Board Coming, Too?

in Media on March 16, 2010 at 7:44 am PT

An interview with Ning’s new CEO makes it pretty clear that the company is about to change up its board of directors. What else is it up to?

eBay Chair Omidyar Pops Up at Social News Start-up Ginx

in News on January 14, 2009 at 2:47 pm PT

While former eBay CEO Meg Whitman mulls a run for the Republican nomination for governor of California, eBay Chairman and founder and venture investor Pierre Omidyar has cropped up in a SEC filing listed as an executive for a secretive start-up officially known as Peer News Inc. but operating a service under the name Ginx.

VCs Closed Their Checkbooks Last Month

in Media on November 11, 2008 at 3:58 am PT

The myth of professional investors like venture capitalists is that they’re not like us: They’re smarter, they can see around corners, and they’re bold when we are quivering. Or maybe they’re just like us: When their 401ks gets crushed in a once-in-a-lifetime market rout, they think twice before writing another check. That appears to have happened in October, when VCs spent less money, on fewer companies, than they have in years.