Wednesday, 24 September 2014
Last updated 13 hours ago
Oct 26 2006 | 7:16am ET
Venture capital investment in the third quarter fell 8% from the second, according to PricewaterhouseCoopers and the National Venture Capital Association.
In 797 deals, VCs invested $6.2 billion. The prior quarter, $6.8 billion went into 907 deals. VC investing has topped $6 billion all three quarters of 2006 so far.
Seed and early-stage investing rose 10% to $1.2 billion during the third quarter.
“We are at a point in the investment life cycle where many venture capitalists are deploying fresh funds that have been raised within the last 18 months or so,” NVCA President Mark Heesen said. “Thus, VCs are finding themselves at the beginning of a very long runway, betting more on those seed and early-stage companies that they believe will have the most promise five to seven years from now.”
The report also showed that the telecommunications, media and entertainment, and industrial and energy sectors showed an increase in fundraising.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitich, CIO of Petty Endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.