NEW HAVEN – Entrepreneurs with skeletons in their closets should be upfront about them when looking for venture capital, a due diligence expert advises. An entrepreneur might be cringing over a $50,000 lawsuit against his firm, but that’s peanuts to a company considering a $2 million investment, said Matthew J. Cherry, a business intelligence specialist […]
SILICON VALLEY’S VENTURE CAPITALISTS HAVE TRADED IN THEIR SOAPBOX-DERBY DUELING FOR AN EVEN BIGGER TEST: HELPING THEIR PORTFOLIO COMPANIES SURVIVE MENLO PARK, Calif. – Once a year during the height of the Internet run-up, venture capitalists would nestle into custom built soapbox derby cars here and zip down Sand Hill Road, which is to their […]
Predictions of a mass consolidation in the private equity market might lead some to assume that there will be a clear-out of all the market’s worst performers. Some bottom quartile funds will certainly disappear from the scene; others, however, are likely to be more enduring. Ask any investor what they believe to be the most […]
Kleiner Perkins Caufield & Byers won’t invest all of its 10th fund. Accel Partners will split its $1.4 billion fund into two sequential funds, charging management fees on only one-half at a time. Charles River Ventures now has four fewer general partners — leaving only one in its Sand Hill Road office. But for Matthew […]
People have been fudging their resumes for years, even though it can lead to embarrassment. Well, here’s a reason to make sure that your resume is 100% accurate: It may be scrutinized by an ex-cop hired by a potential limited partner when you go out to raise your next fund. After years of doing due […]
Air travel in the wake of Tuesday’s terrorist acts against New York’s World Trade Center and the Pentagon in Arlington, Va., has brought to the forefront failures in the airline and airport security systems that include underpaid, undertrained security personnel, facilities that are tough to monitor and numerous openings for someone to take on the […]