According to a report out today from Ernst & Young and Dow Jones VentureSource, American venture capitalists invested 54 percent more, by dollar amount, in cleantech companies for the first quarter in 2011 versus the same period last year. The sector attracted $1.14 billion for the quarter up from $743.3 million in Q1 2010. The number of deals attracting venture capital in the sector declined… → Read More
According to an Ernst & Young analysis based on data from Dow Jones VentureSource, venture capital investment in US-based cleantech companies hit $1.5 billion for the second quarter, in 68 financing rounds. That translates to an increase of 63.8 percent in capital and a 4.6 percent increase in deals compared to the same period last year.
The $1.5 billion mark also means the highest level of… → Read More
Yahoo has announced that Ernst & Young vet Sue James (real name Susan M. James), was elected to the company’s Board of Directors. James is a financial expert who can look back on a very long career at E&Y: she spent the past 35 years working for the auditor.
James was also named Chair of the Yahoo Board’s Audit Committee. → Read More
In most years, come rain or shine, executive pay at technology startups always goes up because the competition for talent is always so intense. In 2009, however, cash compensation for CEOs at private technology companies will be flat compared to last year, according to a new CompStudy by executive search firm J. Robert Scott and Ernst & Young. This will be the first time CEO pay at private… → Read More