January 20th, 2013

Ben Horowitz: “We Like To Invest In College Dropouts With Insane Ideas Going After Tiny Markets With No Way To Monetize”

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At the DLD conference in Munich today, venture capitalist Ben Horowitz took the stage to discuss why he and his firm Andreessen Horowitz invests in a company and its founders. Last year, he said, Andreessen Horowitz found 2,355 companies that were potentially worth investing in that passed the company’s initial screen. In the end, Andreesen Horowitz only closed 24 deals (excluding seed deals). The… → Read More

Speedinvest Makes Four Investments In Four Months

Vienna and San Francisco based Super angel fund Speedinvest, launched just over 6 months ago, has announced it’s made four investments to date. According to Founder and CEO Oliver Holle, the fund has invested more than €1 million in those four startups and doubled that sum through co-investors.

The investments made are rather diverse, ranging from VoiP to an already well-known social sharing… → Read More

December 28th, 2010

Sony Plans To Invest $1.2 Billion In Image Sensor Production

Sony is making a big bet on smartphones and digital cameras: the company yesterday confirmed earlier reports that it plans to double image sensor production in the near future. Through March 2012, big S is ready to invest a whopping $1.2 billion to expand production facilities for CMOS sensors in Japan. → Read More

December 21st, 2007

Bill Gates invests in Mexican brewery

  Bill Gates now owns 3-percent of the world’s second-largest Coke bottler and Mexico’s second-largest brewery. I say good for you, Mr. Gates. Cascade Investment LLC, the asset management firm that Gates owns, recently purchased almost 11 million shares of Monterrey, Mexico’s Femsa. Femsa has a soft drink unit (Coca-Cola Femsa), a beer subsidiary, and a retail unit that runs… → Read More

November 30th, 2007

Sprint reportedly turns down $5 billion from investors

The New York Times is reporting that Sprint has said thanks but no thanks to an offer from Providence Equity Partners and South Korea’s SK Telecom which would, in effect, replace Sprint’s management team and infuse $5 billion into the company. The deal would have also allowed SK Telecom and Sprint to "significantly cut costs by jointly purchasing handsets and examining network… → Read More