Around 2006 there was a sudden increase in so-called “partial liquidations,” where entrepreneurs could take some money off the table during a mid-stage funding round. Considered unheard of at the time, now they’re the norm for companies doing well.
Then in 2009, we saw the rise of secondary markets, which allowed early stage investors and employees to take some money off the table at more… → Read More
With the year—and decade—coming to a close, the business press has been awash with stories about just how lousy the ‘00s were. As Paul Krugman details in the New York Times, it was a decade with a tiny amount of job creation, and the first decade on record where private-sector jobs shrunk. The typical family got no economic boost at all. And when the volatility rollercoaster ended there was… → Read More
The value of venture-backed exits (which is almost entirely M&A these days) might be down about 50 percent in the third quarter, but total M&A activity (including public companies) is seeing a noticeable uptick.
Whether it’s a sign of economic recovery or just investment bankers getting ready to take off the month of August, there’s been a lot acquisition activity lately. In the last week alone, IBM purchased SPSS for $1.2 billion, Amazon bought Zappos for $928 million, Sprint paid $483 million for Virgin Mobile, AdKnowledge paid $50 million for Super Rewards, and Yahoo picked up Xoopit for $20 million… → Read More
Consolidation is the Japanese answer to the current economic crisis, especially in the technology sector. The Nikkei, basically Nippon’s Wall Street Journal, today reports that electronics giant NEC Electronics and Renesas Technology are currently negotiating a merger with the aim of closing talks by the end of this month. The result would be a real heavyweight: The biggest chip maker in Japan and… → Read More
Yet more evidence that the future of media is digital (in case there are still any doubters out there). In a report released this morning, boutique investment bank Jordan, Edmiston Group estimates that between 88 percent of the publishing and advertising industry’s revenue growth over the next few years will come from four sectors: Database & Information, B2B Online Media, Consumer Online… → Read More
Japanese electronics giant Sanyo has been in troubled waters for quite some time now so that the rumors that came up in the last days about the company taken over by Panasonic weren’t too surprising. But the speed of the transaction can surely be called unusual. Japan’s biggest news daily The Nikkei is reporting today Panasonic President Fumio Ohtsubo and his Sanyo counterpart… → Read More