Tag Archives: Venture Capital

Buzzfeed hires executive to oversee M&A strategy

Buzzfeed has hired Sam Figler as its first-ever head of global business development, overseeing the company’s strategic partnerships and mergers & acquisitions strategy, a Buzzfeed spokeswoman told Capital.

Figler is the first big business-side hire that Greg Coleman has made since being named president of Buzzfeed in August.

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The Baltic M&A and private equity forum gathered the leading market players in Vilnius

The fifth Baltic M&A and Private Equity Forum took place on 6-7 November in Vilnius, branding itself as the “must-attend” annual event for M&A and private equity market players in the region.

Attended by more than 230 participants, the Forum once more proved to be a valuable venue for sharing the latest market trends, networking and discussing business opportunities. One CEE private equity fund manager mentioned to organisers that he meets as many as seven potential targets during these two days!

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Private-Equity Payout Debt Surges

Private-Equity Payout Debt Surges

Private-equity firms are adding debt to companies they own to fund payouts to themselves at a record pace, as fears mount that the window for these deals will close if interest rates rise.

So far this year, $47.4 billion of new loans and bonds have been sold by companies to pay dividends to the private-equity firms that own them, according to data provider S&P Capital IQ LCD. That is 62% more than the same period last year, which wound up being the biggest year on record, with $64.2 billion sold to fund private-equity payouts.

Buyout firms acquire companies with a combination of cash and debt, which the acquired companies aim to pay back with earnings. In dividend deals, private-equity-owned companies add more debt so they can pay dividends to their owners. Ultimately, the payouts are distributed to the buyout firms’ own investors, which include endowments, pension funds, wealthy families and the firms’ executives.

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Should You Use Venture Capital: Which America Are You In?

Should You Use Venture Capital: Which America Are You In?

In my two previous blogs, I noted that 99.95 percent of you will not get venture capital,  and that 99.997 percent of you may want to refuse VC, even if offered. Are these results universal or are there other factors that affect venture success?

One of the most enduring and influential beliefs of the last few decades has been that entrepreneurs need venture capital to build giant companies. This might be true – but only in Silicon Valley.

Silicon Valley has been the land of milk, honey, and money for entrepreneurs and venture capitalists. Arguably Silicon Valley VCs have helped to build perhaps the greatest assemblage of giant, non-financial companies the world has seen. Starting from around the early 1970s, using all types of venture-capital funding arrangements (rich individuals, family funds, small business investment companies, and VC limited partnerships), they have amassed a string of successes ranging from Intel INTC -1.42% to Facebook FB +2.76%.

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Venture Capital in the U.S. and Europe Compared

Venture Capital in the U.S. and Europe Compared

Following up on the European second quarter tech funding data we reported earlier in the week, we have had a look at the comparable data for the U.S. and some interesting, and stark, comparisons emerge.

While inevitably Europe does not compare favorably with the U.S. in a like-for-like comparison, there are signs that things are getting better in Europe, as we reported. Unfortunately, as the data show, while Europe is improving, the gap between Europe and the U.S. is widening.

Once again, while Dow Jones VentureSource reports on all industrial sectors, in this report we have just looked at three sectors that are the most tech heavy: business and finance, information technology and consumer services.

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Why NY Venture Capitalists Should Pay Attention To Foreign Tech Startups

Why NY Venture Capitalists Should Pay Attention To Foreign Tech Startups

I’ve written about the Series A Crunch, and why entrepreneurs can and should consider alternative sources of funding – with a big focus on investment crowdfundingto kickstart the startup’s growth. Securing funding is a constant challenge that many entrepreneurs in the US face these days. Yet, the challenge for foreign tech entrepreneurs is even greater. As innovation becomes a global phenomenon with accelerators, incubators, micro-VCs and seed funds popping up all over the world to jumpstart entrepreneurship, one would expect the distribution of capital to reflect that. However, this is not the case.

Historically, many international entrepreneurs and startups have expanded their operations to Silicon Valley. Being a mature ecosystem, the focus in the Valley is on creating great companies, no matter their origin. This is one of the reasons it’s such a unique place. In fact, the experience and network created in the Valley is so great that it made countries like Canada, Britain and Australia offer incentives for entrepreneurs willing to “pivot” and bring this culture and their startups “home”, so they can create their own versions of Silicon Valley.

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The Daily Startup: Fashion Wholesale Site Joor to Expand

The Daily Startup: Fashion Wholesale Site Joor to Expand

Joor Inc. has closed $15 million in Series B funding to bolster its platform that connects fashion brands and retailers and expand its wholesale marketplace worldwide. The infusion was done at a valuation around $80 million and brings in new investor Canaan Partners as the lead backer along with Advance Publications Inc., the parent company of Condé Nast.

Veteran developers of enterprise technology for hotels have formed a new startup,StayNTouch Inc., and raised $1.6 million in seed funding for it. Concur Technologies Inc.’s CNQR +0.49% Perfect Trip Fund led the seed investment. The Maryland startup plans to use its funding to develop and launch an enterprise property-management system and a consumer-facing app by the second quarter of 2014.

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