Private Equity
Auto Added by WPeMatico
Rackspace to go private after $4.3B acquisition by private equity firm Apollo
Rackspace, which is still best known as a hosting company even as it has expanded aggressively into offering services for businesses that use other platforms, went public in 2008. Now, however, it’s going private again after accepting a $4.3 billion offer (or $32 per share) in cash from private equity firm Apollo Global Management. The deal is still subject to regulatory approval and… Read More
Powered by WPeMatico
Are buyouts the new IPOs?
Buyouts may replace IPOs as the exit of choice for tech companies in the coming months. This comes as the number of startups unable to exit into a frozen market continues to grow. With only two tech IPOs so far in 2016, and poor market returns for the majority of those already public, companies are turning elsewhere to cash in on their efforts. Just this week, analytics firm QLik was… Read More
Powered by WPeMatico
BigID takes $2.1M to help enterprises grok customer data privacy risks
The risks for businesses associated with storing and processing the personal data of their customers are growing as data volumes continue to increase and regulators sharpen their claws over data protection. But those risks are of course just another startup opportunity. Read More
Powered by WPeMatico
Rancher Labs raises $20M Series B round for its container management platform
Rancher Labs, a container management platform that supports both Kubernetes and Docker Swarm, today announced that it has raised a $20 million Series B round. This new funding round was led by new investor GRC SinoGreen, a Chinese private equity and venture capital fund, with participation from existing investors Mayfield and Nexus Venture Partners. This round brings the company’s… Read More
Powered by WPeMatico
When Burn Rate Outweighs Enthusiasm
Many business critics of Uber contend that the company is spending “unsustainably.” Despite that nearly all venture-backed startups burn capital unsustainably, Uber’s level of spending is viewed as particularly problematic among its naysayers. Negative press notwithstanding, Uber has now raised billions of dollars — many times over. How is this possible? Read More
Powered by WPeMatico
Utah’s Unicorns, How “Silicon Slopes” is Gaining Momentum
Four of these fabled creatures popped up along the Wasatch this last year, including Omniture founder Josh James’ business intelligence platform Domo. There’s also Pluralsight, Qualtrics and InsideSales – with several more “soonicorns” in the ready. Utah has seen the most economic growth in the nation for the past two years, with tech leading the charge. But many… Read More
Powered by WPeMatico
How To Make Calculated Decisions When Forming Your GP Entity
You just turned 30 and are either a successful entrepreneur who made a fortune developing a very popular gaming app, or you’re one of the early employees at an emerging technology company that just achieved “unicorn” status. In either scenario, you’ve made your fortune. And having reached a very important milestone in your life, you’re eager to see how the other… Read More
Powered by WPeMatico
How Early Exit Disease Stunts The Growth Of Midwest Startup Communities
There is an unnamed epidemic slowly traveling through the middle of the U.S. This epidemic goes by many names, but our venture fund refers to it as “early exit disease.” This disease spreads when founders realize sub-$20 million exits. Many of these exits could have grown much larger. Instead, early exits have been quietly devastating the Midwest region’s startup… Read More
Powered by WPeMatico
Informatica Could Feel A Tight Squeeze From Its New Owners
Informatica was sold yesterday to private equity firm, Permira and The Canada Pension Plan Investment Board, a rather strange mix of investors. The selling price was $5.3B and published reports suggest that it might not have been Informatica’s wish to be sold.
What’s done is done, however, and the question is can this profitable company stay that way owned by a traditionally… Read More
Powered by WPeMatico