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Venture capitalists say Romney is not one of us

When staffers at the National Venture Capital Association see a report that refers to U.S. presidential candidate Mitt Romney's investments as venture capital, they grimace -- and then contact the author to explain politely why it's wrong.


Tesla CEO sees EVs being as popular as gas-powered cars

Tesla Motors Inc Chief Executive Elon Musk on Friday made a stunning forecast: battery-powered cars will likely match the internal combustion engine in popularity by the middle of the next decade.

Surviving the investment bank "killing zone": Renaissance

Investment banking faces a shakeout and only large commercial players and boutiques offering outstanding service will survive and prosper, the head of emerging markets banking specialist Renaissance Group told Reuters.

Venture firm Kleiner moves to dismiss discrimination suit

Venture-capital firm Kleiner Perkins Caufield & Byers asked a California state court on Wednesday to dismiss a discrimination lawsuit by partner Ellen Pao.


Latest News

JP Morgan's top media sector banker Harry Hampson is to become head of the bank's Financial Sponsors Group which advises private equity firms.
Billionaire investor Carl Icahn revealed he had bought a 7.6 percent stake in Chesapeake Energy Corp and called for the natural gas producer to replace at least four directors.
In a letter to publishers and editors, Warren Buffett said Berkshire Hathaway will probably purchase more newspapers in a few years.
U.S. media executive Harry Sloan has approached private equity firm CVC Capital Partners CVC.UL to buy a controlling stake in Nine Entertainment.
Kleiner Perkins Caufield & Byers partner Ellen Pao is suing the venture capital firm alleging sexual harassment and discrimination.
Oliver Chang, head of U.S. housing strategy at Morgan Stanley is leaving his firm to start his own buy-to-rent housing fund.
British private equity firm 3i Group promoted investment chief Simon Borrows to the top job on Thursday.
Facebook co-founder Eduardo Saverin, who owns about 2% of the company, said he would relinquish his U.S. citizenship. This angered two U.S. senators.
Atlas Venture announced today that serial entrepreneur Christopher Lynch has joined its investment team.
Carolyn Mathis, Partner with Harbor View Advisors, Ponte Vedra, Florida has joined theFlorida Venture Forum’s Board of Directors.
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