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Warren "Pete" Musser, legendary tech investor and philanthropist, dies at 92

Legendary Philadelphia investor and philanthropist Warren V. "Pete" Musser has died. Safeguard Scientifics, the Radnor venture capital investment firm Musser founded in 1953, confirmed his death Monday evening. "Today we mourn the loss of Safegu.....»»

Category: topSource: bizjournalsNov 25th, 2019

USA Technologies sued by its largest shareholder amid proxy fight

USA Technologies has been sued by its largest investor, which claims it has been deprived of the right to call a special shareholders meeting before the company’s next annual meeting. Filed in the Court of Common Pleas of Chester County, New York-bas.....»»

Category: topSource: bizjournalsNov 18th, 2019

JLL seeking buyers for boutique office with Uber, Revolution among tenants

Commercial real estate firm JLL (NYSE: JLL) is seeking buyers for 1717 Rhode Island Ave. NW, a boutique office building next to the historic St. Matthew's Cathedral and leased to the likes of car-sharing service Uber Technologies Inc. and venture capital.....»»

Category: topSource: bizjournalsOct 10th, 2019

Overstock Class Action Claims SEC Blocked Firm’s Digital Dividend Lockup

An investor has launched a class action against Overstock and two former execs, claiming securities violations involving the firm's digital dividend......»»

Category: forexSource: coindeskSep 30th, 2019

HSBC upgrades Uber and Lyft to Buy amid "more sour" investor sentiment

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallSep 16th, 2019

Meet Canopy Rivers" New Strategic Advisory Board

Canopy Rivers Inc (OTC: CNPOF) (TSX: RIV), a venture capital firm specializing in cannabis, which counts Canopy Growth Corp (NYSE: CGC) as its largest investor, announced this week the first three members of its Strategic Advisory Board. read more.....»»

Category: blogSource: benzingaSep 12th, 2019

Tesla Autopilot chief decamps for VC world amid Elon Musk"s Autopilot restructuring

Tesla’s head of Autopilot has left for a job at Menlo Park venture capital firm Greylock Partners, possibly amid a reported dispute with Elon Musk over Musk’s timeline for achieving fully self-driving cars. Stuart Bowers left his role as vice.....»»

Category: topSource: bizjournalsAug 22nd, 2019

How This Investor Passed On 100,000% Returns

Imagine deciding to sit out on an investment that ended up yielding 100,000% returns. Those five zeros are not typos, and that scenario is no hypothetical: just ask John Doerr, the chairman of the venture capital firm Kleiner Perkins. read more.....»»

Category: blogSource: benzingaJul 25th, 2019

Chicago biotech sues Third Rock, bluebird bio CEO over gene therapy license

A Chicago biotech claims in a new lawsuit that Cambridge venture capital firm Third Rock Ventures and bluebird bio CEO Nick Leschly worked to hinder its drug development efforts so it could more easily obtain a key part of its intellectual property. E.....»»

Category: topSource: bizjournalsJun 13th, 2019

McDonald"s employees, activists protest amid sexual harassment claims

McDonald’s f.....»»

Category: topSource: moneycentralMay 22nd, 2019

Midas VC Mary Meeker raises $1.25B as she pulls away from Kleiner

Top-ranked venture investor Mary Meeker has $1.25 billion in capital commitments for the first fund at her new firm, Bond Capital. Meeker spun the San Francisco-based firm out of Kleiner Perkins last year as new partners Mamoon Hamid and Ilya Fus.....»»

Category: topSource: bizjournalsApr 25th, 2019

Lyft shares soar on Nasdaq debut, setting stage for Uber

Lyft Inc's shares opened up more than 20 percent in their market debut on Friday, giving the ride hailing startup a market value of more than $27 billion, amid strong investor demand that bodes well for larger rival Uber Technologies Inc......»»

Category: topSource: reutersMar 29th, 2019

Saudi venture fund STV says Uber deal with Careem to help Mideast ride hailing firm grow

Saudi Technology Ventures (STV) said on Tuesday Uber's deal with Careem will help the Middle East ride hailing firm expand its customer base even further and continue to develop the regional economy......»»

Category: topSource: reutersMar 26th, 2019

Ride-hailing firm Lyft launches IPO road show in Uber"s shadow

Lyft Inc kicked off the investor road show for its initial public offering on Monday, targeting a valuation of up to $23 billion and seeking to woo money managers before larger ride-hailing rival Uber Technologies Inc goes public in April......»»

Category: topSource: reutersMar 18th, 2019

Ride-hail firm Lyft launches IPO road show in Uber"s shadow

Lyft Inc on Monday kicked off the investor road show for its initial public offering (IPO), seeking to woo money managers before its bigger ride-hailing rival Uber Technologies Inc makes its stock market splash in April......»»

Category: topSource: reutersMar 18th, 2019

Silicon Valley Community Foundation board hires prominent law firm, admits it "may have a larger culture issue"

After the sudden and controversial departure of its top fundraiser amid sexual harassment charges, the Silicon Valley Community Foundation’s board expanded its probe into the matter by hiring one of the nation's best-known law firms......»»

Category: topSource: bizjournalsApr 24th, 2018

Andreessen Horowitz to open new fund exclusively for cryptocurrency investments

Menlo Park-based Andreessen Horowitz is opening a new fund “focusing on crypto assets,” according to a pair of job listings the firm posted online this week. The venture firm was one of Silicon Valley’s earliest and most enthusiastic investor.....»»

Category: topSource: bizjournalsApr 24th, 2018

The Wall Street Journal: Ernst & Young partner claims company ignored sexual-harassment complaint

A tax partner at Ernst & Young LLP has filed a federal sexual-harassment complaint against the accounting firm, alleging another partner groped and assaulted her in 2015 and that the firm hasn’t taken the matter seriously......»»

Category: topSource: marketwatchApr 18th, 2018

Hedge fund Paulson & Co takes stake in Viacom amid turnaround

(Reuters) - Paulson & Co, the hedge fund firm led by billionaire investor John Paulson, has taken a stake in Viacom Inc as the U.S. media company has started to turn around its business amid a challenging landscape, Paulson told Reuters in an interview......»»

Category: topSource: reutersApr 11th, 2018

Uber scandals that drove Travis Kalanick out, not so terrible: Lawyer

Lawyer said his law firm's investigation found only a few people who wanted to come forward to say they suffered harassment at Uber.....»»

Category: topSource: business-standardApr 11th, 2018