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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.....»»
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.....»»
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.....»»
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......»»
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.....»»
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.....»»
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.....»»
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.....»»
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.....»»
McDonald"s employees, activists protest amid sexual harassment claims
McDonald’s f.....»»
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.....»»
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......»»
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......»»
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......»»
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......»»
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......»»
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.....»»
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......»»
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......»»
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.....»»