As banks shed off their private equity units to comply with the Volcker Rule, the executives of these newly-independent firms will find themselves doing more travel in their search for new investors, The Wall Street Journal reported.
Industry
Crowdfunding site Kickstarter bags Best Overall Startup at 2013 Crunchies
Kickstarter, a crowdfunding site, won the "Best Overall Startup" at the 2013 Crunchies, besting other tough contenders in the category which included Uber, CloudFlare, Snapchat and Twitter, TechCrunch reported.
California's Oculus VR receives The Crunchie for being the Best Hardware Startup
Irvine, US-based startup Oculus VR took home the award for the Best Hardware Startup of the year during the 7th Annual Crunchies of TechCrunch for its breakthrough Oculus Rift VR headset.
Goldman Sachs to host 'Technology and Internet Conference' with Tech industry's biggest and brightest
The "Technology and Internet Conference" of Goldman Sachs will be launched on Tuesday, February 11, 2014 with the best companies from the public and private sector as its attendees, TechCrunch reported.
Cornell entrepreneurs, professors say no startup bubble exists
Cornell University entrepreneurs and professors don't believe that a startup bubble is in the offing, despite what finance experts say, The Cornell Daily Sun reported.
Latest News
Mutual funds managed by the biggest names in Wall Street like BlackRock, Brevan Howard and T. Rowe Price, are showing poor performance with the decline in the emerging markets, an analysis from Reuters said.
HealthTech Capital Founder and veteran venture capitalist Anne DeGheest warns that there is a bubble forming in information technology for the healthcare industry in an interview with The Wall Street Journal's blog Venture Capital Dispatch.
Venture capitalists seem to be gearing up for a very hectic year as they poured $5.8 billion in new companies in January, representing an increase to the $3.5 billion made last year, TechCrunch reported.
African mineral exploration activity is poised to drop by 15% to 20% in 2014 as sources of funding have dried up due to difficult economic problems, according to David Cox, senior sales executive of SNL Metals Economic Group.
University of North Carolina Professor Gregg D. Polsky wrote in the February 3 edition of Tax Notes that payments given by companies to their private equity owners are not characterized properly for tax purposes, The New York Times The Dealbook reported.
U.S. stocks slumped on Monday, with the S&P 500 suffering its worst drop since June, after weaker-than-expected data on the factory sector in the world's largest economyprovided investors with the latest reason to move away from riskier assets.
According to a report on Benzinga by Tim Melvin, individual investors may want to heed to private equity firms' strategies with regard to investing assets, citing the industry's record gains it posted last year.
Social media giant finally rolled out its Graph Search feature to mobile devices one year after it was introduced, to give users an easier way to mine data and achieve cleaner results from a random set of words used in the search.
Facebook is looking to steal the "second screen" crown from Twitter as the two social giant networks scramble to offer the best coverage of the National Football League (NFL) teams' clashes in the Super Bowl XLVIII.
