April 14, 2010
Share The National Venture Capital Association recently released data highlighting that Q1 2010 VC fund raising dropped 31% from Q1 2009, to $3.6 billion. Upon reviewing the data, technology blog TechCrunch wrote that “Until exits pick up again, investors will remain cautious on venture capital as an asset class.” First, let’s take a look at the [...]
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April 12, 2010
Share Russia’s Digital Sky Technologies (DST) has announced that China’s leading social gaming company, Tencent Holdings (0700.HK) has invested $300 million into DST. Tencent will receive 0.51 percent of the voting rights in DST, which will be paid in cash, and give Tencent approximately a 10.26% economic interest in DST upon completion of the transaction [...]
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