Local game company lands big deal
Video game company Turbine Inc. gained a distribution partnership with Warner Bros. Interactive Entertainment, the company said Thursday.
Archive for July, 2008
Does America Have a Case of Wealth Envy?
In writing about ?Unhappy America,? the Economist made the following point about inequality and the rich:
?Many Americans feel as if they missed the boom. Between 2002 and 2006 the incomes of 99% rose by an average of 1% a year in real terms, while those of the top 1% rose by 11% a year; three-quarters [...]
Corporate Venture Capital
The news this morning is that Google is seriously considering entering the venture capital business. They bring a lot to the table for sure. But as Jessica Vascellaro points out in here WSJ piece (which is what I linked to):…
How to Pose as a Rockefeller
News of a Rockefeller imposter kidnapping his daughter marks the second ?Rockephony? to hit New York in five years.
“Clark Rockefeller,” who used at least four aliases, kidnapped his daughter and is now believed to be on the lam in a 72-foot-yacht off the East coast. This follows the exploits of Christopher Rocancourt, the French faux-ristocrat [...]
MyYearbook gets $13M in financing
MyYearbook.com said Wednesday it has landed a $13 million second-round venture-capital financing.
MyYearbook gets $13M in financing
MyYearbook.com said Wednesday it has landed a $13 million second-round venture-capital financing.
Brief Thoughts On How The IBM Acquisition Machine Works
The NY Times has a great short article up titled The I.B.M. Acquisition Machine: A Seller’s Perspective. It has several quotes from Pierre Haren, the co-founder of CEO of Ilog which IBM acquired on Monday for $340 million.
I’ve been involved in the sale of two companies to IBM. While a brief article, the comments Haren makes ring 100% true with my experience.
Smart Move
My friend Eric is in town and we are going to see some live music tonight. After spending some time on Hype Machine this morning, I decided we’d go see Tilly and the Wall at Bowery Ballroom. When I went…
New Park Space Opens Up
It happens so rarely in NYC that when it does, I always get excited. A whole swath of new park space opened up this past week on the Hudson River Park between Laight Street and Houston Street, just south of…
Wealthy Investors Cling to Hedge Funds
Despite all the bad press about hedge-fund performance recently, a Bank of America survey found that hedge funds are still popular with the rich.
The survey, of 400 clients with $3 million or more in investible assets, found that more than half of those with hedge-fund investments were ?satisfied? with the funds’ performance.
That compares with an [...]