Roundup: DFJ’s fund target cut, VC cleantech shift, and more

May 11, 2009 | Eric Eldon | Comments |
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Here’s the latest action:

Draper Fisher Jurvetson cuts target for its tenth fund — Back in November, we wondered why Silicon Valley venture capital firm DFJ was trying to raise $600 million for its latest fund in such a tough market. Now, the firm has reduced its target to $400 million. Also, it’s offering better terms to its investors, demanding carried interest of only 20 percent, instead of 25 percent, according to Private Equity Insider.

Facebook launches friends lists for chat, instant notifications, and a developer feedback center — You can read more about them here, here and here.

EU plans to fine Intel on Wednesday for breaking European antitrust laws — Craig Barrett, the retiring chairman of Intel, said the EU is protecting competitors, rather than protecting consumers.

Within cleantech, VCs are shifting from alternative energy to energy efficiency — The New York Times has more. Meanwhile solar panel prices are falling and that’s hurting solar panel companies.

Will micro-payments for articles save journalism? — The Wall Street Journal is going to find out. Personally, if the Journal stops letting me access its articles for free via Google, then I’m going to stop linking to it completely.

MySpace has some layoffs — TechCrunch has more.

Student health data stolen from UC Berkeley — CNET has more.

Stanford celebrates 100 years of entrepreneurship — More here and here from the Mercury News.

Toshiba looking for $5B after chip division losses — The Wall Street Journal has more (behind a paywall, unless you Google the headline).

New York Times releases version 2 of its AIR reader — AIR creatore Adobe’s own Serge Jespers reviews it.

Software maker rPath gets a new chief executive — It’s Michael Torto and the Triangle Business Journal has more.

SocialMedian is now Xing News — Techcrunch has more.

[Photo of Stanford via Jawed Karim.]

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About the Author, Eric Eldon

Eric currently covers digital media technology and business news, especially what's happening on social networks and their platforms. He also writes and edits stories about venture capital, and lots of other stuff, too. He started at VentureBeat in the spring of 2007, half a year or so after Matt Marshall left his reporting job at the San Jose Mercury News to found the site. Eric previously cofounded a startup called Writewith, that was building editorial software for newspapers and other groups of writers. The startup didn't work out, but he learned a lot.

  • Thanks for sharing.
  • Wall Street Journal has got to be kidding. And now Murdoch says he's goiung down the same road. WTF
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