Thermage, the anti-wrinkle company, suffers IPO bumbs — prices below forecast
Thermage, the Hayward maker of devices to treat wrinkles, priced six million common shares in its IPO at $7 per share, to raise $42 million.
It had originally wanted to raise $86 million, but lowered its pricing plans, first to between $11 and $13, but later… Continue Reading
DFJ VinaCapital launches $50M tech and telecom fund in Vietnam
DFJ VinaCapital has launched as a $50 million venture capital fund focused on technology and privatized telecom companies in Vietnam, according to PE Week.
It is a joint venture between Vietnam-based VinaCapital and Menlo Park, Calif.-based Draper Fisher Jurvetson.
Ok, we know Vietnam is socialist, but… Continue Reading
(UPDATED) Is Vanguard falling apart? Wood leaves to join DFJ
Draper Fisher Jurvetson has hired away Don Wood from Vanguard Ventures, to help DFJ develop its global network of affiliate funds.
The move is another blow to Vanguard, a 25-year-old Silicon Valley venture capital firm. Wood had been one of the firm’s three remaining partners, after… Continue Reading
PicksPal, an “American Idol” for sports fans, raises $6 million (and Yardbarker mention)
PicksPal.com, a Mountain View start-up that lets sports fans show their prowess at calling sport event outcomes, has raised $6 million from two Silicon Valley venture capital firms.
PicksPal wants to be the “American Idol” of sports games. It is just the lastest online sports site… Continue Reading