The sad long story of Fisker Automotive, ‘the largest VC-backed debacle in U.S. history’

"Fisker spent a stunning $900,000 for each vehicle it produced," PrivCo chief executive Sam Hamadeh told me. "Then they sold them to dealers for an invoice price of just $70,000."

The 20 biggest private exits of 2012 (for the top 20 VC firms of the year)

Private company research firm Privco has ranked the top 20 merger and acquisitions of the top 20 technology VC firms of 2012, including Ancestry.com's $1.6 billion sale to private equity firm Permira and other top tech acquisitions such as Yammer, Meebo, Instagram, and NextG networks.

Facebook, Google, Groupon, and Twitter led all companies in private acquisitions in 2012

In 2012, 2,357 private technology companies were bought for a combined total of $84 billion, according to a new report from research firm PrivCo. That's slightly up 22 percent from 2011, but the real surprise is who is doing the acquiring.