High-tech Israeli start-ups, fleeing the country to sell shares abroad at the fastest pace in six years, should be offered tax breaks and a reduction in bureaucracy to keep them home, a government panel said.
Nutanix Inc., a maker of software and hardware for data centers, closed a $101 million funding round today, a move that could lead to a share sale as soon as the end of 2014, said Chief Executive Officer Dheeraj Pandey.
Groupon Inc. backers Battery Ventures and Andreessen Horowitz have divested their stakes in the daily-deal website, joining a group of early investors who have sold the stock and added pressure to slumping shares.
Venture firms such as New Enterprise Associates and Accel Partners are stepping up investment in e- commerce as shoppers increasingly turn to niche websites for custom-made clothes at prices that undercut department stores.
There’s more at stake in Twitter Inc.’s initial public offering than just shares held by employees and investors. The performance will influence how Silicon Valley’s dealmakers value emerging Web startups.