Abound Solar Inc., a failed U.S. solar manufacturer that borrowed $70 million guaranteed by the Obama administration, received financial support from investors with connections to both Democrats and Republicans.
Dixon Doll , co-founder of venture- capital firm DCM, said he expects 80 to 85 U.S. venture-backed companies to sell shares to the public this year, up from 72 in 2010, as investor appetite for risk picks up.
Mark Zuckerberg’s majority control over Facebook Inc., a model adopted by founders of Zynga Inc. and Groupon Inc., has become the new normal in Silicon Valley as entrepreneurs’ desire to hold sway trumps shareholder power.
UBS AG and Deutsche Bank AG said they don’t owe taxes over a 2003 compensation plan U.K. authorities argue was designed to avoid millions of pounds in taxes and national insurance contributions on employee bonuses.
At a Northwestern University football game in October 2005, venture capitalist Peter Barris watched his alma mater suffer a 33-17 defeat to Michigan. The blow was softened by getting the best investment tip of his career.
Private trading that helped spur paper gains of 50 percent or more in companies such as Facebook Inc. and Twitter Inc. is raising questions about how much investors know about their financial condition.
Venture capitalists have long distinguished themselves from private equity firms, claiming that they help build companies, avoid borrowing money and pose no risk to the broader economy. Regulators now agree with them.