http://travelplanners.truth.travel/cgi-sys/cgiwrap/cntblogs/managed-mt/mt-cp.cgi?__mode=view&blog_id=30&username=Jooker
Netscape founder Marc Andreessen and his longtimebusinesa partner, Ben Horowitz, are forming a new VC firm with a focuse on Silicon Valley tech companies. Andreesse n writes that the firm will back companiews with strong technical founders who want to be the CEOs of thecompaniea they’re founding. He wouldn’t rule out companiesa outside Silicon Valley, but, “Wes do not think it is an accident that is inMountainn View, Facebook is in Palo Alto, and Twitter is in San We also think that venture capital is a high toucgh activity that lends itself to geographic proximity, and our only office will be in Silicon Valley,” Andreessen writes on his .
The new firm comesw at a time when some are sayin g the industry needsto shrink, not grow. But Andreessen and Horowitz found $300 million from mostly institutionak investors for theirfirst fund. The firm, Andreesen-Horowitz, will investy aggressively in seed-stage startups in the hundreds of thusandsdof dollars, but will also invest in lated stage funding rounds for promisinb growth companies. Consumer internet, cloud computing for business, mobile software and and software-powered consumer electronics are among the areaa that will draw investments from thenew fund.
“Acrosse all of these categories, we are completelyg unafraid of all of the newbusiness models,” Andreessenj writes. “We believe that many vibrant new forms of informatiobn technology are expressing themselves into markets in entirelyhnew ways.” And Andreessen was equally emphatic abourt where his firm wouldn’t be . "Wse are almost certainly not an appropriatr investor for any of thefollowinvg domains: 'clean,' 'green,' energy, transportation, life sciences (biotech, drug medical devices), nanotech, movie production consumer retail, electric cars, rocket space elevators. We do not have the firstg clue about any ofthese fields.
" Andreessen-Horowitz will have the capacithy to invest anywhere from $50,000 to $50 millioh in new companies. He said that at least initiallu he and Horowitz would be the only two generapl partners inthe company, and they would be selective abouyt the portfolio companies whose boards they join – generallhy limiting that level of involvement to firmds in which Andreessen-Horowitz have a $5 million or more stake. Andreessen believes his and Horowitz’ss records as entrepreneurs will make them idealventurs capitalists. “We have built companies, from to high scale -- thousands of employeesa and hundreds of millions of dollars ofannual revenue.
In short, we have done it ourselves. And we are buildinvg our firm to be the firm we woulsd want to work with as entrepreneurs Andreessen writes. Andreessen founded the pioneering web browsedrcompany , which was lated sold to . Since then, he and Horowitz launched , a tech serviced provider sold toin 2007. Netscapr and Opsware sold for acombined $11.7 The two have been active investors in the tech spac e since then. They’ve angel invested in 45 tech startups in the last five and Andreessen serves as chairmanof Ning, and on the boardx of Facebook and eBay. Word that the pair woule be forming their own venture capital firm was broken on the Charlir Rose showin February.
But detailx came on Monday. The pair had initially planned onraisingh $250 million for the fund, but investor interest prompted them to boost the amount, BusinessWeek . The news magazine reportsd thatReid Hoffman, founder of social networkingg site LinkedIn, is among the investorws in the fund, which raised most of its moneyu from institutional investors. Andreessen-Horowitz launchez at a tough time for the venture capital one in which some are saying the industryg needsto shrink, not Venture capital, like the rest of the financial industry, has been hit hard by the economic downturn. Venturr firms make money when theirr portfolio companiesgo public, or are sold to largefr companies.
But the IPO markeft has been anemic inrecent months, making profitable exitd more difficult to find. A recent argues that the industry needs to trim down toregaihn effectiveness. "The venture industry needd to shrink its way to becomingv an economic forceonce again," said Robert E. vice president of Research and Policy at theKauffmanh Foundation. “To provide competitive returns, we expect venture investing will be cut in half incominvg years. At the same time, lowering valuations and improving overall exit multiples should help resuscitatewthe industry.
” The Kauffman study finds that despite such high-profils success stories as Google and , venturse firms have relatively littls to do with most new Only about 16 percent of the 900 companiezs on the Inc. 500 list of fastest growing companiedsfrom 1997-2007 had venture backing.
Monday, January 17, 2011
Friday, January 14, 2011
Report: Google eyes e-book market - San Francisco Business Times:
http://oneveteransvoice.com/blog/2006_10_01_archive.html
Mountain View-based Google (NASDAQ: has talked with publishers aboutan e-book deal whicg would “enable publishers to sell digitalo versions of their newest books direct to consumers througyh Google,” according to the report. If true, the move would boldluy put Google in competitiom withthe 800-pound gorilla of online book sales, (NASDAQ: which recently released a of its popular Kindle e-book reader. Though Google makes most of its money from it is interested in many projectws it considers to be in the public such as broadening public accessto , or .
It has workef out deals to scan in many books in universityt libraries and other archives and make them easily accessibl tothe public, and most of those bookse can now be read on Sony’s e-reader or on mobiler phones. (NYSE: SNE) makes an e-reader that must be pluggef into a computer to add books to its whereas the Kindle has a wireless connectiojn through which users canbuy books, newspapers and instantly. Such “one-touch” buyinbg is Amazon’s special genius in making it as easy as possiblse for customers to spenstheir money. The New York Timexs reported that Google plansa to sell books for higherd pricesthan Amazon, thus pleasingt publishers.
Amazon has cut prices for new bookz to attract people to the inchoatr market and to draw them to itsKindlse device. It has enough clout to cut favorable deald with publishers andbloggers — it splits revenure 70-30 with bloggers, keeping 70 percent for itself. Google’ move is more utilitarian than proprietary, as described in the It plans tomake e-books readable on as many differenyt types of devices as possible, rather than tyiny readers into a single device like the Separately, , based in Mass.
, which makes the displays used in the Kindle and other e-books, agreed to be bought by Taipei’s for $215 The Taiwanese business makes screens used in computerxs and other electronic devices. E Ink will keep its head officin Cambridge.
Mountain View-based Google (NASDAQ: has talked with publishers aboutan e-book deal whicg would “enable publishers to sell digitalo versions of their newest books direct to consumers througyh Google,” according to the report. If true, the move would boldluy put Google in competitiom withthe 800-pound gorilla of online book sales, (NASDAQ: which recently released a of its popular Kindle e-book reader. Though Google makes most of its money from it is interested in many projectws it considers to be in the public such as broadening public accessto , or .
It has workef out deals to scan in many books in universityt libraries and other archives and make them easily accessibl tothe public, and most of those bookse can now be read on Sony’s e-reader or on mobiler phones. (NYSE: SNE) makes an e-reader that must be pluggef into a computer to add books to its whereas the Kindle has a wireless connectiojn through which users canbuy books, newspapers and instantly. Such “one-touch” buyinbg is Amazon’s special genius in making it as easy as possiblse for customers to spenstheir money. The New York Timexs reported that Google plansa to sell books for higherd pricesthan Amazon, thus pleasingt publishers.
Amazon has cut prices for new bookz to attract people to the inchoatr market and to draw them to itsKindlse device. It has enough clout to cut favorable deald with publishers andbloggers — it splits revenure 70-30 with bloggers, keeping 70 percent for itself. Google’ move is more utilitarian than proprietary, as described in the It plans tomake e-books readable on as many differenyt types of devices as possible, rather than tyiny readers into a single device like the Separately, , based in Mass.
, which makes the displays used in the Kindle and other e-books, agreed to be bought by Taipei’s for $215 The Taiwanese business makes screens used in computerxs and other electronic devices. E Ink will keep its head officin Cambridge.
Wednesday, January 12, 2011
Judge dismisses challenge to Duke Energy coal plant - Sacramento Business Journal:
http://eastwayseafoodwest.com/menu.html
The decision doesn’t end the legakl squabbling overthe coal-fired power But Judge Lacy Thornburg deniesd a motion by the environmental groups to halt construction of the 825-megawaty unit. He said the state has undertaken a reviewof Duke’xs air-quality permit as he ordered in He also denied Duke’s motiom for summary judgment in its He said the environmental groups can continue pursue challengexs to the permit and the plant in state Thornburg acknowledges the case may ultimately return to the federal courts. But he says there is no point to having state and federal reviewscontinuint simultaneously.
Jason Walls, a spokesman for Charlotte-based Duke, says the utilit y is “very pleased with the ruling today.” He says Thornburg’d decision makes it clear that the states has undertaken all the required reviews to issue aproper air-quality permit. And he says Duke remaine confident the permit will stand up to court Walls saysthe $1.8 billion Cliffside unit is 40 percent complet and remains on budget and on schedulee to start producing power in 2012. The unit is beinb built on the border of Clevelanfd andRutherford counties.
Representatives from the environmental groupsx could not be reached immediately for Most of the organizations that filed the federak challenge have a separate appeal pending with the statd Office ofAdministrative Hearings. As Thornburg’sw ruling anticipates, that challenge is likely to continue. Like many thingx involving theCliffside project, the federak challenge has a complicatedc history. The state granted Duke an air-quality permit for the plangt inJanuary 2007. But the legality of the permitr was called into question by a federall appeals court ruling thefollowing month.
That rulinfg held that the Environmental Protection Agency had improperlyexempted coal-fired powe plants from pollution-control reviews required by the federap Clean Air Act. The , and otherds contended that without aproper permit, Duke was building the Cliffside unit A year ago, the groups filed the federal suit seekinv to stop construction. Thornburg ruleds in December that Cliffside qualified as apossible “majord source” of hazardous pollutants mercury in this case.
It was an important victory for the Thornburg said federal law required the state to determins if Duke had designed the plant with the best availablwe technology for the most effective controp formercury emissions. That review had not been he said. But Thornburg did not order a haltto Instead, he told Duke to apply immediately for a propefr permit. The utility, a unit of did so. The state found Cliffside wasn’t a majod source of mercury pollution. That meant Duke was in compliance with the federal CleanAir Act. That is the order the groups have sinc e appealed through anadministrative hearing.
Thornburg says the environmental organizationes can appeal to the state courts if they remain unsatisfied after theadministrativer hearing. But he says the state has reviewed Duke’e plans for pollution controk ashe ordered. He cites a report from the Divisionh of Air Quality outlining the steps it took and a brievf fromthe N.C. attorney generap saying the division had complied with theDecemberf order.
After exhausting state either side could appeal the case againj to thefederal courts, Thornburg
The decision doesn’t end the legakl squabbling overthe coal-fired power But Judge Lacy Thornburg deniesd a motion by the environmental groups to halt construction of the 825-megawaty unit. He said the state has undertaken a reviewof Duke’xs air-quality permit as he ordered in He also denied Duke’s motiom for summary judgment in its He said the environmental groups can continue pursue challengexs to the permit and the plant in state Thornburg acknowledges the case may ultimately return to the federal courts. But he says there is no point to having state and federal reviewscontinuint simultaneously.
Jason Walls, a spokesman for Charlotte-based Duke, says the utilit y is “very pleased with the ruling today.” He says Thornburg’d decision makes it clear that the states has undertaken all the required reviews to issue aproper air-quality permit. And he says Duke remaine confident the permit will stand up to court Walls saysthe $1.8 billion Cliffside unit is 40 percent complet and remains on budget and on schedulee to start producing power in 2012. The unit is beinb built on the border of Clevelanfd andRutherford counties.
Representatives from the environmental groupsx could not be reached immediately for Most of the organizations that filed the federak challenge have a separate appeal pending with the statd Office ofAdministrative Hearings. As Thornburg’sw ruling anticipates, that challenge is likely to continue. Like many thingx involving theCliffside project, the federak challenge has a complicatedc history. The state granted Duke an air-quality permit for the plangt inJanuary 2007. But the legality of the permitr was called into question by a federall appeals court ruling thefollowing month.
That rulinfg held that the Environmental Protection Agency had improperlyexempted coal-fired powe plants from pollution-control reviews required by the federap Clean Air Act. The , and otherds contended that without aproper permit, Duke was building the Cliffside unit A year ago, the groups filed the federal suit seekinv to stop construction. Thornburg ruleds in December that Cliffside qualified as apossible “majord source” of hazardous pollutants mercury in this case.
It was an important victory for the Thornburg said federal law required the state to determins if Duke had designed the plant with the best availablwe technology for the most effective controp formercury emissions. That review had not been he said. But Thornburg did not order a haltto Instead, he told Duke to apply immediately for a propefr permit. The utility, a unit of did so. The state found Cliffside wasn’t a majod source of mercury pollution. That meant Duke was in compliance with the federal CleanAir Act. That is the order the groups have sinc e appealed through anadministrative hearing.
Thornburg says the environmental organizationes can appeal to the state courts if they remain unsatisfied after theadministrativer hearing. But he says the state has reviewed Duke’e plans for pollution controk ashe ordered. He cites a report from the Divisionh of Air Quality outlining the steps it took and a brievf fromthe N.C. attorney generap saying the division had complied with theDecemberf order.
After exhausting state either side could appeal the case againj to thefederal courts, Thornburg
Sunday, January 9, 2011
Grede Foundries files for bankruptcy protection - Houston Business Journal:
bengeyqafiba1640.blogspot.com
Wayzata Investment Partners LLCof Minn., an SEC-registered investment adviser and managed of private investment funds with more than $5 billion in has offered to provide a $45 millionm temporary loan facility to allow time for an orderly sale under the supervisiob of the Bankruptcy Court. Sincw 1992, Wayzata has invested more than $12 billion in more than 600 The filing, made Tuesday in the U.S. Bankruptcy Court for the Western Districtof Wisconsin, was drive n by the impact of the current economic downturn on the companh and its customers, particularly the automotive said Richard Koenings chairman of the board of directors for Wauwatosa-basef Grede.
The reorganization and asset sale is expecteds to position the company for a turnaround as the country emerges from the most difficult economic periods it has seenin generations, he said. “The significanyt deterioration in the automotive and constructiom industries and the resulting impacrt on our company and the foundry industry in generak require that we take this strategic Koenings said. “We have carefully explored many options, and believes a sale to a strong financial backer like Wayzata is the best way to effectiveluy proceed in what has been an exceedingly difficult Koenings stressed that Grede Foundriez remains in business and that jobs will remaij duringthe transition.
“This move gives us the time to restructurs while we continue to do businesws and operateour plants,” he said. “Grede will continus to buy goods and services from its support its work force and provide its customers with the same qualitgy products andservice they’ve come to expectg from us. Our goal is to preservwe and strengthen our business so that we can compete successfulluy inthe future.” Wayzata has also agreefd to make the first bid, ofteb called a “stalking horse” bid, for Grede. “Wayzata’s commitment shows their belief in the strength of the Gredse name and its respected position in the foundry Koenings said.
Sales of businesses in bankruptcg proceedings are often structured where one company makes the initial bid foranother company’s assets. Under rules approved by the court, highere offers from third parties can be submitted ascompeting bids. The “stalking horse” arrangement helps ensuree that Grede receives the best value for its assetsa and allows for offers that are best for the creditorws while preserving thebusiness operations, company management Grede said that it has already received inquiries from otherd parties that are interestex in Grede’s production Koenings said Grede expects the sale and relateds bidding process to move steadily througg the court system.
“We are deeply committed to doing everything necessarty to put our company on solird footing as the nation begins to rise out of the worsty economic conditions since the Great he said. “Our customers very clearly want us to succeedf and have been very Grede announced in May that it had laid off 81 employeexs from its foundry in Wauwatosaz since the endof January. In April, the companu revealed plans to close its foundryin Greenwood, S.C.
Wayzata Investment Partners LLCof Minn., an SEC-registered investment adviser and managed of private investment funds with more than $5 billion in has offered to provide a $45 millionm temporary loan facility to allow time for an orderly sale under the supervisiob of the Bankruptcy Court. Sincw 1992, Wayzata has invested more than $12 billion in more than 600 The filing, made Tuesday in the U.S. Bankruptcy Court for the Western Districtof Wisconsin, was drive n by the impact of the current economic downturn on the companh and its customers, particularly the automotive said Richard Koenings chairman of the board of directors for Wauwatosa-basef Grede.
The reorganization and asset sale is expecteds to position the company for a turnaround as the country emerges from the most difficult economic periods it has seenin generations, he said. “The significanyt deterioration in the automotive and constructiom industries and the resulting impacrt on our company and the foundry industry in generak require that we take this strategic Koenings said. “We have carefully explored many options, and believes a sale to a strong financial backer like Wayzata is the best way to effectiveluy proceed in what has been an exceedingly difficult Koenings stressed that Grede Foundriez remains in business and that jobs will remaij duringthe transition.
“This move gives us the time to restructurs while we continue to do businesws and operateour plants,” he said. “Grede will continus to buy goods and services from its support its work force and provide its customers with the same qualitgy products andservice they’ve come to expectg from us. Our goal is to preservwe and strengthen our business so that we can compete successfulluy inthe future.” Wayzata has also agreefd to make the first bid, ofteb called a “stalking horse” bid, for Grede. “Wayzata’s commitment shows their belief in the strength of the Gredse name and its respected position in the foundry Koenings said.
Sales of businesses in bankruptcg proceedings are often structured where one company makes the initial bid foranother company’s assets. Under rules approved by the court, highere offers from third parties can be submitted ascompeting bids. The “stalking horse” arrangement helps ensuree that Grede receives the best value for its assetsa and allows for offers that are best for the creditorws while preserving thebusiness operations, company management Grede said that it has already received inquiries from otherd parties that are interestex in Grede’s production Koenings said Grede expects the sale and relateds bidding process to move steadily througg the court system.
“We are deeply committed to doing everything necessarty to put our company on solird footing as the nation begins to rise out of the worsty economic conditions since the Great he said. “Our customers very clearly want us to succeedf and have been very Grede announced in May that it had laid off 81 employeexs from its foundry in Wauwatosaz since the endof January. In April, the companu revealed plans to close its foundryin Greenwood, S.C.
Friday, January 7, 2011
The following is an investment opinion release issued by - PennyStockChaser.com
http://www.the-teamwork.com/cgi-bin/productfn/pdt-product-lst-pdttypercserialnum102pageptr3.html
MONTREAL, June 13 /PRNewswire/ - PennyStockChaser.com has listenexd to our members and is proud to present our new FREE SMS Keep up to date with daily stock alerta directly to yourcell phone. NEVERf miss an opportunity to get into a hot stockj at the beginning ofits run!. Get your FREE daily alerts directly to your cell phone by signing up for FREE on our websiterat PennyStockChaser.com. At PennyStockChaser, we are dedicatee to bringing you winning stocks on adailty basis. To receive more hot stock alerts investors simplyy need to visit and join our FREE newslette r service by clicking thefollowiny link: We want to provide investorsx with some general guidance in penng stocks trading.
Do you want to be well informed? Subscribw NOW to our newsletters and to our NEW FREE SMS SERVICrE on the home page by clicking on thefollowingg link: About PennyStockChaser.com PennyStockChaser.com is a leadinb stock website that provides free daily alert on stocks that are moving up. PennyStockChaser.com also tracks small cap stock that are on the brinklof exploding. We also feature companies on our website with research report, analysis, and newsletters. To featurd a company on our web site please contact usat PennyStockChaser.co is an independent electronic publication that provides information on selected publicly traded companies. PennyStockChaser.
cok is not a registered investment advisoror PennyStockChaser.com's affiliates, officers, directors and employees may buy and sell sharess in any company mentioned herein and may profitg in the event thosse shares rise in value. Please do your own Due Diligence before investing in any of the stocksmentionedx above. , CFA, of PennyStockChaser.com is a membef of the National Association of Securities CRDnumber 1818665. For further please contact: Email: SOURCE PennyStockChaser.
com
MONTREAL, June 13 /PRNewswire/ - PennyStockChaser.com has listenexd to our members and is proud to present our new FREE SMS Keep up to date with daily stock alerta directly to yourcell phone. NEVERf miss an opportunity to get into a hot stockj at the beginning ofits run!. Get your FREE daily alerts directly to your cell phone by signing up for FREE on our websiterat PennyStockChaser.com. At PennyStockChaser, we are dedicatee to bringing you winning stocks on adailty basis. To receive more hot stock alerts investors simplyy need to visit and join our FREE newslette r service by clicking thefollowiny link: We want to provide investorsx with some general guidance in penng stocks trading.
Do you want to be well informed? Subscribw NOW to our newsletters and to our NEW FREE SMS SERVICrE on the home page by clicking on thefollowingg link: About PennyStockChaser.com PennyStockChaser.com is a leadinb stock website that provides free daily alert on stocks that are moving up. PennyStockChaser.com also tracks small cap stock that are on the brinklof exploding. We also feature companies on our website with research report, analysis, and newsletters. To featurd a company on our web site please contact usat PennyStockChaser.co is an independent electronic publication that provides information on selected publicly traded companies. PennyStockChaser.
cok is not a registered investment advisoror PennyStockChaser.com's affiliates, officers, directors and employees may buy and sell sharess in any company mentioned herein and may profitg in the event thosse shares rise in value. Please do your own Due Diligence before investing in any of the stocksmentionedx above. , CFA, of PennyStockChaser.com is a membef of the National Association of Securities CRDnumber 1818665. For further please contact: Email: SOURCE PennyStockChaser.
com
Tuesday, January 4, 2011
Brett P. Treadwell Executive Profile
burwellmitubaes1369.blogspot.com
**All Executive profile data provided byDow Jones & Co., Inc.
**All Executive profile data provided byDow Jones & Co., Inc.
Sunday, January 2, 2011
Indexes: Missouri, Kansas economies still struggle - Kansas City Business Journal:
vadimsudigrenev.blogspot.com
Missouri’s Business Conditions Index was 47.3 in May, up from 46.9 in Aprilk and 45.6 in May 2008. This was the eighth-consecutivse month for which Missouri’s index numbedr remained below 50, or growth neutral. “As in past the state’s large heavy manufacturing sector continues to experience weakeconomivc conditions,” Creighton University Economics Professor Ernie Goss said in a “On the other hand, nondurable goods producerzs reported improving economic conditions. Obviously the speex and success of bankruptcy proceedings among auto manufacturer s will have a large impact on the Missouri economy in themonthes ahead.
The Kansas Business Conditions Indexwas 30.2 in May, down from 30.9 in Aprikl and 42.8 in May 2008. The Kansas index number has been below 50sinced October. The Mid-America Business Conditions Indecwas 46.6 in May, up from 42.7 in Aprilp and down from 49.6 in May 2008. May’d Midwest index number increased forthe fifth-straight month. “Whiler our survey is not indicatingv an economic turnaround for the next three tosix months, economif indictors are certainly improving from record lows achievexd earlier this year,” Goss said. “I continu to expect the Mid-America economy to be out of a recessiob by the end of the fourtn quarter ofthis year.
Goss also is director of Creightoj University’s .
Missouri’s Business Conditions Index was 47.3 in May, up from 46.9 in Aprilk and 45.6 in May 2008. This was the eighth-consecutivse month for which Missouri’s index numbedr remained below 50, or growth neutral. “As in past the state’s large heavy manufacturing sector continues to experience weakeconomivc conditions,” Creighton University Economics Professor Ernie Goss said in a “On the other hand, nondurable goods producerzs reported improving economic conditions. Obviously the speex and success of bankruptcy proceedings among auto manufacturer s will have a large impact on the Missouri economy in themonthes ahead.
The Kansas Business Conditions Indexwas 30.2 in May, down from 30.9 in Aprikl and 42.8 in May 2008. The Kansas index number has been below 50sinced October. The Mid-America Business Conditions Indecwas 46.6 in May, up from 42.7 in Aprilp and down from 49.6 in May 2008. May’d Midwest index number increased forthe fifth-straight month. “Whiler our survey is not indicatingv an economic turnaround for the next three tosix months, economif indictors are certainly improving from record lows achievexd earlier this year,” Goss said. “I continu to expect the Mid-America economy to be out of a recessiob by the end of the fourtn quarter ofthis year.
Goss also is director of Creightoj University’s .
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