Tag: corporate finance
Alphabet grew more than expected in Q1, but its ad business saw “significant slowdown” in March
Today after the bell, Alphabet, parent company of Google, reported its Q1 2020 performance. The company’s $41.16 billion in revenue for the three-month period came in ahead of expectations, besting analyst estimates of $40.33 billion. However, its earnings per share came in under expectations, with the street anticipating $10.38 in…
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Digging into Europe’s Q1 venture results
Q1 was alright. Q2 and Q3 are going to suffer. Alex Wilhelm 7 hours Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re taking a look at a bit of data on the European venture capital scene…
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Punitive liquidation preferences return to VC — don’t do it
Emergency bridge convertible notes create severe disincentives for new investors Pascal Levensohn 7 hours Pascal Levensohn Contributor Pascal Levensohn is a San Francisco-based venture capitalist with over 22 years of VC experience through Levensohn Venture Partners and Dolby Family Ventures. He is a former director of the National Venture Capital…
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Don’t apply for a PPP loan unless your affiliation issues are resolved
Take a closer look at the protective covenants in your charter and investor agreements Wiliam Carleton 7 hours Wiliam Carleton Contributor Many presume that the SBA’s “affiliation” rules will prevent venture-backed startups from applying for loans under the Paycheck Protection Program (PPP) of the CARES Act. I think that’s unfortunate,…
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ARCH Venture Partners raises $1.46 billion across two funds for biotech investing
Against a backdrop where the life-or-death consequences of biotechnology innovation are becoming increasingly apparent as the world races to develop vaccines and therapies to treat COVID-19, life sciences investor ARCH Venture Partners has raised $1.46 billion in funding to finance new tech development. The two funds, ARCH Venture Fund X…
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Proposed amendments to the Volcker Rule could be a lifeline for venture firms hit by market downturn
In the wake of the financial crisis, Congress passed regulations limiting the types of investments that banks could make into private equity and venture capital funds. As cash strapped investors pull back on commitments to venture funds given the precipitous drop of public market stocks, loosening restrictions on the how…
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