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CacheIQ Raises $6M

Austin Startup

By July of 2010, the company announced they had acquired all the assets of StorSpeed, which had received $13M in Series A funding in June of 2007, and had hit the deadpool by March of 2010. This week CacheIQ’s filings with the SEC were discovered, and they’ve apparently raised $6M from 27 different investors.

SEC 59
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White Collar Crime Spree

Altgate

The 70 year old “lion&# of Wall Street is arrested after confessing to what the SEC describes as a $50 billion Ponzi scheme. These employees said Mr. Madoff kept the financial statements from the firm under lock and key and was “cryptic&# about the firm’s investment advisory business, according to the complaint.&#

SEC 28
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Beware The Consultant

infochachkie.com

Unlike employee training costs, which can typically be spread over years of service, the relative return from training a consultant is modest and pricey. Unable to confirm if my proposed approach was correct, he indicated that he would have to check with his SEC group and that ‘someone’ would get back to me. All Rights Reserved.

Equity 40
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Taking Silicon Valley’s Innovation Message to Washington: A Special Event on Cyber Security at the National Press Club June 25th Sponsored by the Security Innovation Network

Pascal's View

  Through Levensohn Venture Partners' involvement as the lead venture sponsor of the IT Security Entrepreneurs' Forum (ITSEF) since its inception in 2007, and through my personal initiatives advocating public policy solutions to address cyber security issues, I have had some positive impact in increasing awareness of this problem. 

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Customers Love Free Stuff … But That’s Not Your Problem

abovethecrowd.com

This “gain” ($34B last year alone) is a result of a direct wealth-transfer to these individuals FROM the previous owners of the company — founders, executives, employees, and venture investors. The founders, the CEO, the CFO, the executives, the employees, and the venture investors. Party B: The investment banks. Interestingly, the 7.5X

IPO 82