Battery Ventures Cuts Heads, Fees
Though topical, this article does introduce/discuss the so-called clawback provisions in most venture capital partnership agreements and their implication when funds perform poorly.
Content: Article | Author: Vyvyan Tenorio | Sources: IPO.com, The Daily Deal | Subjects: Finance, Venture Capital
Billion-Dollar VC Club Looks Set To Shrink
Two years ago, Crosspoint Venture Partners made headlines when it canceled a $1 billion fund in the making. The cause was cloudy, but the high-profile VC firm sent the first signal that not everything was peachy among the elite billion-dollar VC club that emerged at the height of the Internet bubble.
Content: Article | Author: Vyvyan Tenorio | Sources: IPO.com, The Daily Deal | Subject: Venture Capital