The Bidding Process, Procedures for the Sale of certain Assets and Intellectual Property of Raydiance, Inc.. Further to Gerbsman Partners previous e-mail and sales letter of June, 2015, regarding the sale of certain assets of Raydiance, Inc., (Raydiance), I attach the form of agreement (?APA?) that we will be requesting the bidders for certain Asse...

Date Certain M&A of Raydiance, Inc., its Assets and Intellectual Property Gerbsman Partners ? http://gerbsmanpartners.com has been retained by Raydiance, Inc. (?Raydiance? or the "Company"), to solicit interest for the acquisition of all or substantially all of Raydiance assets, including its Intellectual Property (?IP?), in whole or in part (c...

San Francisco, November, 2014 Successful ?Date Certain M&A? of AxioMed Spine Corp. it Assets and Intellectual Property Steven R. Gerbsman, Principal of Gerbsman Partners, Kenneth Hardesty and James Skelton, members of Gerbsman Partners Board of Intellectual Capital, announced today their success in maximizing stakeholder value for a venture cap...

Gerbsman Partners (http://www.gerbsmanpartners.com) has been retained by Venture Lending & Leasing VI, Inc. and Venture Lending & Leasing VII, Inc. (together ?WTI? http://westerntech.com), the senior secured lender to AxioMed Spine Corp., (?AxioMed?), (http://www.axiomed.com) to solicit interest for the acquisition of all or substantially a...

SALE OF ASSETS OF OPTIFY INC. Gerbsman Partners (http://gerbsmanpartners.com ) has been retained by Optify, Inc (?Optify?), (http://optify.net) to solicit interest for the acquisition of all or substantially all of Optify?s assets, including its Intellectual Property (?IP?), in whole or in part (collectively, the ?Optify Assets?). Headquartered in ...

FENWICK & WEST AUTHORS: Barry J. Kramer Michael J. Patrick SECOND QUARTER 2013 Venture Capital Survey Set forth below is the link to our 2Q13 venture survey. Second Quarter 2013 Silicon Valley VC Survey We hope you find this information useful and would be happy to answer any questions you might have regarding the survey. […]

AngelList's Ravikant makes urgent plea for changes in new crowdfunding rules Vicki Thompson Naval Ravikant grew AngelList into the world's?s foremost meeting place for founders and funders. Now he is laying plans to broaden its mission and make money. Cromwell Schubarth Senior Technology Reporter- Silicon Valley Business Journal AngelList co-founde...

? Why star VCs matter (and what doesn't) Joi Ito / Creative Commons license Having a big name VC on a firm such as Marc Andreessen matters more to startup founders than being funded by a big name firm, according to a new study. Cromwell Schubarth Senior Technology Reporter- Silicon Valley Business Journal Startup founders […]

SALE OF PORTAERO, INC. Gerbsman Partners (www.gerbsmanpartners.com) has been retained by Portaero, Inc. to solicit interest for the acquisition of all, or substantially all, Portaero, Inc.?s (?Portaero?) assets. Headquartered in Cupertino, California, Portaero is a leader in developing devices for the treatment of homogeneous emphysema. IMPORTANT L...

Above the Crowd By Bill Gurley Grubhub and Seamless: Effecting The Elusive Private-Private Merger May 20, 2013: Today, Seamless and Grubhub announced the signing of a definitive agreement to merge two of the nation?s premier services for ordering takeout online. As Benchmark is a large institutional investor in Grubhub, we were actively involved in...

? NVCA: VCs Talk Accelerator Bubbles, Accelerator Success By Lora Kolodny Gathering at the?National Venture Capital Association?s VentureScape?conference this week, venture and corporate investors met with executives leading top startup accelerators in a crowded session to discuss the health of the ?startup ecosystem.? Two main questions on venture...

April 5 2013 by Scott Johnson 5 Habits of Great Startup CEOs Being CEO of a startup is quite similar to being the parent of a newborn. ?The neighbors see a clean cooing newborn with smiling proud parents. ?But we all know what goes on inside the house. ?Sleepless nights, stress, no time to attend

Venture Capital Dispatch An inside look from VentureWire at high-tech start-ups and their investors.   April 18, 2013, 10:02 AM The Daily Startup: VCs Buy In to Mobile Game Maker Supercell   Top stories in today?s VentureWire:   Art by Mike Lucas   Eager to own a slice of the wildly profitable Finnish mobile game

Angel investing shifted slightly in 2012 Halo Report: Silicon Valley Bank, CB Insights, Angel resource Institute Silicon Valley hosts the country's most active venture capital firms but has only one of the top 10 angel groups from 2012, in terms of the number of deals done. Cromwell Schubarth Senior Technology Reporter- Silicon Valley Business Jour...

Apr 10, 2013, 12:03pm PDT Foundation's Paul Holland: Smaller fund, smaller fundings right for times Foundation Capital Partner Paul Holland says the firm's latest fund is smaller than the previous ones by design, a reaction to how little startups need these days to get off the ground. Cromwell Schubarth Senior Technology Reporter- Silicon Valley Bu...

Apr 9, 2013, 11:03am PDT VC, angel solar focus shifts as funding hits 5-year low Solar funding by venture and angel investors hit a five-year low in the first quarter of this year. Cromwell Schubarth Senior Technology Reporter- Silicon Valley Business Journal Investments in the solar industry hit a five-year low in the first quarter,

Your Business CAN Avoid The Series A Crunch – Here's How ? John Greathouse Contributor Jim Andelman, my Partner at Rincon Venture Partners, aptly describes the genesis of the Series A crunch, stating that: ?Over the next 12-to-18 months,?a?lot of good companies that have been Seed financed are going to have?a?tough time raising?a?Series?A?fro...

San Francisco, March, 2013 Successful "Date Certain M&A" of Medical Device company, its Assets and Intellectual Property Steven R. Gerbsman, Principal of Gerbsman Partners, Kenneth Hardesty, Philip Taub and? John Andreadis members of Gerbsman Partners Board of Intellectual Capital, announced today their success in maximizing stakeholder value f...

The Mistakes Investors Make Before They Write the Check Posted on: February 22, 2013 inShare12 The start-up market is flooded with entrepreneurs claiming to be the next Facebook or Instagram. However, in reality, three out of four start-ups will fail. Investors need to know whether or not they are wisely hedging their bets?and how to

Article from Fenwick and West Venture Capital Survey, by: Barry Kramer Michael Patrick Background We analyzed the terms of venture financings for 116 companies headquartered in Silicon Valley that reported raising money in the fourth quarter of 2012. Overview of Fenwick & West Results Up rounds exceeded down rounds in 4Q12, 71% to 8%, with...

San Francisco, January, 2013 Gerbsman Partners – Maximizing Enterprise Value – partial industry and client summary Gerbsman Partners focuses on maximizing enterprise value for stakeholders and shareholders in under-performing, under-capitalized and under-valued companies and their Intellectual Property. Since 2001, Gerbsman Partners has...

San Francisco, January, 2013 Successful "Date Certain M&A" of Materials Science company, its Assets and Intellectual Property Steven R. Gerbsman, Principal of Gerbsman Partners (http://gerbsmanpartners.com)and James McHugh, a member of Gerbsman Partners Board of Intellectual Capital, announced today their success in maximizing stakeholder value...

December 12, 2012, 9:03 am Comment Daily Report: Wallflowers of Silicon Valley Get Asked to Dance By THE NEW YORK TIMES After years of being wallflowers at Silicon Valley?s hottest tech conferences and Sean Parker?s after-parties, enterprise technology firms are now part of the ?in? crowd. The flameouts of social media stocks over the last

Venture Financing Forecast for 2013: Partly Cloudy With Lower Chance of Success By Russ Garland Concerns that Series A rounds will be hard to come by in 2013 are widespread in the venture business, according to a survey being released today. Forty-five percent of venture capitalists think this will be the most difficult financing to

Article from SFGate. It's suddenly a lot harder for venture capitalists and startups to raise funds, as investors fed up with low returns turn their backs on the?sector. Most industry observers agree that lots of young firms will simply not be able to raise their next round of funding, commencing a period of belt tightening,

Above the Crowd By Bill Gurley The Dangerous Seduction of the Lifetime Value (LTV) Formula September 4, 2012: Many consumer Internet business executives are loyalists of the Lifetime Value model, often referred to as the LTV model or formula. Lifetime value is the net present value of the profit stream of a customer. This concept,

By Russ Garland Pickings are slim for most firms on the fundraising trail, but the path is crowded. Dow Jones VentureSource took a look at data compiled for the October issue of Private Equity Analyst, a sister publication to VentureWire, and found 330 open U.S. venture funds looking to raise about $26 billion. Bloomberg News

September 13, 2012, 6:45 PM Investors Weigh In With Convertible Note Caveats for Start-Ups By Lizette Chapman Tech entrepreneurs take note: Convertible notes are not free money and, if not structured properly, can prevent you from raising additional financing. Investors speaking at the TechCrunch Disrupt SF 12 conference in San Francisco this week ...

Find the Bubble – by John Backus, Partner New Atlantic Ventures The NVCA released a new report today showing that half of all companies funded by VCs in 2011, and the first half of 2012, are early stage. This compares to an average of 38% or so funded companies being early stage over the last

Article from GigaOm. Zscaler a four-year-old startup that has bootstrapped its business by providing a new form of security designed for a mobile and cloud-dependent workforce, has raised $38 million in first-time financing. The round was led by Lightspeed Venture Partners and an unnamed strategic investor. Zscaler has been fairly successful in its...

Silicon Valley Venture Survey – Second Quarter 2012 August 23, 2012 Silicon Valley Venture Survey – Second Quarter 2012 Background?We analyzed the terms of venture financings for 115 companies headquartered in Silicon Valley that raised money in the second quarter of 2012. Overview of Fenwick & West Results Up rounds exceeded down r...

Biotech Start-Ups See Benefits from Changing Structure, Lawyer Says Venture Capital Dispatch HOME PAGE By Brian Gormley Albert L. Sokol has been pondering the problems facing biotechnology start-ups and has come to a conclusion: many could improve their outlook by shifting their structures. Sokol, a partner with the law firm Edwards Wildman Palmer,...

ugust 9, 2012, 9:52 AM $10M Would Be Seventh Heaven for China?s AngelVest By Sonja Cheung Shanghai-based AngelVest is targeting up to $10 million for its inaugural fund that will invest in China-based start ups, said co-founder David Chen. Having ?literally? just completed the legal documents for AngelVest Fund LP,?the firm?expects to close the fun...

Article from NYTimes. The Knight Capital Group confirmed on Monday that it had struck a $400 million rescue deal with a group of investors, staving off collapse after a recent trading mishap, even as the New York Stock Exchange temporarily revoked the firm?s market-making responsibilities. The rescue package, which was arranged by the Jefferies Gro...

Article from GigaOm. The Department of Energy?s program that gives grants to early-stage energy projects ? called ARPA-E ? has allocated another $43 million for 19 battery projects, including grants for futuristic batteries made of new chemical mixes, using brand new architectures and utilizing nanotechnology. The ARPA-E program has been aggressive...

Article from GigaOm. Venture capital investments picked up significantly this quarter, with a 37 percent increase in funding and 3 percent increase in deals over the previous quarter. The period also saw strong emphasis on mobile investments and seed funding, according to a report released by CB Insights. There was a total of $8.1 billion

Sale of LumaTherm, Inc. Gerbsman Partners (http://gerbsmanpartners.com) has been retained by LumaTherm, Inc. (http://www.myzeno.com/about-lumatherm/ ) to solicit interest for the acquisition of all, or substantially all of, LumaTherm assets (the ?LumaTherm Assets?). IMPORTANT LEGAL NOTICE: The information in this memorandum does not constitute the ...

FACEBOOK FALLOUT: Y Combinator's Paul Graham Just Emailed Portfolio Companies Warning Of ‘Bad Times' In Silicon Valley Nicholas Carlson?? ? | Jun. 5, 2012, 12:01 AM | 58,513 | Facebook has flopped on the public markets, and now we have vivid evidence of how badly Silicon Valley is reeling in the fallout. Paul Graham, cofounder...

May 30 2012 by John Backus A New Golden Age of Venture Capital co-authored by John Backus & Todd Hixon The Venture Capital (?VC?) Model is dead (at least for LPs), proclaimed the Kauffman Foundation recently. Too much available money for the VC model to succeed added Union Square?s Fred Wilson. A blog out there

Article from NYTimes. MENLO PARK, Calif. ? Matt Cohler was employee No. 7 at Facebook. Adam D?Angelo joined his high school friend Mark Zuckerberg?s quirky little start-up in 2004 ? and became its chief technology officer. Ruchi Sanghvi was the first woman on its engineering team. All have left Facebook. None are retiring. With lucrative

Steven R. Gerbsman, Principal of Gerbsman Partners, announced today that Gerbsman Partners successfully terminated and restructured the executory real estate contracts for a technology based company. The venture capital backed company, executed leases for space in New York City. Due to market conditions, the company made a strategic decision to ter...

HuffPost Social Reading? by John Backus Managing Partner, New Atlantic Ventures? Reclaiming Your Online Privacy Posted Face it. Everything you do online is visible to someone and can be used without your approval or agreement. You leave details of your online activity in your browser, on your desktop, in your smartphone. All the while, companies,...

Spotflux Brings Privacy Back to the Web with $1 Million in New Funding from New Atlantic Ventures, Kima and Angels   NEW YORK, Mar 07, 2012 (BUSINESS WIRE) — Spotflux officially opens its doors today, introducing a free application that allows consumers worldwide to freely connect to the Internet with unprecedented privacy protection. Si...

2011 marked another strong year for venture capital, but will it continue? By Peter Delevett pdelevett@mercurynews.com For the venture capital industry, 2011 was a year of superlatives — the highest level of investment in Internet companies since the dot-com bust and the highest level in cleantech ever. But it also was a year that ended

The Advantages of a "Date-Certain" Mergers and Acquisition Process Over a "Standard Mergers and Acquisitions Process" Every venture capital investor hopes that all of his investments will succeed. The reality is that a large percentage of all venture investments must be shut down. In extreme cases, such a shut down will take the form of...

Re-Inventing Education for the 21st Century The Internet is staring down the College Cartel. And the Internet will win. College costs cannot continue to rise at three times the rate of inflation, as they have for the last thirty-five years. My friend Jack Biddle, co-founder of VC firm Novak Biddle, and an early pioneer in

Article from NYTimes. "With a huge initial public offering on the runway, Facebook has shown that it pays to have friends. New investors will now have to decide what they are willing to pay to be friends. The giant social network said in a filing on Wednesday that it was seeking to raise up to

Outlined below are Intellectual Property and Trade Secrets assets from Cortical Pty. Ltd.? The IP and Trade Secrets were developed by Cortical, a biotechnology company that is focused on the development of inhibitors of MIF (macrophage migration inhibitory factor) for the treatment of inflammation and other diseases. Professor Eric Morand, MD, PhD ...

Bidding Process ? Procedures for the Sale of certain Assets, Intellectual Property and Trade Secrets of Cortical PTY Ltd. Further to Gerbsman Partners e-mail of December 4, 2011 regarding the sale of certain assets of Cortical PTY Ltd., I attach the draft legal documents that we will be requesting of bidders for certain Assets, Intellectual

SALE OF CORTICAL PTY LTD Gerbsman Partners (www.gerbsmanpartners.com) has been retained by Cortical Pty. Ltd. (www.cortical.com.au) to solicit interest for the acquisition of all, or substantially all of, Cortical?s assets. Headquartered in Melbourne, Australia, Cortical is a discovery-phase, biotechnology company that is focused on the development...