As we noted earlier this morning, some of the retail brokerages fortunate to get their hands on Facebook allocations are apparently telling clients they’re out of stock, i.e., you and Aunt Sally can forget about $38 a share and assume that whatever you wind up paying, you’re going to be lining the pockets Read More
Today, New York venture capital makes its way across the pond, as FirstMark Capital leads a $6 million series B equity fundraising round for OpenGamma, a London-based financial technology firm that provides users with an open-source analytics and risk-management platform.
FirstMark also netted a board seat in the deal. The firm’s founder and Read More
Venture capital giant Accel Partners announced today that it’s setting up a New York office, an indication that it sees a bright future for the New York technology start-up scene.
The move offers hope to Silicon Alley’s scruffy young CEOs. They too can join the pantheon of software greats that Accel has fostered over Read More
There were a few stories this morning about the news that Accel Partners, one of the top three venture capital firms in the nation, is opening an outpost in New York.
But by and large there wasn’t much comment from local VCs on the issue, until Lerer Ventures’ Jordan Cooper raised the issue Read More
