Posts tagged Top Job
5 O’Clock Roundup: Microsoft CFO out, new Google ads, an $85 million fraud?
Nov 25th
Here’s the latest action:
Canopy Financial is accused of fraud: The health-IT company, which raised $85 million in venture capital, allegedly made fraudulent financial statements, even forging ones with fake KPMG letterhead. Spectrum Equity Investors may have taken the biggest loss on their recent $62.5 million investment in the company, TechCrunch reports.
Microsoft chief financial officer Chris [...]
5 O’Clock Roundup: Up rounds, more fiber, Google Flu
Nov 11th
Some positive news in the land of VC – A survey by law firm Fenwick & West found that 41% percent of new financing in the third quarter was for up rounds, which means the company’s valuation was raised from the previous round. OK, that still leaves 59% of non-up rounds, but it’s a change [...]
