Randy Hawks, Managing Director
I am thrilled to announce today that Coinstar, now called Outerwall (NASDAQ:OUTR), the publicly held purveyor of 64,000 coin-counting and Redbox movie and video game rental kiosks, has acquired Claremont Creek portfolio company ecoATM for $350 million in cash. What a promising acquisition it is!
ecoATM makes automated, self-serve kiosks that quickly evaluate and buy back consumer electronics directly from consumers. As . . .
→ Read full post: Exciting New Acquisition: ecoATM Acquired By Coinstar, now called Outerwall
Sam Coates is a partner at Cooley, and a great friend and colleague of mine. He wrote this blog post just for us.
Money, motorcycle racing and startups—it’s all about winning and losing
Guest Post by Sam Coates
“I like money,” one founder said to me bluntly, in response to my question about what motivates him. I ask every founder this question. Some of them say things such as . . .
→ Read full post: Money, motorcycle racing and startups—it’s all about winning and losing, by Sam Coates
I will be moderating a panel, Venture Capitalists’ Best Practices on Commercializing Innovation at the Molecular Diagnostics World Congress on September 29, 2011 at the South San Francisco Conference Center.
Here’s the panel topic summary, hope to see you there.
Successful venture capital investing in molecular diagnostics requires proper commercialization of innovation. But how does this innovation get brought to market? The panel will explore the challenges of commercialization in a still-difficult . . .
→ Read full post: Molecular Diagnostics World Congress, Venture Capitalists’ Best Practices on Commercializing Innovation
Jamie Montgomery with Nat Goldhaber
On Wednesday September 15, my partners and I joined 22 of our portfolio companies and the Claremont Creek hosted speaker– investment bankers Jamie Montgomery, Eric Wagner, and Jason Yip– for our second Turbo Talks event this year. Turbo Talks refers to the gathering we created for our portfolio where we discuss timely topics of interest to many of them. During Turbo Talks, we get acquainted with each other and build . . .
→ Read full post: Turbo Talks: Insights Into IPOs and Mergers & Acquisitions