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Sean Parker gives $24 million to Stanford for allergy research

In his latest philanthropic endeavor, Silicon Valley entrepreneur Sean Parker is giving $24 million of his own money to prop up an allergy research center at Stanford University. Parker, best known perhaps as founding president of Facebook and founder of Napster, the Read More →

Lending Club IPO rises to $1 billion

Lending Club, which went public last week in the largest offering from a California company this year, announced on Tuesday it had sold additional shares to raise its total IPO earnings to just more than $1 billion. The San Francisco-based Read More →

Hortonworks sets IPO share price above range

Hortonworks, one of two big data companies from the Bay Area that will make their public debuts on Wall Street Friday, will raise $96 million in its IPO. The company on Thursday priced shares at $16 each, well above the $12 to Read More →

Social club targets Silicon Valley elite

Characterizing themselves as a ragtag band of the important and unconventional, a group of Silicon Valley venture capitalists, executives and entrepreneurs is opening a new $2,500-a-year social club for the tech elite. The Cuckoo's Nest will open next year at 68 Read More →

Lending Club prices shares at $15

On the eve of its highly anticipated Wall Street debut, Lending Club priced shares at $15 each, setting up the company to become the largest IPO of the year from California. San Francisco-based Lending Club, which will start trading Read More →

New Relic raises IPO share price, market cap nears $1 billion

It's beginning to look like a very lucrative Christmas for some Bay Area startups planning a holiday IPO. For the second time in as many days, a Silicon Valley tech startup has raised its initial-public-offering price, hoping to take advantage of Read More →
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