Is there something rotten in the kingdom of VC?

Following my recent post, Is there something rotten in the state of IP, I could not avoid to add this provocative statement despite all my respect for venture capital. When Kleiner Perkins, one of the best West Coast VC (not to say one of the best VC ever), Charles River, one of the best East Coast VC and Index, one of the best European VC co-invest in an IP company (a “Patent Risk Manager”) such as RPX, I thought there had been a major event. And Randy Komisar who is mentioned in my latest post is on the board… Now RPX is filing to go public so as I do usually, here is the cap. table. All these data remain subject to the IPO date and share price which I just had to imagine… You may also be interested to know that the founders of RPX come from Intellectual Ventures…

One thought on “Is there something rotten in the kingdom of VC?

  1. herve

    RPX Announces Pricing of Initial Public Offering

    Press Release Source: RPX Corporation On Wednesday May 4, 2011,

    SAN FRANCISCO, May 4, 2011 (GLOBE NEWSWIRE) — RPX Corporation (Nasdaq:RPXC – News) today announced the pricing of its initial public offering of 8,430,435 shares of its common stock at $19 per share. The underwriters have been granted a 30-day option to purchase up to an additional 1,264,565 shares of common stock, of which 634,565 are from RPX and 630,000 are from selling stockholders, to cover over-allotments, if any. The shares will begin trading today on the NASDAQ Global Select Market under the symbol “RPXC.”

    Goldman, Sachs & Co. and Barclays Capital have acted as joint book-running managers for the offering, and Allen & Company LLC, Baird and Cowen and Company have served as co-managers.


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