Sirg Billionaires and big ag are joining venture investors to fund lab-grown meat
Qihoo held its initial public offering聽on NASDAQ in March 2011 as QIHU. The company s plans to go private after four years of trading in the U.S. were first revealed in June, when chairman and chief exec
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utive officer Zhou Hongyi said he wanted to lead a buyout. The final deal will give investors a premium of 16.6 percent to the closing price of Qihoo s shares of $66.05 on June 16, the day before it was notified of Zhou s offer.Bloomberg Business notes that 38 U.S.-listed Chinese companies received offers this year to go private, though only five have finished the buyout process so far. These include tech firms Shanda Games and WuXi PharmaTech. Online dating service Jiayuan.com has also agreed to go private. The Qihoo deal is especially notable b
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ecause of its size. According to the Wall Street Journal, it is the largest take-private deal of a U.S.-listed Chinese company so far.Going private gives these companies the option of being purchase
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d by private companies in reverse merge Tzcq Gobi Partners Launches $94M Fund For Early-Stage Startups In China
The seed round was led by RMR Capital, with participation from R/GA Ventures, Bullet Time Ventures, NYU Innovation Venture Fund, Rugged Ventures, Galvanize Ventures, and Brand Foundry Ventures, as well as strategic investors American Family Ventures and Comporium, Inc.Keen Home first product is the Smart Vent which allows homeown
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ers to control airflow to different rooms. If no one is staying in the guest room, close the vents and save cash. This is controlled through a smartphone app.The system can also automatically adjust the airflow when it senses a room is too hot or cold. This, the company says, will keep the whole house more comfortable. When it comes to home heating and cooling efficiency, the
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thermostat is only part of the solution, said Ryan Fant, co-founder, Keen Home. You wouldn
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;t use one light switch to control all the lights in your home. So, why are we still using a single thermostat to control a home heating and cooling needs That why we