📰 Patrick Pichette News
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June 9, 2021
Twitter, Inc. (NYSE: TWTR) today announced the appointment of Mimi Alemayehou to the Company's Board of Directors as a new independent director, effective immediately.
May 14, 2021
5 minutes read Pichette, who is 52, joined Google in 2008. The exact date of his retirement isn’t set, but he’ll be helping Google search for its new CFO, which the company expects to find in the next six months. Before Google, he worked at Bell Canada, where he held various positions, including CFO. He made the decision to leave the company so he and his wife could “grab our backpacks and hit the road.” Pichette, an avid cycler, writes on Google+ that the desire to travel the world re...
May 6, 2021
Look out PiedPiper – iSIZE reduces power for video streaming, raises $6.3M in round led by Octopus It’s widely known that video streaming boomed during the pandemic, as millions of people were faced by boredom during lockdowns. But an unintended consequence of this was the growing environmental impact of millions of video streams which meant server farms needing to draw increasing amounts of power from the grid. Indeed, there were even calls for people to cycle down to Standard Definition, ...
April 19, 2021
10 hot deep-tech start-ups lighting up Munich’s Ignite accelerator Image: © ink drop/Stock.adobe.com The first Intel Ignite accelerator in Munich has announced its cohort of 10 start-ups with solutions in AI, quantum computing and encryption. Earlier this year, Intel began its search for exceptional deep-tech start-ups to join its new Ignite accelerator in Germany. Now, the first cohort for Intel Ignite Munich has been announced. These 10 start-ups will embark on a 12-week programme that inc...
March 16, 2021
Eva Blue/Inovia Canadian venture firm Inovia Capital just closed a whopping $450 million fund. The company is scouting the next European tech unicorn as the continent preps for a wave of IPOs. Partner and ex-Google CFO Patrick Pichette gave Insider the lowdown on Inovias strategy for 2021. Inovia Capital, the Canadian venture firm specializing in growth-stage tech startups, has just put together a $450 million fund – and is keen to discover Europes next tech un...
March 16, 2021
Inovia Capital raises $450M for second growth-stage investment fund Montreal-headquartered Inovia Capital has raised $450 million for Growth Fund II, the firm’s second growth-stage investment fund. The close of this funding comes just a little over two years after the announcement of its first in February 2019, a $400 million pool of investment capital that marked Inovia’s first foray beyond the early-stage deals it originally focused on. Inovia now has investments across every stage of a c...
March 16, 2021
Inovia Capital raises $450 million Growth Fund II to find another Lightspeed Inovia Capital has raised $450 million USD for its second growth stage fund as the Montréal-based venture firm aims to build on its success with Lightspeed and create more Canadian unicorns. The new fund exceeds Inovia’s target raise of $400 million and brings the firm’s total capital under management to more than $1.5 billion USD. Growth Fund II comes a short two-years after Inovia raised its firs...
March 16, 2021
Inovia will use the new fund to grow its presence in the UK and Europe. Inovia partners Chris Arsenault, Dennis Kavelman and Patrick Pichette committed 5-6% of their own capital to the new fund. Investors Pichette told Unquote that the performance of Inovia Growth Fund I made raising the new fund easy. "With Growth Fund I, investors thought OK, will you guys be able to do this?, and then three years later, with an IRR of 60%, and companies that have gone from being small to being on the New Yo...
March 11, 2021
Retire Like A Boss-Follow These Retireees Lead Do you want to have a fabulous life after retirement? That might look a little bit different to each individual. However, there are some general guidelines that you can follow to retire like a boss. Follow the lead of these nine retirees who have inspiring stories and helpful advice. 1. Retire With Integrity like Bill Watterson Bill Watterson was the cartoonist behind the Calvin and Hobbes series. He loved the series but over time he grew exhausted...
March 7, 2021
If you work in sales and marketing for Dell (NASDAQ: DELL) in Europe, the Middle East or Africa, look at the employee to your left and to your right. One of you is about to be laid off. At least that’s what sources told the U.K.’s The Register. According to the sources, Dell planned to cut 30... Read More...