Links 12/19/2014: First Round's return from OnDeck investment; Xerox unit handling SEPTA smart card project sold to French company
'We certainly made a lot of money,' says VC who backed OnDeck Capital (New York Business Journal)
Report: First Round Capital (approximate 5.5% stake) made 74x its investment.
Hollywood is still obsessed with breaking the internet (The Verge)
Why is the MPAA meeting with a senior Comcast engineer?
FCC Considers Extending Broader Pay TV Rules to OTT Providers (Variety)
Radnor-based Peak Equity Partners Sourced and Co-led Acquisition of Postgres Database Leader EnterpriseDB
EnterpriseDB is based in Bedford, MA. NewSpring Capital and Milestone Partners, both also of Radnor, teamed up with Peak Equity on the transaction.
DuPont CEO on what's driving the company into the future (Fortune)
Xerox to Sell I.T. Outsourcing Unit to Atos for $1 Billion (NY Times: DealBook)
The acquisition includes the Xerox unit implementing SEPTA's long awaited smart card system.
Rent the Runway, a Designer Fashion Start-Up, Raises $60 Million (NY Times: Bits)
Oracle's Larry Ellison talks cloud catch-up game with Salesforce.com (ZDNet)
Are SaaS Companies Just Misunderstood?