Press for General Catalyst

Venture capitalists are always interviewing entrepreneurs and CEOs—whether hearing pitches, sitting on boards, or looking for a chief executive to spark growth in a startup they have backed.

Demand for private company shares declined in the second quarter versus the first quarter but was up sharply year-over-year, according to a new report released today by SecondMarket. The market for private company stock saw $112 million in transactions last quarter, versus $156 million in the first quarter, or down 39 percent sequentially. On an annual basis, however, it was up 120 percent over the second quarter of 2010, which saw $51 million in transactions. And the $268 million worth of transactions in the first half of 2011, was up 75 percent from the first half of 2010 .

Massachusetts businessman and former Republican gubernatorial nominee Charlie Baker will join the MedVentive governing board effective immediately. Mr. Baker has led a distinguished career in the healthcare industry and public service.

The cleantech industry is still in its nascent days, and an ecosystem that promotes sustainable production, distribution and consumption of energy is still developing, especially the entrepreneurial and managerial talent that will lead us hopefully into a new era of job creation, economic growth, and global competitiveness.