* Scott Austin: For tech startups, royalty financing is becoming an alternative to venture capital

* Robert Jarrow: It is fantasy to believe that active portfolio management leads to positive alphas

* Morning Call: U.S. futures rise ahead of jobs data, London falls, European shares edge higher and the Nikkei holds its gains.

* Report: Carlyle Group is prepping a renewable energy fund

* Peter Wagner (Accel Partners): The next wave of smart-grid investing

* Mark Suster: Being scrappy for the sake of scrappiness is dumb

* Matthew Lynn: Green shoots from the UK’s economic train wreck

* What did J.P. Morgan know about Bernie Madoff’s fraud, and when did it know it?

* Groupon founder Andrew Mason stands to make $530 million off the Google deal

* Ex-Merrill Lynch employee speculates on what WikiLeaks knows about Bank of America

* Housekeeping: This post will have a new title come Monday, since most of you read it once the market is already open. If you’ve got a last minute suggestion, email it to me at dan_primack@fortune.com.

* Blackstone boss Steve Schwarzman is (temporarily) moving to Europe. But, first, he sat down to discuss the future of private equity with Maria Bartiromo:

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