Alastair Goldfisher
Patrick Salyer, who for seven years served as CEO of customer-identity-management platform provider Gigya, has joined Mayfield as a partner to focus on enterprise companies. He becomes the seventh investing partner at the Menlo Park, California, firm, joining Navin Chaddha, Rajeev Batra, Tim Chang, Rishi Garg, Ursheet Parikh and Vivek Saraswat. The hire comes as […]
The past year had its mood swings. At the beginning of 2018, ICOs and how venture firms were tweaking their LPAs (or not) dominated the coverage. Still reeling from the #metoo effect, in which several male VCs were investigated or dismissed over sexual-harassment claims, a number of firms in the first half of 2018 addressed […]
If you want to know how the venture biz has changed in recent years, look no further than Arlan Hamilton. Hamilton is founder and managing partner of Backstage Capital in Los Angeles. Her firm’s website says she built the venture fund from the ground up, while homeless and living off food stamps. Backstage Capital itself […]
Forget concerns about Brexit. Although some feared that the United Kingdom’s departure from the European Union would cause startups to flee to other entrepreneurial friendly nations, the appetite for U.K.-based startups has grown in recent years. In 2018, worldwide venture firms invested more than $12.5 billion in 1,042 European companies, according to VCJ‘s analysis of […]
It was a busy year for Sequoia Capital: The firm, said to be raising perhaps $9 billion or more for worldwide and U.S.-focused funds, participated in the most venture deals in 2018 and deployed the most capital. The multistage investor put more than $5 billion to work in 173 companies worldwide in the year, according to […]
It seems appropriate that we start off the year looking ahead and asking VCs about the year in review and what predictions they have. Of course, we realize how silly these predictions are. Remember in 2014 when Google Co-Founder Larry Page told Vinod Khosla at a Khosla Ventures summit that we may someday see more part-time […]
Venture M&A numbers spiked in 2018, in part thanks to Microsoft’s acquisition of GitHub for $7.5 billion. It ranks as the largest VC-backed acquisition of the year, ahead of Celgene‘s $7 billion purchase of Impact Biomedicines. For the full year, 396 VC-backed companies were acquired, with 91 disclosing terms for a combined total of more […]
A day after the Boston venture firm Underscore.VC reported in a regulatory document that it had raised more than $132 million for its second fund, the firm said it amended the filing to cap its second fund at an oversubscribed $140 million. At $140 million, the fund is 65 percent larger than its first fund, which […]
The SEC this week proposed a rule that aims to make it easier for fund-of-funds managers to invest larger amounts in the funds they back. In proposing the rule, the SEC referred to mutual funds and exchange-traded funds, but it also could apply to private funds, such as venture capital funds. The proposal, titled rule […]
Mountain View, California-based Boosted, maker of an electric skateboard and provider of last-mile electric vehicles, announced it has raised $60 million in a Series B round of funding. Khosla Ventures and iNovia Capital co-led the round, which included Series A investors Stanford-StartX Fund and Bay Meadows. The company, founded in 2011, has now raised more than $70 million. As part of the round, Patrick Pichette, former Google CFO and a partner at iNovia Capital, will move from his existing independent board position to a preferred board seat.