Kaitlyn Landgraf Bartley
Attorneys for the issuer of two allegedly fraudulent initial coin offerings are arguing that the SEC is overstepping its jurisdiction in defining the cryptocurrency offerings as securities. In a filing submitted to a federal court on March 26, attorneys representing Maksim Zaslavskiy argue that the SEC is pursuing a vision of “nearly limitless regulatory jurisdiction” […]
General Catalyst has raised the full $1.38 billion targeted for its ninth venture fund, according to a regulatory filing. With offices in Cambridge, San Francisco, Palo Alto, and New York City, the firm makes early-stage and growth equity investments.
Ecosystem Integrity Fund has raised $41.1 million toward a targeted $100 million for its third venture fund, according to a regulatory filing.
Venture investors are mulling a new use for special-purpose vehicles, as a way to increase their exposure to cryptocurrencies and digital tokens, while insulating the broader venture funds from the cryptoinvestments’ volatility and uncertainties. Investors and attorneys see advantages, and some serious downsides, to this novel niche in venture investing. But venture firms are reluctant to […]
The Department of Justice and the SEC rebuffed claims by the issuer of two allegedly fraudulent initial coin offerings that U.S. securities laws are “unconstitutionally vague” as applied to cryptocurrencies. Instead, the government argues, in dual filings submitted to a federal court on March 19, the ICOs in question “comfortably fit” within the parameters of existing […]
SGVC has raised $21 million of a targeted $50 million third venture fund, according to a regulatory filing. The Beverly Hills-based venture firm is led by Dovi Frances and invests in financial technology companies, according to its website. The filing lists 33 investors.
Geodesic Capital is raising a venture fund targeted at $165 million, according to a regulatory filing. The Foster City, Calif., based firm was founded in 2015 and makes late-stage investments in consumer technology companies.
Are inland states seeing more venture capital deals and dollars? Yes and no. More venture investors say they’re looking outside the tech hubs in California, New York, and Massachusetts for their next investments. They cite skyrocketing costs of living, increasing fatigue toward tech companies and perceived ideological homogeneity as reasons for them to consider parking their […]
The SEC has made headlines in recent weeks as it investigates token offerings that may be in violation of securities laws, but it is not the only regulator to probe potentially dishonest or fraudulent cryptocurrency projects. The U.S. Commodity Futures Trading Commission, which regulates derivatives markets, is also asserting its jurisdiction in clamping down on […]
Across the biggest venture investment sectors in February 2018, deal count dropped while equity invested jumped compared to the same period the year before, according to VCJ’s analysis of preliminary data from Thomson Reuters. In February 2018, there were 224 venture deals with U.S.-based companies totaling $5.6 billion. The biggest share of those companies were […]