Mark Boslet
Super angels and microVCs rewrote the rules of seed investing. Now they want a bigger share of the spoils
Five funds collected 80% of the $5.9B in capital during the three-month period, although the number of funds raised dropped to 38
Although overall returns are low, especially for the venture industry, they are on the rise
The Silicon Valley author and venture capitalist believes we need fewer automobiles and more walking cities
The pension fund’s Golden State venture portfolio has commitments of $560 million and an overall IRR of 0.9% to date.
Among the CalPERS investments with falling IRRs are Khosla Ventures III and Khosla Venture Seed, both from 2009
Pre-money valuations were higher. Up rounds greatly outnumbered down rounds. And deals with tranches and participating preferred stock were less common. The second quarter was a good time to be an entrepreneur.
Corporate investors during the first half of the year participated in 16.3% of venture deals, according to a new study. This is an increase from 14.7% in 2011 and 12.9% in 2010.
Across the globe, 133 early stage venture funds are on the road seeking $10.7 billion in capital. Some, apparently, are meeting with success. From January to July this year, 40 early stage funds closed on $7.4 billion, Preqin reports.
ZeaChem Inc. said it has been awarded part of a $6 million grant by the U.S. Department of Agriculture and U.S. Department of Energy for the development of advanced biofuels utilizing tropical grasses. ZeaChem is part of a consortium led by the University of Hawaii that includes Oregon State University, Washington State University, Hawaiian Commercial […]