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There are three main reasons why next-generation corporate VCs who are practicing today are fundamentally different from their predecessors, and why they will be a driving force in the venture industry for many years to come, says guest columnist William Taranto, president of Merck Global Health Innovation Fund.
Former Visa President Hans Morris, announced today that he has launched a new venture fund called Nyca Partners that is focused on financial technology startups.
Richard Hall, head of private equity at Teacher Retirement System of Texas, is taking over as head of private equity at Harvard Management Company, which runs Harvard's $32.7 billion endowment.
A new incubator/seed fund called Expa Capital has raised $50 million from a Who's Who of investors and company founders, including David Bonderman, Sir Richard Branson, Li Ka-Shing and Meg Whitman.
Venture capital funds distributed $6.3 billion to limited partners in the third quarter, marking a sharp gain from the prior quarter, according to a new report from Cambridge Associates.
New Enterprise Associates has led a $2.7 million seed round in Blend, a San Francisco-based maker of a social networking app for college students. Trinity Ventures, Foundation Capital, Lerer Ventures, Maveron, BoxGroup, XG Ventures and SparkLabs Global Ventures also joined in the seed round. The app is available for students in more than 3,500 universities nationwide, except those from Ohio State University. Blend co-founder and CEO Akash Nigam attended the University of Michigan before dropping out and launching Blend. As such, the company doesn't allow students from rival school Ohio State to sign up for the app.
The C100 is just four years old, but it has achieved an impressive track record in that short time. The nonprofit—which aims to bring like-minded Canadian entrepreneurs and executives together in Silicon Valley through its programs, such as 48 Hours in the Valley—reported that startups connected to it have raised US$700 million in venture funding since the C100 launched in 2010. That’s great news for Scott Bonham, a founding partner at GGV Capital, who has begun serving as co-chair of the organization.
NextView Ventures' Rob Go explains why Sequoia Capital's investment in WhatsApp is even more amazing than it appears at first glance.
We are giving away five free tickets to fintech entrepreneurs for our fintech-themed Venture Alpha East conference in New York on March 26-27. Here's how to win.
In a peHUB Canada exclusive, Tom Rand, managing partner of the privately-backed MaRS Cleantech Fund, writes about what's at stake in the current global debate over climate change and the potential impact of clean technologies. For Rand, the issue comes down to a contest between the Cleantech Bulls and the Climate Bear. In this contest, a number of Canadian venture-backed startups like Hydrostor, Woodland Biofuels, Sparq Systems and Polar Sapphire are demonstrating why the Cleantech Bulls are showing increasing muscle.
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