Venture capital returns fell in the fourth quarter of last year, taking a cue from the tumbling financial markets as worries over the trade war with China spooked stock buyers. The public markets were also at the time digesting rates hikes from the Federal Reserve. One-quarter returns for U.S. funds slumped to a 1.71 percent […]
A weekly letter from the VCJ editor about items heard-on-the-grapevine, recent event happenings, data and a look ahead to what’s coming up
The other big loser at the Golden State Warriors game Wednesday night – the “Dubs” lost badly to the Toronto Raptors, which took a 2-1 game lead in the Championship Finals – was former Sequoia Capital investor Mark Stevens. Stevens was ejected from the game and drew a ban and a fine from the National […]
The following story is part of a cover package VCJ published in its June issue about a new wave of investments related to gene editing and the moral implications investors must consider. Read the main story here: Gene editing rides new investment wave. —Ed. In late April, GV Venture Partner Anthony Philippakis joined more than 60 academics and […]
Rx3 Ventures, a firm co-founded by Green Bay Packers quarterback Aaron Rodgers, launched on Wednesday with $50 million of capital to back consumer companies with growth rounds. Rogers, who has played with the Packers for more than a decade, will serve as general partner at the Newport Beach, California-based outfit, along with Nate Raabe and […]
Point72 Ventures is a venture firm formed in 2016, as an independent arm of Point72 Asset Management, a hedge fund ran by billionaire Steve Cohen. His previous firm, SAC Capital, was converted into Point72 as Cohen’s family investment office in 2014, following insider trading allegations and a settlement with the regulators. Although Point72’s hedge fund […]
In his 2019 Canadian venture and startup predictions, OMERS Ventures Managing Partner Jim Orlando laments the lack of big exits of VC-backed tech companies in 2018. Orlando argues the market should be generating more “top 10-in-10” exits — liquidity events large enough to be counted among the top 10 during the past 10 years. To qualify, […]
By Alejandro Ortiz, SharesPost Slack Technologies, the workplace messaging and collaboration platform, will be making its public market debut on June 20, 2019. This liquidity event will be different than the blockbuster IPOs of 2019 to date, as the company is pursuing a direct listing in lieu of a traditional initial public offering. While Spotify, […]
Ray Lane, founder of GreatPoint Ventures and partner emeritus at Kleiner Perkins, does not believe in venture investment at scale. He aims to work as closely as possible with the founders of his portfolio companies, offering strategic and operational help along the way, Lane told VCJ. “All my CEOs would say, ‘of all my board members, […]
Clinical approvals are lifting confidence in gene editing and gene therapy, triggering a new wave of investment. Could this be healthcare’s new new thing?