The U.S. venture industry raised more than $50 billion of new capital in 2018, setting an 18-year record and continuing a period of prolific fundraising that has extended now for five years, according to several data sources. The year showed itself to be the largest since the peak dot-com boom year of 2000, when $104 […]
By Lu Zhang, Fusion Fund To say artificial intelligence is old news would be an exaggeration, as we’ve only just started to see its implications: It’s transforming industries across the business landscape, and PricewaterhouseCoopers predicts AI will grow the global economy by $15.7 trillion over the next 12 years. Needless to say, venture capitalists should be investing […]
Venture capital investments in the United States set an all-time record in 2018, sprinting to more than $130 billion during a year that saw a record number of big deals and unicorns created, according to several reports. The year ended on a strong note with U.S. companies raising as much as $43 billion in the […]
With the start of the new year, Managing Director Chris Douvos ended his employment at Venture Investment Associates and set sail full time with his new firm, Ahoy Capital, though he remains a partner in some VIA funds. In a way, not much has changed! Ahoy operates a fund of funds targeting seed and early-stage […]
Below is performance data for the San Francisco Employees’ Retirement System‘s vintage 2016 venture capital funds. The figures from the San Francisco LP are current as of December 2017. Investment multiples are calculated by VCJ. To download the full version of the spreadsheet below with additional data, click here: SFERS venture portfolio (2016) SFERS venture portfolio (2016) Fund […]
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 […]
By Joshua Mitnick, VCJ Correspondent A frequent complaint heard over the years in Israel’s technology industry is that startups too often opt for early exits, agreeing to sell to multinationals from abroad and cutting short the possibility of developing into large independent companies. But activity in venture investments in Israel over the past year suggests […]
In 2016, for the very first time, more American women gave birth in their 30s than in their 20s, the Centers for Disease Control and Prevention reports. Clearly, one of the most beneficial changes in our society is a woman’s ability to choose for herself whether, when and how she will have children. But nature still […]
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 […]
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 […]