By Jeff Howard and Michael Gruber, Salveo Capital As the cannabis industry takes shape, the market’s momentum has been punctuated every few weeks by news of celebrity enlistments, ranging from the obvious, such as Willie Nelson, to the unexpected, John Boehner. While it may not capture the public’s imagination, the steady march of Silicon Valley […]
By Alex Derber, VCJ Correspondent While many of Donald Trump’s economic policies are derided in Europe, at least one appears to have found favor among the region’s VCs. “Since the [2017 Tax Cuts and] Jobs Act it has become much easier to list a European company on the Nasdaq and this has become our exchange […]
Emergence Capital, which raised $435 million for its fifth early stage fund earlier this year, is announcing several team promotions and a new hire today. The San Mateo, California-based firm promoted Joe Floyd to general partner, Jake Saper to partner, and Kara Sweeney Egan to principal. Emergence also brought on Carlotta Siniscalco as senior associate. […]
Below is performance data for the San Francisco Employees’ Retirement System‘s vintage 2002 and 2007 venture capital funds. Internal rates of return from the San Francisco LP are current as of December 2017. To download the full version of the spreadsheet below with additional data, click here: SFERS venture capital portfolio (Vintages 2002 to 2007) SFERS venture capital […]
Version One Ventures is growing its franchise. The Vancouver firm, founded in 2012 by renowned seed investor Boris Wertz, made the decision to expand when raising its third fund. One result was the September promotion of Angela Tran Kingyens to general partner. A further step will soon be taken with the hire of an associate. […]
Corporate venture investments continued to soar this year, with dollars deployed already topping $12 billion and eclipsing those of last year. If the pace of activity holds up, the year will end with a new 18-year record and one that comes close to topping the all-time record set in 2000, when the dot-com boom was […]
National Grid Partners, the venture arm of the international utility National Grid, unveiled its first five investments. The newly launched corporate VC also announced its operations are based in Los Gatos, California, and it plans to expand with more locations in the San Francisco Bay Area to support its incubation program. NGP is led by […]
Venture-capital returns improved in the second quarter, riding the coattails of a strengthened IPO market, according to Cambridge Associates. Returns for the quarter rose to a net IRR of 5.99 percent, up from 3.96 percent in the first quarter. One-year performance was even better, shooting up to 17.18 percent from 12.1 percent, Cambridge reported. The […]
Furniture has long been one of the biggest pain points in the home. It’s expensive, it’s a hassle to move around, and it’s hard to shop for because you never know how it’s going to look in your home. Now, a new line of tech-enabled furniture startups is attempting to solve all these problems and […]
New Enterprise Associates this spring appointed former General Partner Ravi Viswanathan to the job of selling about $1 billion of its portfolio holdings in an unusual secondary transaction. This week, Viswanathan filed a regulatory document to raise a $1.35 billion venture capital fund under the name NewView Capital Fund I. The filing suggests the portfolio […]