Venture investing jumped close to an 18-year high in the first quarter with big-money rounds leading deal value to an extraordinary $21.1 billion, according to a VCJ analysis of preliminary data from Thomson Reuters. The quarter was only the second since the peak of the dot-com bubble to see investments in the United States exceed […]
As federal and state agencies scrutinize the cryptocurrency landscape and take action against allegedly fraudulent issuers, some blockchain companies and projects are exercising an abundance of caution when it comes to regulatory compliance. Instead of issuing tokens to anyone who wishes to invest, more blockchain companies are offering digital tokens that comply with securities laws. […]
Tel Aviv-based iAngels is one of the most active angel investment firms in Israel, blending a venture fund model with elements of crowdfunding to allow accredited investors from around the world to participate in investments into Israeli technology companies. Launched in 2013 by Mor Assia and Shelly Hod Moyal, iAngels vets companies before its pool […]
Funds from Longitude Capital, Column Group and Altos Ventures top a portfolio of late-decade venture-capital funds at the California Public Employees’ Retirement System. The portfolio favors mid-sized and smaller funds, and brings a diversified approach to investing. Almost half of the funds are between $250 million and $450 million in size, and another third are […]
Phil Black says his favorite place outside the San Francisco Bay Area is London. The True Ventures co-founder has a daily reminder of London life from his second-floor office overlooking tree-lined South Park, a small oval-shaped park and eponymous neighborhood in the larger South of Market Area of San Francisco. Black and Co-Founder Jon Callaghan established True […]
Twenty years ago, venture could look confidently down two paths to portfolio-company exits: public offerings and tech-company M&A. Not so much anymore. Sure, nice deals take place. Workday, Veeva Systems and Tableau Software did IPOs in recent years. Cisco and IBM keep buying. But for the third year in a row, overall exits of venture-backed companies […]
Spotify’s unconventional direct listing on the New York Stock Exchange (SPOT) means that private investors can cash out without their shares being diluted, and with less of the offering proceeds going to underwriter fees. But it’s unclear whether benefits like those will outweigh the risk of price volatility and low trading volume when the company’s shares […]
Funding for travel and transportation startups worldwide appears headed toward another record this year, with Uber’s $1.25 billion deal with SoftBank helping to set the pace. Through the end of February, more than $6.5 billion of venture funding went to companies in the sector, with eight mega-rounds of $100 million or more, according to a […]
Funds from Avalon Ventures, Foundry Group and Third Rock Ventures lead a portfolio of 2007 vintage venture funds at the California Public Employees’ Retirement System. The portfolio favors mid-sized and small early-stage funds. Almost half are between $200 million and $499 million, and more than half target startups early in their life spans. Three larger […]
Attorneys for the issuer of two allegedly fraudulent initial coin offerings are arguing that the SEC is overstepping its jurisdiction in defining the cryptocurrency offerings as securities. In a filing submitted to a federal court on March 26, attorneys representing Maksim Zaslavskiy argue that the SEC is pursuing a vision of “nearly limitless regulatory jurisdiction” […]