A federal rule that would allow foreign-born entrepreneurs a new pathway to enter or remain in the United States to build their startups has been flagged for review by the Trump administration before it is scheduled to go into effect in July, prompting speculation over whether the regulation will be delayed or ultimately rejected. The […]
Initial coin offerings continue their breakneck rise as an alternative form of fundraising, overtaking venture capital as the preferred method of raising equity among blockchain startups. In 2017, year-to-date through early June, blockchain startups have raised more than $405 million through ICOs, token sales and crowd sales, compared with $295 million raised through traditional venture […]
Funds from Sofinnova Ventures, Union Square Ventures and GGV Capital lead a portfolio of freshly minted venture funds at the Oregon Public Employees Retirement System. The portfolio, with vintages of 2011 to 2017, favors mid-sized funds with a near even mix of late and early-stage investment strategies. Half the funds are between $300 million and […]
With the cyber-security market expected to top $100 billion in three years and worries about online break-ins running high, venture capitalists continue to pour money into young security companies at a rapid pace. Investing this year started off cautiously, but gathered steam in the second quarter, with $887 million allocated to startups in the United […]
Canada launched a fast-track visa program for highly-skilled workers, as it seeks to take advantage of a tougher immigration environment in the United States, Reuters reported. The move comes at a critical time for Canadian technology companies, who are looking to lure top global talent who otherwise flock to Silicon Valley. "In a world where people are becoming more and more inward, where there is a rise in populism, there is a lot of Islamophobia, a lot of xenophobia, there's a lot of anti-immigrant sentiment, Canada is uniquely positioned," Innovation Minister Navdeep Bains said.
Online education startup Coursera announced that it raised $64 million in a Series D round in early June, with funding from GSV Capital, Kleiner Perkins, New Enterprise Associates, Learn Capital and the Lampert Foundation. The funding brings the company’s total amount of capital raised to $207.8 million to date, with a reported valuation at $800 […]
Elizabeth Rossiello launched a foreign-exchange startup on the blockchain long before the concept was cool. Her company, BitPesa, enables African businesses to make fast and inexpensive national and international payments using a platform built with the bitcoin blockchain technology. Since the company launched in 2013, Rossiello, 35, has weathered skepticism about investing in cryptocurrencies and investing […]
The average worker has changed a great deal in recent years. The average worker-training program has not. Too often, it still involves an instructor standing at the front of a room, droning away and scrawling on a whiteboard. It is so not the way workers want to learn, especially millennial workers. Employees today are young. […]
President Donald Trump raised many eyebrows and much ire on June 1 when he announced that the United States would pull out of the Paris climate agreement. Many venture investors criticized the decision but maintained that it would not substantially affect the trajectory of innovation in the United States or their own investment decisions. To them, the […]
Funds from Union Square Ventures, OrbiMed Advisors and Technology Crossover Ventures top a portfolio of mid-life venture funds at the Oregon Public Employees Retirement System. The portfolio, with vintages of 2008 to 2010, favors mid-sized funds pursuing a late-stage or multi-stage investment strategy. Half the funds are between $400 million and $900 million in size, […]