By Alex Derber, VCJ Correspondent Emmanuel Macron prevailed against the nationalist challenge of Marine Le Pen in France’s May general election, a victory that was hailed by many, including in the VC community. Among the venture investors who back Macron is the co-founder and partner of Paris-based Elaia Partners, Xavier Lazarus, who notes that “Macron has been involved in the […]
California lawmakers are inching toward a possible resolution to a longstanding dispute with venture capitalist Vinod Khosla over public access to Martins Beach, south of Half Moon Bay. On May 31, the State Senate approved a bill that allows San Mateo County, nonprofit organizations and the public to contribute funds with which the state would […]
The Trump Administration is now more than 100 days old, yet its policies toward entrepreneurship and venture capital are still largely unclear. It released a broad set of guidelines on tax reform in April and Trump himself signed an executive order on immigration the same month urging a hire-American policy and calling for reforms to […]
The National Venture Capital Association’s spending on federal lobbying ticked up in the first quarter of 2017 compared to the same time period a year ago, according to data from the Center for Responsive Politics. The NVCA’s first quarter spending totaled $490,000 in 2017, compared with $428,000 during the same period in 2016, and $324,000 […]
Yaletown Partners has gone national by planting its flag in Montréal and introducing new team members, including the head of Open Text’s venture program. The Vancouver investor, which is raising a $135 million growth equity fund, on its website announced the opening of a Montréal office and recruitment of three senior investment pros. The hires include David Harris Kolada, who joins Yaletown as a venture partner. Harris Kolada most recently served as OpenText’s vice president, venture capital, overseeing all aspects of the software company’s $100 million strategy.
During the venture boom of the past several years, cash flocked to angel and seed investing as newly rich tech execs, Hollywood celebrities and hedge fund managers placed bets on they hoped would be the next billion-dollar-plus unicorn. The fast cash led to a jolt in valuations and a jump in quarterly seed and angel […]
Market researchers point to a slowing in seed and angel investing in the United States, but investors on the front lines of deal making don’t feel it Many report startup activity is high with plenty of seed funds ready to put up capital for the attractive teams and intriguing business plans they regularly see. “The […]
The excitement surrounding initial coin offerings is unmistakable, with claims popping up from all corners of the internet that the new fundraising model for blockchain-focused technologies could disrupt or altogether replace the traditional venture capital model. Some are already declaring that blockchain’s 1996 internet moment has arrived, while others are still asking what on earth […]
Funds from Union Square Ventures, Sofinnova Ventures and Technology Crossover Ventures lead a portfolio of maturing venture funds at the Oregon Public Employees Retirement System. The portfolio, with vintages of 2004 to 2006, favors mid-sized funds following an early-stage or multi-stage investment strategy. More than half of the funds are between $250 million and $600 […]
University of California investment staff cut management fees by $70 million to $100 million on an annual basis and are “obsessed with costs,” but they’re providing little detail on how they’ve achieved those savings. The numbers were disclosed by Chief Investment Officer and Vice President of Investments Jagdeep Singh Bachher in response to questions from […]