Venture Capital

 

  • Co-Founder Kathy Chan Steps Back At 137 Ventures, Becomes An Operating Partner At Khosla

    Co-Founder Kathy Chan Steps Back At 137 Ventures, Becomes An Operating Partner At Khosla

    137 Ventures, the secondary investment firm that recently raised (naturally) a $137 million second fund, is announcing that co-founder and partner Kathy Chan is stepping back from her full-time role at the firm, although she will continue to be involved as a advisor. Chan will be spending most of her time at Khosla Ventures — a spokesperson for Khosla confirmed that she has joined the… Read More

  • Eastern Europe Gets A New Venture Fund In Fiedler Capital

    Eastern Europe Gets A New Venture Fund In Fiedler Capital

    Central and Eastern Europe has got a new venture fund in Fiedler Capital. Headed up by managing partners Robert Hegedüs and Jordan Bocskov, the new seed and early-stage venture capital firm is looking to invest up to €250,000 in startups from Central and Eastern Europe and the Baltics. It’s headquartered in Vienna, Austria, but also has operations in Budapest, Hungary. They are looking… Read More

  • Backed By Tencent And Felicis, Scaled Inference Wants To Be The Google Brain For Everyone

    Backed By Tencent And Felicis, Scaled Inference Wants To Be The Google Brain For Everyone

    Google Brain, an artificial intelligence and machine learning project at Google, has been used to power services like Android’s speech recognition system and photo search on Google+. Now, two of the most longstanding machine learning engineers, one of whom worked on Google Brain, have left the search giant to start a new company. The idea: to build machine learning, artificial… Read More

  • Vinod Khosla To Speak At Disrupt SF

    Vinod Khosla To Speak At Disrupt SF

    We’re excited to announce that Vinod Khosla will once again take the Disrupt SF stage and give attendees an inside look at his investing approach. Khosla is the founder of Khosla Ventures, a venture capital firm that focuses on funding environmentally friendly technologies in addition to the standard lot of Internet, computing, mobile and silicon technology companies. Read More

  • Apis Partners Launches New Fintech Growth Fund For Africa, Asia

    Apis Partners Launches New Fintech Growth Fund For Africa, Asia

    Apis Partners, a new growth fund to back fintech startups out emerging markets like Asia and Africa, has launched, aiming to raise between $250 million and $300 million. Matteo Stefanel, previously a partner in emerging markets private equity firm Abraaj, created the fund with Udayan Goyal, a founder of fintech investment and advisory firm Anthemis Group. Plenty of innovation in financial… Read More

  • The Pressures Driving Adaptive Re-Use and Silicon Valley’s Strange Reverse Commute

    The Pressures Driving Adaptive Re-Use and Silicon Valley’s Strange Reverse Commute

    Given Google’s recent purchase of a building on the Embarcadero and the city’s move to effectively block Pinterest from relocating its headquarters into a specially-zoned building in the design district, I wanted to point out a few things. San Francisco is now at record employment levels after adding 60,000 jobs over the last four years. Commercial rents are hovering… Read More

  • RadiumOne Issues Not-Quite-Apology For Ousting CEO Who Pled Guilty To Domestic Violence

    RadiumOne Issues Not-Quite-Apology For Ousting CEO Who Pled Guilty To Domestic Violence

    Ad platform RadiumOne and its former CEO Gurbaksh Chahal have issued a joint statement that is intended to “bring an end to all disputes they have had.” RadiumOne removed Chahal in April following media criticism of his guilty plea for charges of misdemeanor domestic violence battery and battery. “The Board did not intend to hurt Gurbaksh,” the statement reads. The… Read More

  • Funding The Right Stuff

    Funding The Right Stuff

    People are saying that Silicon Valley venture capitalists have lost their way. They argue that we invest far too much money in startups that are either addressing trivial markets or problems that affect a few privileged 20-somethings. “The entire Bay Area appears to have given up on solving anything but its own problems,” wrote Christopher Mims of The Wall Street Journal on July 7… Read More

  • Investors Cash Out Of Payment Technology Startups

    Investors Cash Out Of Payment Technology Startups

    Even as a clutch of new payment technology companies including Zooz Mobile and Plastiq announce new financing rounds today, it seems like investors are no longer paying out for payment companies. Over the past three quarters, the number of venture-backed payments companies has declined, tumbling from 59 startups in the third quarter of 2013 to just 41 companies in the second quarter of 2014. Read More

  • Y Combinator May Be Worth One Billion Dollars. Here’s The Math

    Y Combinator May Be Worth One Billion Dollars. Here’s The Math

    Y Combinator’s president Sam Altman dropped some big stats about his prestigious startup accelerator today. But there’s a few he left out that can be estimated based on his announcement that the combined market cap of all YC companies exceeds $30 billion. Specifically, you can use that number to approximate how much YC’s stake is worth. The ballpark answer? Around $1.05 billion. Read More