Connie Loizos

Loizos has been reporting on Silicon Valley since the late ’90s, when she joined the original Red Herring magazine. She is currently the Silicon Valley Editor of TechCrunch. She’s also the founder of StrictlyVC, a daily e-newsletter and events business.

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  • Jobble makes finding jobs easier in developing countries

    Jobble makes finding jobs easier in developing countries

    According to the latest Mobility Report from Ericsson, there are 2.6 billion smartphone subscriptions globally, and that number looks to jump to 6.1 billion smartphone users 2020, with much of the growth coming from developing countries. What that means: people who haven’t had access to modern luxuries are increasingly able to access valuable services on their phones. Some of the… Read More

  • Entrepreneurs sense power shift back to VCs in annual First Round Capital survey

    Entrepreneurs sense power shift back to VCs in annual First Round Capital survey

    First Round Capital just published its second-ever State of Startups report, and it’s chock full of interesting sentiments from a survey of more than 700 founders — some of whom have ties to the early-stage venture firm and some who operate outside it. Taken altogether, it suggests that founders remain highly optimistic about their chances of success, but they also sense that… Read More

  • Founder Collective easily finds $75 million for fund three

    Founder Collective easily finds $75 million for fund three

    Founder Collective, the seven-year-old, Cambridge, Ma.-based seed-stage venture fund, has closed its third fund with $75 million in capital from a small group of limited partners whose anchor investors are the the firm’s three partners: David Frankel, Micah Rosenbloom and Eric Paley. “Unlike most funds, the partners are, in fact, the single-largest investor in [our new fund]. So… Read More

  • Accel India closes its newest fund with $450 million — and in record time

    Accel India closes its newest fund with $450 million — and in record time

    Accel India has closed its fifth fund with $450 million, roughly two years after closing its fourth fund with $325 million. Whether it’s another sign of froth in the country or underscores a very real opportunity remains open to argument. In the meantime, Shekhar Kirani, a Bangalore-based partner who joined Accel in 2011, answered some of our related questions via email last… Read More

  • Europe is poised to give Silicon Valley a run for its money, argues a new report

    Europe is poised to give Silicon Valley a run for its money, argues a new report

    You might think Europe is treading water these days, with one of its biggest financial centers, London, hamstrung by Brexit and the uncertainty it has fostered. You’d be wrong. So suggests a new survey by the venture firm Atomico that persuasively argues that Europe’s tech scene is instead being fast propelled forward by three new trends:  a well of so-called “deep… Read More

  • A prominent Silicon Valley investment banker is suing Theranos, and seeking class-action status

    A prominent Silicon Valley investment banker is suing Theranos, and seeking class-action status

    Theranos, the 13-year-old, Palo Alto-based health technology company, is being sued by two more investors who say they were lied to about Theranos’s health and its prospects by founder Elizabeth Holmes and former president and COO, Ramesh “Sunny” Balwani, who was reportedly long one of the Holmes’s closest confidants. The suit is the third that Theranos has been… Read More

  • Peter Thiel taps a principal at Founders Fund for Trump’s transition team

    Peter Thiel taps a principal at Founders Fund for Trump’s transition team

    Peter Thiel is famously loyal to his employees, and vice versa. Many of the dozens of people employed by his venture firm, Founders Fund, once worked for Thiel at his hedge fund, Clarium Capital. He even co-founded a late-stage venture firm, Mithril Capital, with one former Clarium managing director, Ajay Royan. Little wonder then that Thiel is reportedly pulling one principal at Founders… Read More

  • Sherpa Foundry casts a wider net, hoping to catch customers abroad

    Sherpa Foundry casts a wider net, hoping to catch customers abroad

    Sherpa Foundry — a three-year-old, San Francisco-based group that’s among a growing number of outfits to help older and non-tech companies better understand how tech startups might help them — is looking to fold in some new customers. It anticipates a growing number of them will come from overseas, too. While Sherpa Foundry launched with four corporate partners —… Read More

  • A longtime VC on the virtues of not swinging for the fences

    A longtime VC on the virtues of not swinging for the fences

    There’s a winner-take-all mentality in Silicon Valley. Unfortunately, it has distorted the thinking of countless entrepreneurs who’d likely be better off running smaller companies — and giving up less ownership to investors in the process. While funding announcements are widely celebrated as milestones, the reality is that founders often wind up with far less than their… Read More

  • This 18-year-old just raised $3.5 million to help developers easily add capabilities to their apps

    This 18-year-old just raised $3.5 million to help developers easily add capabilities to their apps

    RapidAPI, a two-year-old, San Francisco-based startup that enables developers to find, test, and manage many of the APIs they want to integrate into their apps, has raised $3.5 million in seed funding. The round was led by Martin Casado at Andreessen Horowitz, with participation from FundersClub, SV Angel, Green Bay Advisors, and 500 Startups, whose accelerator program it recently passed… Read More

  • Harry Weller, a “Midas List” VC and the head of NEA’s East Coast practice, has passed away

    Harry Weller, a “Midas List” VC and the head of NEA’s East Coast practice, has passed away

    Harry Weller, who has long led the East Coast venture practice of New Enterprise Associates from Washington, D.C., passed away unexpectedly last night. He was 46. Weller had joined the firm in 2002, not long after nabbing an undergraduate degree in physics from Duke University and an MBA from Harvard. Neither his family nor NEA has released details of what happened; NEA just issued the… Read More

  • Seen enough? Here’s how to get the SEC’s attention

    Seen enough? Here’s how to get the SEC’s attention

    McKessy left the agency in late July to join the Washington office of the whistleblower law firm Phillips & Cohen. He was in San Francisco this week, however, and we sat down with him to discuss a range of things, including how often the agency hears from the startup world, whether the SEC is likely to pursue fewer cases in Silicon Valley under a Trump administration and, either way… Read More

  • YC tries a new experiment: temporary partners

    YC tries a new experiment: temporary partners

    Y Combinator has developed a reputation under its president, Sam Altman, for iterating — a lot. The accelerator program’s newest twist? Temporary or “visiting partners” who will be asked to become highly involved with a particular “batch” or YC class based on their particular expertise. The partners will be a bit like YC’s “part-time… Read More

  • Zwift, a multiplayer game that’s making indoor athletics more social, just raised $27 million

    Zwift, a multiplayer game that’s making indoor athletics more social, just raised $27 million

    If you haven’t heard of Zwift, founded two years ago in Long Beach, Ca., you aren’t alone. But investors have been following the company. Its massive, multiplayer video game technology, which caters to indoor cyclists, just attracted $27 million in Series A funding in a round that brings Zwift’s total funding to $45 million. The round was led by the private equity… Read More

  • Boldstart Ventures locks down $47 million for fund three

    Boldstart Ventures locks down $47 million for fund three

    Boldstart Ventures started off with $1 million in 2010 as a kind of experiment. Could a New York-based outfit find enough seed-stage, enterprise-focused, East Coast opportunities to rationalize a bigger fund? The answer, seemingly, is yes. Boldstart, founded by longtime VC Ed Sim (who’d spent the previous decade-plus an investor with Dawntreader Ventures), just closed its third fund… Read More

  • Spark Capital suddenly has $1 billion to invest

    Spark Capital suddenly has $1 billion to invest

    Spark Capital, whose investments have included Twitter and Cruise Automation, has closed on $1 billion in commitments, it revealed earlier today. The 11-year-old firm, which has offices in Boston, San Francisco, and New York, closed its fifth early-stage fund with $400 million, down slightly from the $450 million it had raised for its fourth-early stage fund, which closed in 2013. Spark… Read More

  • Valuation metrics show weakening for the fourth straight quarter

    Valuation metrics show weakening for the fourth straight quarter

    The law firm Fenwick & West quietly released its third-quarter venture capital survey this past Friday, and its findings aren’t exactly shocking. At the same time, they hint at problems to come for some startups. The survey, which analyzed the valuations and terms of financings for 149 Bay Area companies that raised capital in the third quarter, showed that 71 percent of those… Read More

  • Investing in the future of urbanization

    Investing in the future of urbanization

    For roughly a year, Niko Bonatsos, a managing director at the venture firm General Catalyst Partners, didn’t make a single investment. He was meeting with startups daily, as it’s his job to do. But Bonatsos, who steered General Catalyst to Snapchat in 2012, was finding it hard to be inspired by what he was saw. That changed in September, says Bonatsos, who has spent half his time… Read More

  • Lyft denies report — okay, tweet — suggesting its COO is in talks with Trump’s transition team

    Lyft denies report — okay, tweet — suggesting its COO is in talks with Trump’s transition team

    Yesterday, former Fortune reporter Dan Primack reported that not only was billionaire investor Peter Thiel being considered for Donald Trump’s transition team but that Thiel was, in fact, already on it as of yesterday. That report has since been confirmed. Now, a newer report from Primack — a tweet, actually — states that Trump’s transition team is “looking… Read More

  • Yep, 2016 is on pace to see the fewest IPOs since 2009

    Yep, 2016 is on pace to see the fewest IPOs since 2009

    While September might have been a good month for IPOs, things have slowed down considerably again, and don’t expect that to change before the first quarter of 2017. The last six weeks of the year are typically slow. There’s also the black swan outcome of the U.S. presidential election to factor into the picture. What that means: 2016 will likely see as few IPOs as 2009 —… Read More

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