Joe Lonsdale

8VC raises $880M in new fund that aims ‘to fix a broken world’

Austin-based venture firm 8VC, led by controversial Palantir founder Joe Lonsdale, has raised $880 million in its fifth fund. In a blog post published today, Lonsdale — who serves as 8VC’s gen

Twitter denies Musk’s countersuit claims with a lot of snark

Twitter has filed a legal response denying Elon Musk’s counterclaims about the company he’s supposed to acquire — a deal he’s trying to exit by claiming Twitter fraudulently mi

VC Joe Lonsdale’s tweets about ‘woke’ tech diversity spark investor pushback

Last week, in response to a Black entrepreneur who said VCs are racist, venture capitalist and entrepreneur Joe Lonsdale attributed disparities in venture capital investing to “average black culture

Austin-based iFly.vc closes $46M second fund from legendary tech founders

To compete with the myriad venture capital firms in Silicon Valley, iFly.vc has a unique vantage point. Its founder Han Shen has straddled the United States and China for several decades. He was the f

Terraformation gets $30M to fight climate change with rapid reforesting

Every startup is trying to fix something, but Terraformation is tackling the only problem that must matter to all of us: climate change. This is why it’s in such a big huge hurry. Its mission &#

Brazil’s Loft adds $100M to its accounts, $700M to its valuation in a single month

Nearly exactly one month ago, digital real estate platform Loft announced it had closed on $425 million in Series D funding led by New York-based D1 Capital Partners. The round included participation

Pipe, which aims to be the ‘Nasdaq for revenue,’ raises more money at a $2B valuation

Fast-growing fintech Pipe has raised another round of funding at a $2 billion valuation, just weeks after raising $50 million in growth funding, according to sources familiar with the deal. Although t

Quaestor is reinventing business metric collaboration for the startup party-round era

Business is the foundation, of, well, business. For startups, finding a working business model and honing it through decision-making, smart hires and relentless focus on the right metrics can be the d

Linking combat veterans and Valley engineers, Reveal’s drone technology wins DoD contracts, VC cash

When Garrett Smith graduated from Stanford University to take a job with the drone startup Kespry, he’d not only wrapped up studying at one of the nation’s most prestigious universities, b

With an ex-Uber exec as its new CEO, digital mental health service Mindstrong raises $100 million

Daniel Graf has had a long career in the tech industry. From founding his own startup in the mid-2000s to working at Google, then Twitter, and finally Uber, the tech business has made him extremely we

Terminal raises $17M led by 8VC to source and build remote teams of engineers

As LinkedIn announces the next stage of its own ambitions in the world of recruitment by bringing in more big data insights, another one of the startups indirectly chipping away at its position among

Unraveling immigration politics and Silicon Valley ethics with Jaclyn Friedman

Immigration may not seem to be a tech issue. But for Americans with some personal or family experience with the idea of separated families and/or concentration camps, it can be hard to see what is cur

Karat nabs $28M led by Tiger Global to grow its human-powered online interview platform for engineering jobs

A high demand for engineering talent in our digital world has driven companies that need to make these technical hires to cast their nets wider in the search for good people. Now, a company that has b

Former Formation 8 GP Shirish Sathaye joins Cervin Ventures

Shirish Sathaye has joined the enterprise-focused VC Cervin Ventures as a general partner. He remains a partner in Formation 8's second fund.

The death of once high-flying VC funds

They all started with the best of intentions. Formation 8 talked about bringing “smart enterprise” to the corporate world. Social Capital talked about how to “fix capitalism” and B

8VC has closed its second early-stage fund, seemingly with an eye on logistics and biotech

8VC, the early-stage, San Francisco-based venture firm founded in 2015 by serial entrepreneur Joe Lonsdale and four other general partners, has closed it second early-stage venture fund with $640 mill

Addepar raises $140 million so more of the ultra rich can know exactly what they’re doing with their money

Addepar, the provider of data collection and monitoring services for the financial industry (it's Palantir's somewhat less ethically compromised cousin), has raised a whopping $140 million in its late

Joe Lonsdale pours $4.55M for alcohol IoT startup Nectar

Nationally, bars today lose billions of dollars from improperly managed alcohol inventory. These losses add up quickly as a result of oversized pours, spills and even theft. Nectar, a stealth connect

Formation 8 Axes Plans For Third Fund, Lonsdale Now Raising $400M For “8 Partners”

We’ve heard about consolidation in the word of startups; today comes some news about a thinning of the ranks among VCs. Formation 8 — the VC firm co-founded by Palantir’s Joe Lon

High-Profile Lawsuit Against VC Joe Lonsdale Dropped

Former Stanford student Elise Clougherty has dropped a high-profile lawsuit against venture capitalist Joe Lonsdale, a former paramour who Clougherty later accused of sexual assault. Lonsdale, who had
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