Venture

Unparalleled contrasts have marked the last decade and a half — from the devastating plunge of a major housing crash to the soaring heights of the longest bull market and the unforeseen havoc of a global pandemic. Amid these turbulent times, the VC accelerator industry has emerged as a stalwart p

While it’s often held that the early-stage investing market has generally fared better in this funding slowdown of the last 18 months or so, things haven’t actually been very good for pre-seed startups trying to raise money. Thankfully, it appears the pre-seed market is starting to reco

For the last year and a half, there is only one point I've sought to make with my venture coverage: that the industry is not separate from sociopolitical context. That the tech industry and its backers are not separate from the economic fabric of this nation and the mores of our society. This b

The White House is briefing TikTokers about the war in Ukraine. A Twitch streamer's PS5 giveaway sparks a bonafide riot. A 25-year-old YouTuber from North Carolina is one of Time Magazine's 100 most influential people in the world. If you underestimate the power of internet personalities, y

Fearless Fund, an Atlanta-based fund that invests solely in women founders of color, has responded to the suit filed against it by the American Alliance for Equal Rights (AAER), accusing it of racial discrimination. In a statement, the fund said that it was “proud of the work [it has] done at

South African growth-stage investor Knife Capital has reached the final close of its $50 million fund. The third fund addresses a critical funding gap in growth stages where local investors have historically fallen short.  In a February 2021 interview with managing partner Andrea Bohmert, she note

London-based Pretiosum Ventures has reached the first close of what technewss understands could eventually be a $20 million second fund. Founded in London in 2019 by Yana Abramova, the solo GP fund invests in “infrastructure” startups (enterprise SaaS, fintech, and web3). Pretiosum (a

Last year, Jonas Heineman was overseeing a team of commercial project managers as they installed hundreds of electric vehicle charging stations. Heineman’s wife was also pregnant with their first child. Given his busy days and evenings filled with planning for the couple’s growing famil

WeWork is struggling to survive in a post-pandemic world. In announcing its earnings today, the flexible space provider said that “substantial doubt exists about the company's ability to continue as a going concern.” WeWork has faced a number of challenges for years now, and

As SoftBank prepares to dive deeper into AI investments, the group posted an unexpected consecutive quarterly overall loss, as well as a continued loss in its existing investment business. The Vision Funds actually posted a gain for the quarter of $0.8 billion, including shared assets such as its A

The first official piece of policy around diversity efforts in venture capital may soon see the light of day, but not because of any action by the government. In a complaint filed this week, the American Alliance for Equal Rights — founded by conservative activist Edward Blum, the man driving the

Dan Gwak has had a more varied life than many investors. He grew up in Jakarta, the son of Korean parents who ran a shipping business. After high school, he headed to Cornell in the U.S. and became an associate at The Carlyle Group. Everything was moving up and to the right, so to speak. Then, like

The pandemic disrupted the office in a fundamental way. Remote work turned from a nice perk to a way of life for many. It's an abrupt change for a tech industry that has a long history of rolling out perks to keep employees in the office for as long as conceivably possible. Google is among thos

A venture fund maintaining some allocation for follow-on investments is not unheard of. But should VCs do this? After all, if a company achieves wild success — the goal of any venture investment — then the initial investment will always do better than any follow investment. So,