Bonfire Ventures secures $230M for two new funds targeting B2B software startups
Bonfire Ventures, a Los Angeles venture capital firm, invests in seed-stage business-to-business software companies and aims to change the odds so that more than the average 33% of companies in this sector make it to Series A.
The firm seems to have some good traction so far. It says over 85% of it
Indigov lands more funding to connect besieged lawmakers and their oft-frustrated constituents
Republican lawmakers are facing growing anger over the deadliest mass shooting at an American school in nearly a decade yesterday, with many of their constituents expressing frustration over their repeated votes against even modest gun control reforms.
Social media can’t solve the problem. In
4 investors discuss the US cannabis market’s prospects in Q3 2022
Cannabis is still a long way from being legal at the federal level in the United States, but startups in the space — and their investors — aren't deterred. Indeed, many are braving a tough journey because they see the potential and opportunity in the long term.
To understand where the canna
The IRS’s crypto tax partner, ZenLedger, raises $15 million Series B
Government tends to struggle when it comes to keeping up with tech innovation. The past U.S. tax season that just wrapped up in April was particularly stressful for investors and the Internal Revenue Service (IRS) alike, as both struggled with the implications of 2021’s crypto investing boom.
Amid crypto market turmoil, Andreessen Horowitz announces $4.5 billion web3 fund
Despite a gloomy outlook for crypto markets based on the past few weeks of token turbulence, venture capitalists looking to spend their way into a web3 future aren’t taking their foot off of the gas.
Andreessen Horowitz, which underwent a bit of a transformation over the past few years scalin
Sequoia Capital plays Nostradamus (again)
Sequoia Capital, the storied, 50-year-old venture firm, has become known over the years for using sweeping memos to warn the founders in its portfolio about market shifts after the shift has become somewhat obvious.
Still, while it’s tempting to poke fun at these missives — its “R
Daily Crunch: 7 months after raising $1B, grocery delivery Gorillas exits four countries and lays off 300
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It's the 24th of May, 2022, and today Amanda made us laugh with her “Welcome to Hell, we all drive Teslas,” subhead to her story about Everything you want
Y Combinator-backed fintech Pebble uses stablecoins to offer 5% yield on cash
As equities continue to trade down from recent peaks, investors are searching for higher returns. Some have turned to the crypto-based decentralized finance (DeFi) realm, where yields from lending and staking cryptocurrency can range from 1% to as high as 15% for riskier projects.
Others are lookin
Pear, now nearly 10 years old and with numerous hits, looks to close its biggest fund by far
Pear, a Palo Alto, Ca.-based venture firm that we’ve been tracking since its outset in 2012, looks to be raising a fourth fund that’s targeting $410 million in capital commitments, shows a new SEC filing.
It would be a big step up from Pear’s first three funds, which closed progre
Look what's happening online today at TC Sessions: Mobility 2022
Welcome to Online Day at TC Sessions: Mobility 2022! Opportunity knocks just as loud online as it does IRL, but this knock can be heard around the world. You'll find everything listed in the event agenda, but here's a quick rundown of what's in store. Plan your day to reap optimal oppor
Tune in tomorrow for Online Day at TC Sessions: Mobility
The two in-person days of TC Sessions: Mobility may almost be in the rearview mirror, but we're not done yet. We still have plenty of Mobility action and opportunity waiting for you at our online event tomorrow, May 20. Here’s a quick look at what's on tap.
All ticket holders have acc
YC advises founders to ‘plan for the worst’ amid market teardown
Y Combinator, a Silicon Valley kingmaker, is advising its portfolio founders to “plan for the worst” as startups across the globe scramble to navigate a sharp reversal after a 13-year bull run.
The investment firm — whose early backings include investments in Dropbox, Coinbase, Airbnb
For better or for worse: Managing founder-CEO tension inside a startup
“Are you gonna hire a bunch of useless salespeople like they have at Oracle?”
This was the first of many memorable interactions I had with Eliot Horowitz. Eliot was the founder and CTO of MongoDB, and in late 2010, I was interviewing to come aboard as president. Product-led growth was f
Andreessen Horowitz debuts $600 million fund for games investments
Andreessen Horowitz is launching a new vertical fund exclusively focused on opportunities in the games industry.
The new $600 million fund brings a pool of dedicated capital and a new internal structure dedicated to sourcing deals inside the games vertical. The new vehicle, called Games Fund One, j