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Posts tagged "VC"

Funding Flash: a new firm in town, and $500 million available for biotech

In case Silicon Valley’s venture pool wasn’t frothy enough for you, there’s a new VC firm in town. PointGuard Ventures, started by VC veterans Krish Panu and Pete Thomas, announced on Thursday their new fund and first investment. The winner? Movius, Read More →

Quoted: Tim Draper invokes slavery, with California government as oppressor

"Over the last 15 to 20 years, I feel like the government is saying, 'You’re working for me.' We've gone from, in effect, a very free country to one where it's moving toward, I guess it's slavery." — Tim Read More →

Funding news: Imgur and Andreessen; Lyft and Alibaba

Imgur, the hot photo-sharing site, announced today that it has scored its first round of funding: a cool $40 million from Andreessen Horowitz, with reddit also participating. The nearly 5-year-old San Francisco startup — which boasts more than 100 million Read More →

Funding news roundup: Airbnb, Coupa, Gigwalk, Augmedix

Talk about a sharing economy: Airbnb — the San Francisco startup that lets travelers find places to crash on people's couches for less than they would pay at a hotel — reportedly is close to raising a round Read More →

Quoted: Ben Horowitz on hiring rich people

"I had a terrible time hiring rich people. It sounds funny but the problem is when things go wrong they can ask, 'Why am I doing this?' You don’t ever want anybody asking that question. You want them to say, Read More →

WhatsApp investor started as journalist, later donated millions to charity

Michael Moritz, one of the founders of the legendary venture capital firm that found a $3 billion return this week by investing in WhatsApp, didn't start out as a VC millionaire, but rather as a journalist for Time Magazine covering Read More →
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