Private Equity
2 min read · 01 November 2017
5 min read · 30 October 2017
5 min read · 25 October 2017
2 min read · 23 October 2017
2 min read · 23 October 2017
2 min read · 20 October 2017
2 min read · 19 October 2017
San Francisco-based Blockchain Capital has raised $59,720,000 of a targeted $75 million fourth fund, according to a regulatory filing. The firm is led by brothers Brad and Bart Stephens and focuses on investments into blockchain technologies. Thus far, 76 investors have committed to the fund, according to the filing. In April, the firm raised $10 million of its third fund through an initial coin offering, or ICO, VCJ previously reported.
1 min read · 17 October 2017
Initial coin offerings took the summer by storm, with more than US$1.5 billion raised from April through August. Reactions have been extreme and varied. For VCs, digital-token offerings present opportunities and challenges. They open the door to new liquidity for startups and investors, while presenting a host of regulatory issues. Waterloo-based Kik Interactive, the anonymous social-media app founded in 2009, is raising US$125 million by selling digital tokens called Kin. Paul Holland, a general partner at Foundation Capital, which invested in the company five years ago, spoke with Venture Capital Journal about the ICO strategy.
4 min read · 22 September 2017
5 min read · 18 September 2017
