David Lee has left SV Angel, the seed fund he joined eight years ago and ran alongside angel Ron Conway. No explanation for the departure was readily available.
1 min read · 20 May 2015
Opportunity funds have become a competitive tool for early-stage firms hunting for the next Uber. Expect more of them.
3 min read · 19 May 2015
A pair of Portfolio Advisors funds lead the venture portfolio of Houston Firefighters’ Relief & Retirement Fund.
1 min read · 19 May 2015
1 min read · 18 May 2015
Funds from Coller, Permal, Landmark lead portfolio
1 min read · 18 May 2015
Angel investors pulled back a bit in 2014 with fewer dollars going to U.S. startups. Investments still added up to a healthy $24.1 billion, but were down 2.8 percent from 2013, according to a study.
1 min read · 15 May 2015
For several years, it seems, venture valuations and round sizes have been on a steady march upward. Here is some data running in the opposite direction. The law firm Cooley in its quarterly deal analysis found that median pre-money valuations for both Series A and C transactions fell in the first quarter.
1 min read · 13 May 2015
True Ventures says it plans to raise a $175 million select fund, according to an SEC filing. The fund - True Ventures Select 1 - would be the firm's first select fund, No first close has taken place, the document states. True portfolio company Fitbit last week unveiled its plans to conduct an IPO.
1 min read · 12 May 2015
LLR, Perseus-Soros lead Pennsylvania pension portfolio dominated by smaller funds.
2 min read · 12 May 2015
1 min read · 11 May 2015