Y Combinator’s Paul Graham announced on Friday he would no longer be involved in the day-to-day operations of the accelerator he co-founded. At the Launch conference on Monday he talked a bit more about the transition at the pioneering accelerator.
2 min read · 25 February 2014
Majority of Capital Link’s venture funds advanced early last year
2 min read · 24 February 2014
1 min read · 21 February 2014
Om Malik, founder of the news site Gigaom and a journalist for more than 20 years, said he has become a partner at True Ventures and will give up his day-to-day reporting duties. He had previously been a venture partner at the firm. In a blog post, Malik said he will remain on the Gigaom board and write as an occasional columnist, but no longer function as a daily employee.
1 min read · 20 February 2014
Private equity and venture capital investing in Latin America climbed for a third straight year as fund managers put $8.9 billion to work in 234 deals last year, according to the Latin American Private Equity and Venture Capital Association.
1 min read · 20 February 2014
SK Telecom Americas, the venture-capital arm of SK Telecom, unveiled its SKTA Innovation Accelerator to support early stage startups working on core technologies in the data center, telecom industry and information technology infrastructure. The accelerator will offer startups up to $750,000 in funding and match them with "strategic partners" at SK Telecom and outside companies. The aim is for startups to move to proof of concept.
5 min read · 20 February 2014
State pension fund’s Grove Street Advisors’ portfolio shows strong gains from Avalon, Foundry Group and Flagship
2 min read · 20 February 2014
Google on Wednesday launched Google Capital, a growth stage initiative designed to complement its venture capital arm, Google Ventures. Google Capital will be led by partners David Lawee, Scott Tierney and Gene Frantz, and, according to a Bloomberg report, has $300 million to invest.
1 min read · 19 February 2014
Private company valuations continue to run strong in Silicon Valley, a survey of fourth quarter financings found. The survey from Fenwick & West found that 71% of the law firm’s deals in the quarter were up rounds and 16% were down rounds.
1 min read · 19 February 2014
State pension fund’s Grove Street Advisors’ portfolio shows strong gains from Avalon, Foundry Group and Flagship
2 min read · 18 February 2014