Hardware could be the next big thing in venture and VCs are scrambling to understand the new, lean business model
7 min read · 01 July 2013
2 min read · 29 June 2013
Scifiniti said it raised $10 million in Series B funding from existing investors Alloy Ventures, Firelake Capital, I2BF Global Ventures and Peninsula Ventures. The company will use the money to bring its first product to market. Its SmartWafer is a replacement for silicon wafers used in solar cell manufacturing.
4 min read · 28 June 2013
San Francisco accelerator AngelPad said it will open a New York location for a fall class of startups. The organization plans to begin accepting applications by late summer and expects a demo day to take place in December or January.
1 min read · 28 June 2013
The Series A crunch is real and will leave some startups high and dry without the venture capital to continue, says Marc Andreessen. However, from an investor’s perspective, he says the fallout is an interesting Darwinian experiment in big ideas that will give VCs the opportunity to see which companies make it.
1 min read · 28 June 2013
Too much money in the hands of too few firms. When people talk about the challenges facing venture capital, their criticisms often boil down to this reality. Concentration limits competition and risk taking. It also was at the heart of the critique Union Square Ventures Managing Partner Fred Wilson offered on Thursday.
2 min read · 27 June 2013
There's no question bringing outsized returns to your limited partners will endear you to your investors. But what about emphasizing firm management, or staking out a differentiated advantage that will stand the test of time?
2 min read · 27 June 2013
Top Tier Capital Partners is closing in on its $400 million target for a new fund of funds to invest in venture capital. The San Francisco firm has raised $310 million for Top Tier Venture Capital VI, according to a pair of filings on Wednesday with the Securities and Exchange Commission.
1 min read · 27 June 2013
So far, 2013 has been a relatively welcoming environment for venture-funded startups. Twenty-five initial public offerings have been completed, according to Thomson Reuters, and 17 of them are trading above their offering price.
2 min read · 27 June 2013
Clean Power Finance said it received an investment from Duke Energy. Clean Power Finance already has an investment from Edison International and two other unnamed utilities. No financial details were released.
2 min read · 27 June 2013