Greylock Partners related stories
All articles and analysis
Side Letter: APAC's sidecar spateSidecars are being used in Asia-Pacific for reasons beyond just geopolitical uncertainty. Plus: late breaking news on Abrdn's European PE business; and VC and growth capital drag down Stanford's returns. Here's today's brief, for our valued subscribers only.
- VC firm Thrive raises $700m for fifth fund
The fast-growing venture capital firm co-founded by Joshua Kushner – whose brother Jared is Donald J. Trump’s son-in-law – raised almost double the $400m it secured in 2014, and will now be managing almost $1.5 billion in assets.
- Startup valuation drop is a welcomed change
Venture capital experts believe the recent wave of lower valuations for certain unicorn startups is nothing to worry about; rather, they think it will push investors to be more selective and realistic.
- Just Eat valued at £1.5bn
The Vitruvian-backed restaurant delivery business is expected to raise £360m in an IPO.
- A case against co-investing
Bringing in limited partners on smaller transactions is not necessarily always the best way to generate a strong return, according to mid-market firm Huntsman Gay. Graham Winfrey reports
- Church of England to review PE holdings
The revelation that an LP commitment to Accel Partners' 2009 fund makes the church an indirect investor in Wonga, a payday loan provider it has publicly criticised, has prompted the church to review its entire portfolio.
- Greylock closes Fund XIV on $1.1bn
Silicon Valley-headquartered Greylock Partners has used capital from 14 funds to invest in Facebook, Pandora, ZipCar and other online marketplaces and social networks.
- Elevation slightly less elevated on Facebook
Nasdaq glitches, weak forecasts and an investor lawsuit have plagued social media giant Facebook in the days following its blockbuster IPO.
- Facebook IPO reaps billions for private investors
Facebook has raised $16bn in its IPO, valuing it at $104bn. Accel, Greylock, Elevation, Goldman, Meritech and Millennium are among the firms with potential exits to celebrate.
- Facebook sets price range for IPO
Venture capital and private equity shareholders are poised to generate exorbitant returns with Facebook’s IPO price range, which puts the social media site’s valuation at almost $100bn.