News > Venture Capital, Capital Markets

Shocker: The VC Industry is Very Male and Very White
You may want to sit down for this: It turns out the venture capital industry is overwhelmingly white and overwhelmingly male, according to a new analysis by Richard Kerby. Okay, this isn't surprising at all if you've been paying attention to industry trends - and sexual harassment/gender discrimination  scandals - over the past several years. But just how bad is
Ex-Uber Execs Have Launched an 'Investor Syndicate' to Fund Startups From Uber Alum
Two former Uber executives have started an investor syndicate called Moving Capital that will invest in companies started by Uber alum, Axios reports. The private syndicate was launched by Josh Moherer, who will lead investments in New York City, and William Barnes, who will head operations on the West Coast, according to Axios. Moving Capital will operate via AngelList and
Tim Draper Says Bitcoin Will Be 'Bigger Than the Industrial Revolution'
If Bitcoin is still in need of a hype man, it may have just found him. A-List venture capitalist Tim Draper not only remains bullish on Bitcoin despite its recent struggles, he actually believes the cryptocurrency will be "bigger than the Industrial Revolution," as CNBC reports. If this seems rather hyperbolic, Draper has a lot more for you to chew
Report: Andreessen Horowitz is Prepping a New Crypto Fund
Silicon Valley venture capital heavyweight Andreessen Horowitz is prepping an exclusive fund to buy and sell cryptocurrencies, Recode reports. Andreessen Horowitz has already beenactive in the blockchain and virtual currency space, investing in "blockchain companies like Coinbase, in crypto-specific funds like Polychain Capital and in initial coin offerings, but, as a fund, it has not yet publicly traded the actual
Why a New Jersey-Based Cryptocurrency Startup is Getting a Lot of Love From Investors
Call it the anti-Bitcoin: Whereas the world's most popular cryptocurrency has fluctuated wildly between euphoric highs and dreaded lows, a crypto startup based in Hoboken, New Jersey aims for something a lot more predictable, as TechCrunch reports. Called Basis, the startup is working on developing a "stable coin," according to TechCrunch, "whose elastic supply will ostensibly expand and contract to
Dropbox, Spotify Have Venture Capitalists Extremely Bullish About Tech IPO Market
In the end, 2017 did not turn out to be the big turnaround for the tech IPO market that many analysts had predicted - or at least hoped for - following a historically bad year in 2016. Fairly or not, a lot of the blame for the mediocre showing last year  - okay, most of the blame - was placed
Report: Peter Thiel Maybe Made a Killing By Betting Big on Volatility
It turns out Peter Thiel might have a little extra cash on hand to help him settle into his new home in Los Angeles. The billionaire PayPal co-founder and early Facebook investor, who is ditching Silicon Valley for L.A., made a bet at the end of last year through Thiel Macro - which manages his fortune - "tied to the
Blue Apron Loses 15% of its Customers; Its IPO is Still a Disaster
Two of the most hyped public offerings last year in the tech space were Snap Inc. and Blue Apron (which is only tangentially a tech company, but it's on Nasdaq so we'll go with it) - and neither went very well. Snap quickly fell below its IPO price, while Blue Apron fell below the price of one of its meals.
Drake's Whiskey Brand is About to Go Public
Are you the biggest Drake fan in the world? Or, have you never listened to a Drake song in your life? Well, your aptitude with the oeuvre of the Grammy-award winning, platinum selling recording artist really doesn't matter if you like aged bourbon whiskey - or spirits in general - or are just looking to diversify your portfolio with a
Dropbox Has Confidentially Filed For an IPO
File-sharing company Dropbox Inc. has confidentially filed for an initial public offering with the Securities and Exchange Commission, Bloomberg reports. The San Francisco-based company, which was founded in 2007, is valued at $10 billion, according to Bloomberg. JPMorgan Chase and Goldman Sachs will reportedly lead the expected listing. Dropbox's IPO would be closely watched by Wall Street - not only