Variety reports: Phil Anschutz, chairman of the live music giant Anschutz Entertainment Group (AEG), has taken no small amount of criticism since it was revealed that his private family foundation had donated to organizations with anti-LGBT agendas. Show More Summary
Roberta Mann presents I Robot: U Tax? today at Australian National University: In a 2017 interview, Microsoft founder Bill Gates recommended taxing robots to slow the pace of automation. Funds raised could be used to retrain and financially support displaced workers. Up to 47 per cent of US jobs are...
It takes a village to grow a startup, so Village Global is offering access to a deep network of top tech execs to lure founders to its seed fund. Today, Village Global announced it’s raised $100 million for that fund that was first unveiled in September. In exchange for equity, portfolio companies get investment plus […]
The live-streaming game show app HQ Trivia has raised $15 million in funding through an investment from venture-capital firm Founders Fund and Lightspeed Venture Partners....
Next Frontier Capital announced today that it has raised a $38 million fund to deploy more capital to Montana startups. The fund is the Bozeman, Montana-based firm’s second. Founder and general partner Will Price made the announcement today at VentureBeat’s Blueprint conference. “We feel like with the launch of the second fund, we’re riding a […]
Uber's embattled cofounder and ex-CEO Travis Kalanick has found his next gig. Kalanick, who sat at the helm of the ride-hailing app until getting pushed on in June, announced a new venture capital fund on Wednesday called "10100." The...Show More Summary
The Wi-Fi marketing startup on Wednesday laid off about 20% of its staff, less than a year after raising funding from prominent investors including Peter Thiel’s Founders Fund, NBA star Kevin Durant and actor Ashton Kutcher
Enterprise health management startup Collective Health has added another $110 million to the coffers from existing high-profile investors such as Founders Fund and Alphabet’s investment arm GV, bringing the total now raised to a cool $230 million. Read More
Three weeks ago, news broke that Dan Och was stepping down as CEO of the once iconic Och-Ziff hedge fund (which as of January 1 managed $32BN in AUM), following internal turmoil in the form of a growing feud between founder Daniel Och and former superstar trader Jimmy Levin. Show More Summary
Public K-12 schools are facing budget shortfalls amid reductions in government funding. Steve Schwarzman, the billionaire founder of private-equity firm Blackstone Group, recently gave a $25 million donation to his public high school. Such...Show More Summary
From SmartMonkeyTV: Co-Founder Chinedu Azodoh, MAX talks about: the origins of MAX as a Nigerian start-up; how the founders assumptions changed through piloting the business; going to Techstars in 2015; closing its funding round; adding personal motorbike rides; growing the business; and expanding to other countries.
Signal has announced that WhatsApp c0founder Brian Acton is providing $50M in funding for future development of the secure messaging app … more…
David Einhorn's performance woes keep getting worse. One month after the Greenlight founder sent a letter to clients disclosing that the fund had declined 1.6% in Q4 (bringing its total 2017 return to just 1.6%, below the average hedge...Show More Summary
What do you do when your first startup is acquired by Google shortly after launch? Hang around at Google for a few years and then launch your next venture, of course. That’s exactly what Stackdriver founders Dan Belcher and Izzy Azeri did after they sold their cloud systems monitoring business to Google back in May, 2014. […]
Almost two decades in the making, the Long Now Foundation’s 10,000 Year Clock is finally being built deep inside a giant hole in the Middle of Nowhere, Texas. The nonprofit has received $42 million in funding from Amazon founder Jeff Bezos. But the idea for the clock was actually hatched by computing pioneer Danny Hillis. Way […]
This post is part of Business Insider's ongoing series on Better Capitalism. AOL founder Steve Case and "Hillbilly Elegy" author JD Vance are overseeing the $150 million Rise of the Rest Seed Fund, operated through Case's venture capital...Show More Summary
Celularity is a New Jersey-based startup co-founded by X-Prize founder Dr. Peter Diamandis and ex-Celgene executive Dr. Bob Hariri. It has raised $250 million in funding for its stem-cell-based platform. The company is specifically using...Show More Summary
By focusing just on numbers it predicts will drive success–culled from billions of data points in its system–CircleUp has come to support companies with a wider range of founders than traditional VCs. When Madeline Haydon launched aShow More Summary
Things have sure been strange in the world of hedge funds lately. Take Bridgewater, whose founder on January 23 was mocking cautious investors everywhere saying "we are in this Goldilocks period right now. Inflation isn’t a problem. Growth is good, everything is pretty good with a big jolt of stimulation coming from changes in tax laws. Show More Summary
Chris Cole, Founder and CIO of Artemis Capital, has often been mentioned on this site ("Beware the false calm", "It's Not The Everything Bubble, It's The Global Short Volatility Bubble", "The Coming Crash Will Be Like 1987...But Worse",...Show More Summary