Hedge Fund That Bet Against GameStop Shuts Down
A London-based hedge fund that suffered losses betting against US retailer GameStop during the first meme stock rally in January is shutting its doors [Editor's note: the link may be paywalled; alternative source]. From a report: White Square Capital.....»»
Brazil’s Positive Ventures closes on $10M fund for impact investing
Positive Ventures, a Sao Paulo-based venture firm, has secured $10 million for its latest fund. Positive Ventures has raised the capital from an impressive list of LPs including investor Luis Stuhlberger, founding partner of Verde Asset Management an.....»»
Run With Me To Help Prevent Youth Suicide
It’s time for the 2nd annual Emerge Virtual 5k Run produced by Rise Against Suicide (formerly Second Wind Fund of Boulder County). It’ll be from 8:00 am to Midnight MT on Sunday, May 2, 2021. Amy and I are helping underwrite it as we.....»»
Founded by Australia’s national science agency, Main Sequence launches $250M AUD deep tech fund
Main Sequence, the venture firm founded by Australia’s national science agency, announced today a new $250 million AUD (about $194.3 million USD) fund to invest in deep-tech startups. This is Main Sequence’s second fund and its oversubscribed rai.....»»
Hawke Ventures raises $5.6M to back digital marketing startups
Hawke Ventures, the investment arm of marketing consultancy Hawke Media, is announcing that it has closed its first $5.6 million venture fund. Managing Partner Drew Leahy acknowledged that the firm’s focus on marketing technology isn’t ex.....»»
Should you give an anchor investor a stake in your fund’s management company?
Raising capital for a new fund is always hard. But should you give preferential economics or other benefits to a seed anchor investor who makes a material commitment to the fund? David Teten Contributor.....»»
COVID emergency shuts Japan’s Super Nintendo World one month after opening
Construction continues on US versions of Nintendo-themed park. L-R: Luigi, Super Mario series creator Shigeru Miyamoto, and Mario, posing at Universal Studios Japan's upcoming Super Nintendo Wo.....»»
GM lays out new framework for working with diverse media
GM said its plans include hosting diverse media upfront meetings and creating a $50 million incubation fund......»»
At Basis Set Ventures, merging venture capital and software development yields a $165 million new fund
When Xuezhao Lan first formed Basis Set Ventures, the goal was to leverage technology to give venture capital investing super powers. From the earliest days, when Lan hired former TechCrunch reporter John Mannes, and then built out the team with the.....»»
At Basis Set Ventures merging venture capital and software development yields a $165 million new fund
When Xuezhao Lan first formed Basis Set Ventures, the goal was to leverage technology to give venture capital investing super powers. From the earliest days, when Lan hired former TechCrunch reporter John Mannes, and then built out the team with the.....»»
As capital pours in to climate investments, Congruent Ventures closes on $175 million for early stage bets
Congruent Ventures, the early stage investment firm focused on technologies and services designed to avert the current climate emergency, has raised $175 million in financing for its latest fund. The firm, which now has $300 million in assets under m.....»»
Hustle Fund backs Fintor, which wants to make it easier to invest in real estate
Farshad Yousefi and Masoud Jalali used to drive through Palo Alto neighborhoods and marvel at the outrageous home prices. But the drives sparked an idea. They were not in a financial position to purchase a home in those neighborhoods (to be clear, no.....»»
Druva raises $147M at a valuation north of $2B as the cloud rush continues
Druva, a software company that sells cloud data backup services, announced today that it has closed a $147 million round of capital. Caisse de dépôt et placement du Québec (CDPQ), a group that manages Quebec’s pension fund, led the round, wh.....»»
Zoom launches $100M Zoom Apps investment fund
When Zoom launched Zoom Apps and the Marketplace as a place to sell them last year, it was a big signal that the company wanted to be more than just a popular video conferencing application. It wanted to be a platform, which developers could use to b.....»»
Tech companies including Amazon, Google, and Uber say they agree to a corporate tax hike to fund the American Jobs Plan
Earlier this month, President Joe Biden publicly criticized Amazon and 90 other companies that pay little or no federal income tax despite earning a significant profit. He also promised to put an end to the practice and close a loophole in the tax co.....»»
Katie Haun on saying yes to Coinbase and where a16z’s crypto fund is placing its bets now
Coinbase, the newly public cryptocurrency exchange, has had it share of ups and downs. Still, the nearly nine-year-old, San Francisco-based outfit got a lot right ahead of its highly successful direct listing this week, including, seemingly, inviting.....»»
Katie Haun on saying yes to Coinbase and where a16z’s crypto fund is largely placing its bets now
Coinbase, the newly public cryptocurrency exchange, has had it share of ups and downs. Still, the nearly nine-year-old, San Francisco-based outfit got a lot right ahead of its highly successful direct listing this week, and among those things, seemin.....»»
Business continuity planning is a necessity for your fund and portfolio
A business continuity plan does not have to be complicated or long, but it needs to tell you or your senior team how to keep big things moving forward and what's needed to get things done. Will Poole Contributor.....»»
BrandProject expands beyond the studio model with a new $43M fund
BrandProject —a firm that’s backed successful direct-to-consumer commerce startups like Freshly (acquired by Nestlé), Persona (also acquired by Nestlé) and Chef’s Plate (acquired by Hello Fresh) — is announcing that it has raised $.....»»
Apple"s $200 million fund aims to fight climate change and boost business
Apple has announced a $200 million investment fund designed to remove carbon emissions from the atmosphere and support sustainable forestry — and to generate financial returns for the company......»»
Apple Launches $200 Million "Restore Fund" To Target Carbon Removal
Apple on Thursday announced it's launching a $200 million "Restore Fund" that will "make investments in forestry projects to remove carbon from the atmosphere while generating a financial return for investors." From a report: The move is the latest s.....»»