Secretive, Sprawling Network of ‘Scouts’ Spreads Money Through Silicon Valley Sequoia Capital has funneled millions of dollars to scores of well-connected entrepreneurs and academics, who invest and look for ideas ROLFE WINKLER Updated Nov. 12, 2015 9:45 p.m. ET 31 COMMENTS Startup investor Jason Calacanis took a $25,000 gamble five years ago on a companyRead more
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Maya Kosoff For startups, it’s getting tougher to raise money in Silicon Valley right now, according to Keith Rabois, a Khosla Ventures partner and former executive at LinkedIn, PayPal, and Square. The investor went on a tweetstorm on Tuesday morning in response to a story from The Information’s Amir Efrati and Peter Schulz, which says top VC firms are spending less investingRead more
BY TESS TOWNSEND Staff reporter, Inc.com@Tess_Townsend As a question, “Are we in a bubble?” has reached that “Is climate change real?” stage.Yes, we are, and The Information has published some interesting numbers showing what it looks like when a bubble starts the trek toward bust, or at least springs a few leaks. The subscription publication reports thatRead more
RUTH READER NOVEMBER 24, 2015 3:06 PM TAGS: AMAZON, JET Amazon competitor Jet.com has raised a gargantuan new round of funding, giving the company a valuation of $1.5 billion. Today, Jet announced the close of a $350 million raise from Fidelity, Alibaba, Bain Capital, and Google Ventures. The company is also in the process of raisingRead more
JORDAN NOVET NOVEMBER 17, 2015 10:24 AM TAGS: ARTIFICIAL INTELLIGENCE, DEEP LEARNING, DESCARTES LABS Descartes Labs, a startup with image recognition technology that can help companies answer questions related to agriculture, is announcing today a $5 million round of funding. The startup can work with satellite images to predict what will happen next. To doRead more
MICHAEL DE WAAL-MONTGOMERY NOVEMBER 17, 2015 8:05 PM TAGS: LYFT, UBER The same day that U.S.-based ridesharing startup Lyft said it’s on track to hit $1 billion in gross annual revenue this year, the New York Times is reporting that the company is also in talks to raise $500 million in a fresh funding round that would leaveRead more
SINDY NANCLARES NOVEMBER 24, 2015 7:34 AM TAGS: CLARISITE, LAZARUS ISRAEL OPPORTUNITIES FUND Behavioral analytics startup Clarisite raised $5.5 million for its series A round led by Lazarus Israel Opportunities Fund, the startup announced today. Clarisite also announced its new CEO, Yaron Morgenstern, who will oversee the company’s international expansion. The company’s software lets its customersRead more
By Aliya Barnwell — November 18, 2015 Fitting rooms can feel like a coffin for your self-esteem. Even the kindest “Everything OK in there?” from a salesperson can sound like the buzzing of a million mosquitoes to a stressed-out shopper. Well, that was before Oak Labs‘ smart fitting room.Now the humble fitting room mirror can be theRead more
STEPHEN KLECKNER NOVEMBER 23, 2015 5:31 PM With virtual reality now becoming an actual thing with the launch of theSamsung Gear VR and the Oculus Rift and PlayStation VR in the wings ready to launch, analyst SuperData thinks the future for headset manufacturers is looking really green. How green? According to a report on SuperData’s website, ourRead more
Written by: Matt Simon STANDING IN FRONT of a drone in a mesh cage, a somewhat nervous man with a somewhat Southern accent tells us about his machine, which a pilot is banking left and right and flinging up and down. It’s got a 4K camera and can hit 40 mph. When its battery runsRead more