If you can get into the elevator at venture capital firm General Catalyst–the firm behind AirBNB and Snapchat–you may have a shot at making your pitch for funding. They already have a table waiting. In the elevator.
Imagine if you got a free cappuccino every time you beat someone in Words With Friends, or $5 off at Safeway every time you reach a new level in Candy Crush Saga. That’s the concept that 19-year-old KIIP CEO and Founder Brian Wong had when he built a company to reward people.
Judge’s Ruling Means Woman Suing Silicon Valley VC Firm For Sex Bias Could Pocket Tens Of Millions Of Dollars
If Ellen Pao gets punitive damages, that could add tens of millions more to the $16 million in lost wages and bonuses she is pursuing.
Silicon Valley VC Testifies He Tried To Prevent Firing Of Woman Suing Law Firm For Sex Discrimination
Billionaire John Doerr took the witness stand for a second day on Wednesday in the lawsuit alleging women were denied chances to advance at Kleiner Perkins Caufield & Byers.
A new, exclusive dating app that’s still under wraps just got a $2.1 million beta-boost from a group of angel investors and venture capitalists. It’s called The League. Its motto: Date, Intelligently.
Cash rained down on startups in 2014 but with valuations so high, critics suggest some investors may be setting themselves up for a major fall.
Uber’s $40 billion valuation had investors from Wall Street to Silicon Valley abuzz a day after the ride-sharing company announced it had received more money from venture capitalists than any private company this year.
Netscape founder Marc Andreessen says startups are burning too much cash right now, at a rate similar to the 1999 dot com bubble, according to Business Insider. Andreessen went on Twitter last week to warn that overspending companies will “vaporize” when the broader stock market begins to go south.
The proposal is calling for an initial $250 million investment to finance faculty and student-led startups.
After just 4 years in business, a San Francisco startup — ride-sharing service Uber Technologies — has received a $1.2 billion investment round for a valuation of $17 billion.