Online tax filing and accounting service, Contabilizei, has raised $20 million in a new round of financing led by Point72 Ventures, the early stage investment arm associated with hedge fund guru Steven Cohen’s Point72 Asset Management. Smart money in both the venture and private equity space has been long Brazil for a bit, and the new investment […]
View More Contabilizei raises $20 million to ease Brazilians’ tax painCategory: investment
Private equity buyouts have become viable exit options — even for early stage startups
Ajay Chopra Contributor Ajay Chopra co-founded Pinnacle Systems in his living room and grew it to a multi-billion dollar public company before becoming a venture capitalist with Trinity Ventures. More posts by this contributor Full autonomy is years away, but here’s what’s next on autonomy’s wild ride From the distributed workforce to the partnered economy […]
View More Private equity buyouts have become viable exit options — even for early stage startupsIn venture capital, it’s still the age of the unicorn
Howie Xu Contributor Share on Twitter Howie Xu is the vice president of artificial intelligence and machine learning at Zscaler. He previously co-founded TrustPath and served as an entrepreneur in residence at Greylock. This month marks the 5-year anniversary of Aileen Lee’s landmark article, “Welcome To The Unicorn Club”. At the time, the piece defined […]
View More In venture capital, it’s still the age of the unicornSilicon Valley’s sovereign wealth problem
John Vrionis Contributor Share on Twitter John Vrionis is the founder of Unusual Ventures. It’s time to bring the conversation about where Silicon Valley gets its money from out into the open. Following recent revelations into Saudi Arabia’s extensive reach and influence in the US technology sector, the willful ignorance that has defined the relationship […]
View More Silicon Valley’s sovereign wealth problemFund raises $200 million to lend cash to startup employees whose liquidity is locked up in equity
Troy Capital Group has closed its $200 million fund to provide loans to startup employees whose liquidity is locked up in company stock. The fund, backed by the multi-billion dollar private equity giant Oaktree Capital, is the latest investment vehicle from Troy Capital Partners, a four year-old venture firm founded by MySpace co-founder Josh Berman; Samit […]
View More Fund raises $200 million to lend cash to startup employees whose liquidity is locked up in equityChipmaker Renesas goes deeper into autonomous vehicles with $6.7B acquisition
Japan-based semiconductor firm Renesas — one of the world’s largest supplier of chips for the automotive industry — is scooping up U.S. chip company IDT in a $6.7 billion deal that increases its focus on self-driving technology. Renesas produces microprocessor and circuits that power devices, and automotive is its core focus. It is second only to NXP […]
View More Chipmaker Renesas goes deeper into autonomous vehicles with $6.7B acquisitionSkyline AI raises $18M Series A for its machine learning-based real estate investment tech
A mere four months after coming out of stealth mode with $3 million in seed funding, real estate investment startup Skyline AI announced that it has raised an $18 million Series A. The round was led by Sequoia Capital, a returning investor, and TLV Partners, with participation from JLL Spark, a division of real estate […]
View More Skyline AI raises $18M Series A for its machine learning-based real estate investment techInsight Venture Partners closes on its largest fund with $6.3 billion
Insight Venture Partners has raised $6.3 billion for its latest (and largest ever) fund as technology investors continue to amass increasingly large war chests. In the wake of SoftBank’s massive $100 billion Vision Fund, investors in technology companies have said that capital has become weaponized as a way to create a competitive moat around a startup’s […]
View More Insight Venture Partners closes on its largest fund with $6.3 billionTMGcore is running high-efficiency crypto mines in Texas
Out on the plains of East Texas, not far from Dallas, a company called TMGcore is mining crypto. The company, funded to the tune of $70 million, will be mining multiple cryptocurrencies and is using some unique technology to ensure that it doesn’t eat up an entire city’s worth of energy. “TMGcore will be one […]
View More TMGcore is running high-efficiency crypto mines in TexasPitchBook now offers users suggested companies when they search
This one’s for all the due diligence fiends and competitive landscape mapping mavens out there. PitchBook, the data and analytics service for private equity and public markets, is rolling out an automated suggestions feature for premium users when they’re doing searches on companies for market intelligence. The new service is based on machine learning technology […]
View More PitchBook now offers users suggested companies when they searchWarren Buffett’s investment chief just called Bitcoin ‘noxious poison’
/https%3A%2F%2Fblueprint-api-production.s3.amazonaws.com%2Fuploads%2Fcard%2Fimage%2F715495%2F89a832cc-2572-41dc-8586-b2ad77258270.jpg)
Who woulda guessed: an old school investor is really, really anti-Bitcoin.
On Wednesday, Charles Munger, the vice chairman of Warren Buffett’s investment firm Berkshire Hathaway, described Bitcoin as “noxious poison.”
While at the annual meeting of the Daily Journal, which Munger chairs, the Guardian reports that he also called the interest in Bitcoin “totally asinine.”
“I never considered for one second having anything to do with it,” Munger said. “I detested it the moment it was raised. It’s just disgusting. Bitcoin is noxious poison.” Read more…
More about Bitcoin, Warren Buffett, Investment, Cryptocurrency, and Tech
Rally Road lets you buy and sell equity shares in classic cars
Want to put your money in something like a 1955 Porsche or 1985 Ferrari but don’t have hundreds of thousands of dollars to spend?
Meet Rally Road. The New York-based startup lets investors buy a real equity stake in a classic car for as little as $50. The company just closed a $2.9M seed round led by Columbus Nova with participation from Social Leverage and other angel… Read More