Techmeme

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Lizette Chapman / Bloomberg:
Sources: Reddit is raising funding at a valuation of around $1.7B   —  The link-sharing website bulks up with venture capital  —  Snoop Dogg, Marc Andreessen, Peter Thiel among earlier backers  —  Reddit is one of the few relics of the mid-2000s internet that has not only survived but thrived in recent years.
Jun 16, 2017, 8:55 PMIn context
Lizette Chapman / Bloomberg:
Data shows equity crowdfunding under Title III of the JOBS Act has failed to take off, with only $38M being invested across 142 startups since May 2016   —  Equity crowdfunding generated $38 million for 142 startups  —  High costs and low fundraising cap to blame, analysts say
May 19, 2017, 11:25 AMIn context
Bloomberg:
Inside troubled cybersecurity firm Tanium, which was valued at $3.5B in the latest round in 2015, and has had 9 senior executives leave in the past 8 months   —  Orion Hindawi and his dad built the world's most valuable cybersecurity startup.  Now they're grappling with employee unrest and an executive exodus.
Apr 15, 2017, 9:20 PMIn context
Lizette Chapman / Bloomberg:
A look at professional hackathon competitors who subsist on winnings from hackathon events held by corporations like IBM, Amazon, and Microsoft   —  Peter Ma looked around his San Francisco condo and realized he'd won everything in it.  His flat-screen TV, home theater system, 3D printers …
Apr 9, 2017, 6:10 PMIn context
Bloomberg:
Profile of Austin Russell, 22-year-old founder of Thiel-backed lidar startup Luminar Technologies, which is in stealth and sources say has raised roughly $150M   —  Austin Russell raises millions of dollars for lidar startup  —  Luminar Technologies CEO counts Peter Thiel among backers
Mar 30, 2017, 1:15 PMIn context
Lizette Chapman / Bloomberg:
Sources: former Google Ventures CEO Bill Maris to launch Section 32, a $100M VC fund, within the next two months   —  Flip flop comes after pulling plug on bigger fund in December  —  Maris will be sole investor; keep focus on health, biotech  —  Bill Maris, the former chief executive officer …
Mar 14, 2017, 11:15 PMIn context
Lizette Chapman / Bloomberg:
CB Insights report: VCs invested $3.1B in a record 279 cybersecurity startups in 2016 after investing $3.7B in 272 startups in 2015   —  Trident Capital Cybersecurity raises $300 million to back more  —  Trump and other global leaders push for better cyber defenses
Feb 10, 2017, 10:10 AMIn context
Lizette Chapman / Bloomberg:
Some Snapchat users obsessively snap back and forth with friends to keep the streak of snaps alive, often for hundreds of days   —  The photo sharing app is dangerously addicting, and that's by design.  —  by  —  Abby Rogers, a 15 year-old from California's Bay Area, recently took extreme measures to help a buddy in Michigan.
Jan 31, 2017, 6:30 AMIn context
Lizette Chapman / Bloomberg:
Trae Stephens, a principal at Peter Thiel's Founders Fund, has joined Trump's defense transition team; sources say he won't take an administration role   —  Trae Stephens will focus on defense plans for president elect  —  Peter Thiel worked with Stephens at his VC firm and Palantir
Nov 24, 2016, 9:55 PMIn context
Lizette Chapman / Bloomberg:
Peter Thiel will join Trump's transition team; sources say he will help vet presidential appointments and advise on which campaign promises will become policies   —  Thiel to vet appointees, prioritize policies, sources say  —  Eliminating waste, decreasing debt likely to top list
Nov 11, 2016, 3:23 PMIn context

Sponsor Posts

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