VC Archive

VC firm Daphni announces its first $165 million fund

Paris-based VC firm Daphni is announcing its inaugural fund for seed and Series A investments. The team will manage a $165 million fund (€150 million) and try some new things when it comes to venture capital in Europe. On paper, Daphni looks like many other funds. A bunch of limited partners have given a big pile of money so that a team of tech-savvy people …

Billionaire tech investors back ballot initiative to purge homeless people from San Francisco

Sequoia Capital Chairman Michael Moritz and angel investor Ron Conway have donated to San Francisco’s Proposition Q: if passed, “the city would give residents of tent encampments 24 hours’ notice to relocate to a shelter or accept a bus ticket out of town.” Other San Francisco ballot initiatives propose to build houses for homeless people, which is literally the only proven way to …

Airbnb raising a reported $850M at a $30B valuation

Tech unicorn and sharing economy darling Airbnb has informed the State of Delaware that it’s raising another heap of cash. TechCrunch independently verified that Airbnb indicated in a 28 page filing on July 28th that it has plans to bring in additional late-stage capital. Almost a year after its last raise of $1.6 billion, the company is said to be adding $850 million to its coffers, according to information obtained by Equidate. …

10 most unlikely startup investments made by NBA legends

 As the tech industry has heated up in recent years, athletes with an interest in startups have been jumping on deals. Most have stuck to what they know and supported sports-tech companies like CoachUp and The Players’ Tribune. But for some athletes, even that wasn’t enough. Here’s 10 of the most unlikely startup investments made by NBA legends. Read More