Amid ongoing concerns about a crisis in the commercial real estate market, the funds that previously bailed out beleaguered office co-working startup WeWork are reportedly exploring bankruptcy options for the company.
Fiscally sound banks will probably sue the Federal Deposit Insurance Corporation (FDIC) for charging them higher fees to offset the bailout of unsound banks, Breitbart Economics Editor John Carney told Fox Business host Larry Kudlow.
Indian technology minister Rajeev Chandrashekhar said on Thursday that Indian tech startups had over $1 billion worth of deposits in California’s Silicon Valley Bank (SVB) when the bank was shut down by regulators on March 10.
The implosion of Silicon Valley Bank (SVB) is sending shockwaves around the world, reaching all the way to Africa, where fragile tech startups are worried that more banks will fail, destroying their supply of much-needed venture capital.
Silicon Valley essentially put the cost of ordinary corporate treasury prudence onto the banking system and got rewarded for it when the government broke its own rules and agreed to back even the largest deposits at Silicon Valley Bank.
California’s imploding Silicon Valley Bank (SVB) had a number of foreign depositors, including tech start-ups in China.
Silicon Valley venture capitalists are screaming for a bail out in response to the recent sudden collapse of Silicon Valley Bank — the second-largest bank failure in history, behind the collapse of Washington Mutual at the height of the 2008 financial crisis.
Former WeWork CEO and co-founder Adam Neumann is attempting to make a comeback in the form of a residential real-estate venture that has already lined up funding and is valued at more than $1 billion.
Mark Zuckerberg’s amnesty advocates report that the pending reconciliation amnesty will deliver a huge windfall to the wealthy coastal states — but will offer little to midwestern states, small northeastern states, and the southern states.
China’s state-run Global Times warned India on Tuesday that its hostile policies are frightening Chinese investors and their allegedly much-needed capital out of the Indian marketplace.
Foreign states — including China, Russia, and Saudi Arabia — procure U.S. intellectual property via venture capital, explained Jim Phillips.
Venture capital-backed companies are on track to pocket over $100 billion by the end of 2018, according to the PitchBook-NVCA Venture Monitor through the third quarter.
Mike Maples, the founder of Silicon Valley-based venture firm Floodgate Capital, has warned young entrepreneurs to watch the language they use when describing their ideas and to stop copying industry figures such as Facebook CEO Mark Zuckerberg.
Over 20 Silicon Valley venture capital firms have “close ties” to the Chinese government, according to a report.
Top-tier venture capitalist Peter Thiel is ditching the intolerance of Silicon Valley and moving himself and his personal investment arm to Los Angeles for better business opportunities.
Top tech venture capitalist Sir Michael Moritz of Sequoia Capital caused a stir last week by claiming that American tech workers in Silicon Valley are lazy compared to tech workers in China. Sequoia is one of the oldest and highest performing Silicon Valley start-up
Silicon Valley’s Peter Thiel has finally cut ties with the Y Combinator investor fund, a year after being called a Silicon Valley traitor for his $1.25 million campaign contribution to Donald Trump’s presidential campaign.
Uber’s founder and former CEO, Travis Kalanick, retaliated against Uber’s board of directors by appointing two new board members last week in what looks like the opening round in a battle for control of Silicon Valley’s most valuable tech unicorn.
Silicon Valley early-stage venture capital (VC) funding has been cut in half in the last two years, as venture capitalists are stuck with investments in mature companies that are not able to go public.
After President Trump halted an Obama-era program for foreign nationals wanting to start business in the United States, big business and the open borders lobby are outraged.
Amazon.com’s $13.7 billion acquisition bid for Whole Foods Market represents an existential threat to Silicon Valley: namely, that the $500 billion cash hoard held by U.S. tech giants will be spent on the real economy, instead of funding another cycle of disruptive tech start-ups.
After 9 months of media flogging fake news stories that Silicon Valley’s top supporter is a vampire planning to live forever through transfusions of children’s’ blood, the Tech Crunch blog says there is no basis for the stories.
A recent article in the popular Silicon Valley tech blog “TechCrunch” echoes Donald Trump’s call to “drain the swamp” — in this case, the swamp of money-losing investments in companies that make products for elites rather than ordinary people.
The meme for the hilarious movie “It’s All Good” is the true tale of worthless millennials that crowdfund $77,000, partied the cash away, then got attacked by their donors.
TechCrunch is reporting that Unilever is negotiating to buy Jessica Alba’s e-commerce start-up The Honest Company as another online offering, like the Dollar Shave Club.
Bloomberg News reported Thursday that Uber lost $1.2 billion in the first six months of 2016, despite Uber Technologies Inc.’s claims that its U.S. business became profitable this year.
Once relegated to “dumb jock” roles on the gridiron or the field house, modern day sports figures are using their brand and money to be movers and shakers at Donald Trump’s Republican National Convention and as Silicon Valley venture capitalists.
Cybersecurity leader SecureWorks Corp. may be the first tech IPO filing that actually completes an initial public offering (IPO) in 2016.
Gay dating app Grindr has long been viewed as one of the great “bootstrapping” success stories of the tech world, self-funded from inception through years of dramatic growth. It was therefore surprising to see the company sell off 60 percent of its shares to a huge corporate investor for a cool $93 million.
Venture capital investors love business plans that promise terrific upside, but they increasingly want a “funeral plan” in writing that explains what the entrepreneur can and will do if their start-up suffers from business problems or slow growth.
Silicon Valley and other tech center start-ups raised $2.06 billion in “agtech” venture capital in the first half of 2015 to develop apps and devices to help farmers manage the four-year-old drought.
NBCUniversal continues its big-bucks leap to catch up to millennial “cord-cutters” and “cord-nevers” by spending another $200 million to buy a bigger stake in BuzzFeed. The move comes less than a week after NBCUniversal invested $200 million in Vox Media.
Marketing technology is emerging as one of the hottest sectors for business tech investing, according to the PitchBook Blog. Marketing tech companies in the first six months of 2015 raised $1.62 billion in 157 venture capital deals, and 205 companies were acquired for a total of $4.3 billion.
Uber is now valued at almost $51 billion, a valuation that puts the “on-demand mobile service” (ODMS) leader at the level of Facebook in 2011. The company’s fund-raising success has spurred a vast number of “Uber for X” start-ups that are building corporate empires with legions of outsourced contract workers. But the “gig economy” seems to be operating the same money-losing business model as the “Dot-com Bubble.”
Global venture capitalists invested $56.31 billion in 4,894 deals during the first half of 2015–the lowest number of deals recorded by the Pitchbook blog over a six month period in the last 25 years. The major reason for a smaller number of companies being funded is that venture capitalists are throwing huge amounts of money at a small number of “unicorns.”
Sex, drugs, and rock and roll might sound more glamorous than a diversified business portfolio, but the returns are a little more shortsighted.
If Robin Leach visited the headquarters of Uber today, it would be all “champagne wishes and caviar dreams” as the ride-hailing service that just closed a $2.8 billion venture capital deal three months ago at a $40 billion valuation is on track to slurp up another $2 billion of venture capital pixie dust at a valuation of $50 billion or higher.
JERUSALEM, Israel — The future of tech investing is housed–barely–in a stone spice warehouse on the Hebron Road in Jerusalem. There are, I am told, bullet holes in the walls, from the days when the building faced the boundary with Jordan. On the day I visit, it sounds like a war zone–a battle of drills and hammers, fire alarms and telephones, as the company expands into neighboring space. Only two years old, OurCrowd is revolutionizing startup funding–and growing rapidly.
