Cherryrock Capital, founded by ex-TaskRabbit CEO Stacy Brown-Philpot, announced Wednesday the closing of its $172 million Fund I with an all-star limited partner list that includes JPMorgan, Goldman Sachs, MassMutual, Melinda French Gates’ Pivotal Ventures, Reid Hoffman, Mellody Hobson, and Sheryl Sandberg. Brown-Philpot told Bloomberg that the fund actually closed in January. The firm launched […]
This week on StrictlyVC Download, we’re catching our breath and catching up with all of the news that’s been happening in the industry. Connie Loizos and Alex Gove are breaking down the top headlines. They discuss: Slow Ventures’ new creator fund and whether or not it’s a gimmick The continuing saga of Elon Musk’s attempt
Many venture industry observers have wondered whether Andreessen Horowitz, a firm that manages $45 billion, has its sights on eventually becoming a publicly traded company. Co-founder Marc Andreessen said he isn’t “chomping at the bit to take the firm public,” on this week’s Invest Like the Best podcast. But he discussed his goal of building
Marc Andreessen dreams of making a16z a lasting company, beyond partnerships Read More »
A complete list of all the known layoffs in tech, from Big Tech to startups, broken down by month throughout 2024. © 2024 TechCrunch. All rights reserved. For personal use only. Source
A comprehensive list of 2024 and 2025 tech layoffs Read More »
The war in Ukraine served as a wakeup call for Europe, and defense tech went from a sector that most European VCs didn’t touch to one of the top investment areas within deep tech. This shift is captured in Dealroom’s latest report on Defence, Resilience, and Security (DSR) in Europe, released together with the NATO
Defense and resilience tech reached an all-time high 10% of all VC funding in Europe Read More »
Two senior partners are leaving Peak XV, one of the world’s largest venture capital firms, four sources familiar with the matter told TechCrunch. Shailesh Lakhani, a 17-year veteran of the firm, and Abheek Anand, who co-led Southeast Asian investments, are departing, said the sources requesting anonymity. Peak XV didn’t immediately respond to requests for comment.
Two senior partners are leaving Peak XV amid strategy shift Read More »
As if Elon Musk doesn’t have enough going on, a consortium of investors led by him announced plans Monday for what appears to be a hostile takeover of OpenAI. The investor group offered nearly $97.4 billion to buy all of OpenAI’s assets and is “prepared to consider matching or exceeding higher bids,” it said in
These are the investors funding Musk’s $97 billion OpenAI takeover attempt Read More »
Silicon Valley is madly building AI agents to augment human labor. If such agents work as intended, a whole swath of jobs could become extinct – or close to it. AI agents are poised to displace customer service reps, sales associates, executive assistants, IT admins, junior developers, journalists. AI startup Boardy even replaces the so-called
VC Mike Ghaffary is looking for the job-creating AI startup that doesn’t yet exist Read More »
Emblem, a relatively new European VC firm based in Paris, is announcing the final closing of its first fund. Eighteen months after the first closing, the Emblem team managed to secure €80 million in total (around $85 million at current exchange rates). This is no small feat in the current funding environment. According to Atomico’s
European VC firm Emblem raises $85 million for its initial fund Read More »
A complete list of all the known layoffs in tech, from Big Tech to startups, broken down by month throughout 2024. © 2024 TechCrunch. All rights reserved. For personal use only. Source
A comprehensive list of 2024 and 2025 tech layoffs Read More »
