In this episode of the StrictlyVC Download, Connie Loizos and Alex Gove spoke with Pranav Singhvi and Hemant Taneja of General catalyst, which is one of the biggest venture firms on the planet. They discussed a product that general catalyst created some five years ago, and that was reminiscent of GE leasing. Listen to the […]
General Catalyst Layers in Financing to Boost Its Fortunes Read More »
Ask any VC if we’re still in a venture capital bear market and that investor will almost certainly tell you no, that funding is still flowing for good companies. That might sound like spin, because anecdotes abound about how rough it still is for those raising now. And for good reason. Down rounds — that
VC megadeals are booming — and AI is surprisingly not the top category Read More »
The StrictlyVC series — known for bringing the biggest stories and key players to an audience of VCs, LPs, founders, and operators — is holding its first-ever event at TechCrunch Disrupt 2024. Be at Disrupt in the Deal Flow Cafe on Tuesday, October 29, from 3 p.m. to 6 p.m., located at Moscone West in
StrictlyVC joins its first TechCrunch Disrupt Read More »
U.S. venture capital giant General Catalyst has announced a fresh $8 billion in funds as it looks to ramp up its investments in multi-sector early-stage startups globally, with a specific focus on the U.S., Europe, and India. The capital constitutes around $4.5 billion for its “core VC funds” which spans seed and growth equity funding,
General Catalyst raises $8B in fresh funds to back startups globally Read More »
Andreessen Horowitz has a massive cluster of Nvidia H100 GPUs to help its portfolio of AI startups meet their compute needs, the venture capital firm confirmed for the first time on Wednesday. The program, called “Oxygen”, allows their portfolio companies to train or operate their AI models without negotiating market rates. A16Z’s Oxygen cluster gives
Andreessen Horowitz helps founders meet compute needs with ‘Oxygen’ private GPU cluster Read More »
The clock is ticking down! Just 6 days to go until TechCrunch Disrupt 2024! Join 10,000 industry leaders from around the world at Moscone West in San Francisco from October 28-30 to witness groundbreaking discussions with top-tier industry experts, elite networking, an exciting showcase of the newest tech innovations, and so much more. Time is
6 days to go: Disrupt 2024 kicks off & ticket prices go up Read More »
While fund sizes of many venture capital firms have ballooned into billions of dollars over the last decade, Benchmark Partners, one of Silicon Valley’s most successful investors, has stuck to raising approximately $425 million in capital every few years. That’s what the storied firm told in a letter to its limited partners when it announced
Benchmark is raising $170M for it’s latest partners-only fund Read More »
AI search engine Perplexity is in fundraising talks and hopes to raise around $500 million at an $8 billion valuation, according to the Wall Street Journal. If a deal happens with those terms, it would more than double Perplexity’s valuation from its $3 billion valuation when it raised from SoftBank over the summer. The WSJ
Perplexity is reportedly looking to fundraise at an $8B valuation Read More »
Open source might be many things, but one thing it’s not is a business model — by most estimations, at least. However, that hasn’t stopped Joseph Jacks and OSS Capital from seeking some of the earliest-stage, open source startups and funding them through their formative years. These include the likes of open source Qualtrics-alternative Formbricks,
Joseph Jacks bets on open source startups, a ‘paradox of philanthropy and capitalism’ Read More »
Despite Saudi Arabia’s record of human rights abuses, some investors are warming up to investing in the country’s startups. General Catalyst is planning to invest in a Saudi Arabia-based fintech startup, Lean Technology, the firm’s first investment in the Middle Eastern nation, the Information reported. Other Saudi Arabian startups that US-based investors recently backed include
General Catalyst reportedly to back Saudi Arabian startup Read More »
