Venture

Palico is now the first FINRA-approved company to facilitate online LP-led secondaries deals

Limited partners selling their investment stakes in venture capital funds to other LPs on the secondary market is nothing new. But traditionally these transactions happen offline through an opaque network of brokers that could charge costly fees and prove prohibitive for certain LPs to participate. Palico is looking to change that. Paris-based Palico quietly got […]

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The biggest trends young NYC investors are bullish on — and why

As twenty-something-year-old investors enter the venture landscape, they bring fresh vibes and spot new trends that could become the next multibillion-dollar tech businesses. Already, we are seeing some young investors carving out new niches. Alex Chung, 26, is an investor at Chai Ventures. Her firm has backed companies like consumer health platform Unfabled and emotional

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The VC quietly nabbing prized SF property is planning a ‘Y Combinator for restaurants’

Neil Mehta, the VC behind the acquisition of a string of properties on San Francisco’s tony Fillmore Street, made waves earlier this week for reportedly throwing long-established local restaurants to the curb to bring in more high-end retailers. The San Francisco Chronicle talked, for example, to the owner of Ten-Ichi, a neighborhood sushi restaurant for

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Colorful Capital will stop trying to raise for a fund

Colorful Capital, which launched in 2022 to focus on investing in LGBTQIA+-identifying founders, will end its attempts at raising a fund, according to an email seen by TechCrunch. It’s unclear if the firm is shutting down for good.  Colorful Capital’s co-founders, William Burckart and Megan Kashner, declined to comment.  A former employee who used to

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M&A can open up the playing field for the competition

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. Despite it being summer, this week was rich with announcements. Let’s dive in. Most interesting startup stories from the week Image Credits: Niharika Kulkarni / NurPhoto / Getty Images No two businesses

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Marc Andreessen’s family plans to build a ‘visionary’ subdivision near the proposed California Forever utopia city

The family of powerhouse venture capitalist Marc Andreessen, one of the investors behind the hoped-for California Forever utopian city in Solano County, California, is planning a substantial community development in the area, TechCrunch has learned. Andreessen is married to Laura Arrillaga-Andreessen, whose Silicon Valley real estate mogul father bought land in Solano County decades before his

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360 One lifts its valuation of India’s National Stock Exchange to $29.9B

360 One Asset, an investor in India’s National Stock Exchange (NSE), has increased its valuation for the stock exchange to $29.9 billion, significantly higher than the $18 billion to $19 billion price tag the firm was valued at in private transactions last year.  The wealth manager, which invested in NSE through its SOF8 fund, disclosed

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VC leading Bolt’s hoped-for $450M deal confirms he’s offering ‘marketing credits’

Ashesh Shah, the founder and CEO of The London Fund is, as you might imagine, bullish on Bolt. The London Fund is a UK venture firm with “over $1 billion in cash and assets” in AUM that is leading a proposed $450 million raise for Bolt, a one-click checkout startup that has been embroiled in

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