Venture

VC legend Ron Conway quits Salesforce Foundation after Benioff’s National Guard comments

Ron Conway, the founder of venture firm SV Angel, known for its early investments into Google, Airbnb, and Meta, has resigned from Salesforce Foundation, the New York Times reported. The resignation following Salesforce CEO Marc Benioff saying last week he “fully supported” President Trump and thought National Guard troops should patrol San Francisco streets. Conway

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How emerging Mubadala-backed AAF is winning VC deals in some of the hottest startups

It’s been almost a decade since Omar Darwazah and Kyle Hendrick launched AAF Management and its first fund of $25 million in 2017.  Rather than racing to dramatically increase their assets under management like many funds have in recent years, the partners have intentionally kept their fund sizes small, even as their reputation and returns

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Goldman Sachs is acquiring Industry Ventures for up to $965M as alternative VC exits surge

Goldman Sachs has agreed to acquire Industry Ventures, a 25-year-old, San Francisco-based investment firm with $7 billion in assets under management, CNBC was first to report on Monday. The deal underscores the growing importance of secondary markets and buyouts as traditional venture exits remain sluggish. The investment bank is paying $665 million in cash and

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Dating app Cerca will show how Gen Z really dates at TechCrunch Disrupt 2025

It’s a truth universally acknowledged that the current dating scene sucks, no matter what city you live in. Everyone has a story. And everyone has a grievance.  Take Myles Slayton, for example, who completed a banking internship in New York City and saw how he and his friends struggled to find significant others in the

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Navan plows ahead with IPO during shutdown, aims for $6.45B valuation 

Corporate travel management company Navan — once known as TripActions — filed updated IPO documents with the U.S. Securities and Exchange Commission on Friday, even though the federal government is currently shut down.   Navan is proceeding under new SEC rules that allows wanna-be public companies that are in limbo during the shutdown to file updated information, including share count and pricing, and have their statements automatically okayed in 20 days without staff scrutiny. Once

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Andreessen Horowitz denies report of India office, calls it ‘fake news’

Venture capital firm Andreessen Horowitz (a16z) has pushed back on local media reports suggesting it plans to open an office in India, with a general partner calling the coverage “entirely fake news.” Earlier on Thursday, Indian media outlets reported that a16z was preparing to establish a physical presence in the country by setting up an

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Here’s what it’s really like to appear on billionaire VC Tim Draper’s ‘Meet the Drapers’ pitch show

There was barely a breeze on the roof of the MCM studios building in Manhattan last week as six entrepreneurs graced a stage to pitch their businesses. At one point, it was April Wachtel’s turn. She stood and made the case for her company, Cheeky Cocktails, to a judging panel that included the billionaire venture

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