Venture

Ashton Kutcher, Effie Epstein, and Guy Oseary are coming to Disrupt 2024

Venture /

Last year, Sound Ventures, the 9-year-old, Beverly Hills, California-based venture firm led by general partners Ashton Kutcher, Guy Oseary, and Effie Epstein, announced a new $265 million AI fund that was betting big on large language model companies, including OpenAI, Anthropic, and Hugging Face. In fact, the plan was to invest in just six companies […]

Ashton Kutcher, Effie Epstein, and Guy Oseary are coming to Disrupt 2024 Read More »

VC firm NFX laid off 4 employees and plans to hire more investors

Venture /

Venture capital firm NFX laid off four employees in September as the firm looks to “rebalance” its resources from its software and product teams to its investing team, general partner Pete Flint told TechCrunch. The layoffs included one product leader and three engineers, Flint said. About a week ago, Amy Lin, chief product officer since

VC firm NFX laid off 4 employees and plans to hire more investors Read More »

Initialized Capital restructures, and lets multiple partners go

Venture /

Initialized Capital is restructuring its team to “meet the moment” in the venture market, according to a blog post from the firm’s managing partner Brett Gibson. The San Francisco-based venture capital firm, originally founded by Alexis Ohanian, Garry Tan, and Harjeet Taggar, announced yesterday that it let multiple people go and specifically named Jennifer Wolf,

Initialized Capital restructures, and lets multiple partners go Read More »

Venture firm CRV returns $275 million citing overvaluation of mature startups

Venture /

CRV, a more than 50-year-old venture firm, is returning to investors $275 million from its $500 million Select fund, which backs later-stage rounds of existing portfolio companies, the New York Times reported. The firm is one of the first Silicon Valley outfits to return committed capital to investors. (We reported yesterday that India’s largest venture

Venture firm CRV returns $275 million citing overvaluation of mature startups Read More »

J.B. Hunt and UP.Labs launch venture lab to build logistics startups

Venture /

Transportation and freight network giant J.B. Hunt is on the hunt for software and digital products that will fuel its business and help it adapt to the modern world — and even dominate the industry. And it’s tapping startup incubator UP.Labs to help build them.  On Wednesday at the UP Summit event in Bentonville, Arkansas,

J.B. Hunt and UP.Labs launch venture lab to build logistics startups Read More »

Motier Ventures unveils La Maison, a community space for the French tech ecosystem

Venture /

On Tuesday evening local time, Motier Ventures, an early stage tech investment firm based in Paris, unveiled a startup hub called La Maison. This relatively new investor in the French tech ecosystem is the family office of the Houzé family — the owners of upmarket fashion retailer the Galeries Lafayette Group. As the Galeries Lafayette

Motier Ventures unveils La Maison, a community space for the French tech ecosystem Read More »