liquidity

Turbine raises $22M to help VC investors get cash without selling their stakes

Venture /

Since IPOs slowed to trickle a few years ago, limited partners who invest in venture capital funds have had one giant problem: a dearth of liquidity. Lack of cash returns has been especially troublesome for wealthy individuals or their small family offices – who manage the assets of the wealthy – that made substantial investments […]

Turbine raises $22M to help VC investors get cash without selling their stakes Read More »

Tether backs stablecoin liquidity provider Mansa in $10M seed round

Fintech /

As payment companies increasingly explore stablecoins for cross-border payments and real-time settlement, some startups are tapping into the zeitgeist by providing liquidity via a revolving line of credit in stablecoins. One of them is Dubai-based but Africa-focused Mansa, whose offering allows payments companies to settle transactions and fund customer accounts instantly. The startup has raised

Tether backs stablecoin liquidity provider Mansa in $10M seed round Read More »

In 2023 VCs returned the lowest level of capital to their investors since 2011

Venture /

It’s no secret that the venture capital industry is facing a liquidity crisis as IPOs and other exits remain few and far between after 2020 and 2021’s record-breaking years. Now, we have numbers that show just how bad it’s gotten. In 2023, the U.S. VC industry invested $60 billion more into startups than it collected

In 2023 VCs returned the lowest level of capital to their investors since 2011 Read More »

General Catalyst is working on a ‘continuation’ fund worth up to $1B, sources say

Fundraising /

General Catalyst, one of Silicon Valley’s largest capital firms, is gearing up to launch what’s known as a “continuation fund” worth between $800 million and $1 billion, according to a person familiar with the plans. A continuation fund consists of a portion of stakes that the VC firm has in portfolio companies. With around $25

General Catalyst is working on a ‘continuation’ fund worth up to $1B, sources say Read More »

Despite recent successes, IPO market still won’t fully open until 2025

Venture /

This year already proved that startups are willing to go public in a less-than-ideal market — and get rewarded for it, too. But bankers, lawyers and investors said the recent IPO successes aren’t enough to foster more than a dozen tech IPOs this year. “I don’t think we will have the floodgates open like I

Despite recent successes, IPO market still won’t fully open until 2025 Read More »