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 »
The next generation of New York City investors are already making their mark in the Big Apple. They come from big-name venture firms like Female Founders Fund and Lerer Hippeau and smaller ones like Chai Ventures. They work in areas like growth, consumer, and health. They canoe, hike, and play pickleball on the weekends. We
New York’s top VCs under 30 Read More »
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 »
When Harry Jones, Tom Leathes, and Alex Buttle set out to found Motorway, a startup that connects car owners with dealers looking to buy and resell their vehicles, in 2017, it wasn’t the founding teams’ first startup rodeo. Nor was it their second. Motorway was actually the founding team’s fifth startup, Jones, Motorway’s CPO, said
Motorway’s Harry Jones on why he co-founded five startups with the same team Read More »
VC Neil Mehta, the Greenoaks Capital co-founder tied to a growing number of building purchases across several blocks of San Francisco’s once-glittering Fillmore Street commercial district, defended himself on Monday via an op-ed in The San Francisco Standard, saying the moves are solely about revitalizing a “city that has given me more than I could
The VC buying up prized real estate in SF says not to “listen to agitators” Read More »
The HVAC industry is going through a transformation. The old guard of tradespeople are on the cusp of retiring while private equity firms are consolidating the industry. Airship is building a software solution for HVAC’s next chapter. Airship is building a point-of-sale software for HVAC contractors to give them the knowledge they need, on things
Airship wants to build better sales tools for HVAC contractors Read More »
While online discourse would make it seem that venture has retreated to the Bay Area, with San Francisco being the most important place to build a startup, Index Ventures is looking to bulk up its New York-based investing team. The firm is currently looking to hire another New York-based investor with plans to add three
Why Index Ventures is bulking up its investment team in NYC Read More »
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. This week was a busy one for the startup and VC world, with its fair share of funding news and, of course, the latest edition of YC’s
AI dominated both YC Demo Day and startup news Read More »
Famed Silicon Valley startup accelerator Y Combinator on Wednesday kicked off its two-day “Demo Day” event that showcases what the most recent YC batch, S24, companies are building. Unsurprisingly, AI companies dominated the day, with startups looking to apply the technology to problems like estate planning and settlements, Elayne; automating clinical trial data, Baseline AI;
13 companies from YC Demo Day 1 that are worth paying attention to Read More »
Deena Shakir, an investor at Lux Capital, struggled to explain to her three young kids what exactly her job was. She first tried buying a chia pet, where kids plant chia seeds on a figurine “to show them how seeds can grow into something amazing.” Shakir, who’s invested in healthtech companies like fertility startup Alife
How one female VC is teaching kids about startups and women in tech Read More »
