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MADISON, Wis.-- State lawmakers on Tuesday approved legislation that would invest millions of dollars in public and private money in Wisconsin startups despite criticism that the investment targets only limited industries.
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Legendary tech innovator, Marc Andreessen, Andreessen Horowitz co-founder, explains why he thinks Meg Whitman is the "world class" chief executive that Hewlett-Packard deserves.
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MADISON, Wis.-- The state Assembly has passed a bill that would invest millions of dollars in state and private money in Wisconsin startups. The venture capital fund would contain $25 million from the state and at least $50 million in private money. It will be overseen by the Department of Administration, with the goal of helping young companies grow and create jobs.
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YAOUNDE, June 6- Cameroon has given the green light to a company owned by New York venture capital firm Herakles Capital to resume work on a giant palm oil plantation, officials said on Thursday, sparking outcries from environmental campaigners.
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Russell D'Souza, SeatGeek co-founder, explains how his company makes it easier to "score" tickets at thousands of events and for the best value.
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NEW YORK/ ST. LOUIS, May 31- These are unsettling times for digital currency businesses and the venture capitalists backing them. On Tuesday, the authorities in Spain, Costa Rica and New York arrested five people at the digital currency firm Liberty Reserve, including its founder Arthur Budovsky, and seized related bank accounts and Internet domains.
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DETROIT/ SAN FRANCISCO, May 28- Fisker Automotive, the cash-strapped "green" car maker that is seeking a buyer, has lost an influential board member who was key in attracting investors to the startup in its early days. Ray Lane, 66, resigned from the board on Friday, Lane's venture capital firm Kleiner Perkins Caufield& Byers and the car maker confirmed on Tuesday.
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DETROIT, May 28- Venture capitalist Ray Lane resigned from "green" car startup Fisker Automotive's board of directors late last week, Kleiner Perkins Caufield& Byers confirmed on Tuesday. Kleiner Perkins was an early investor in Fisker and Lane was among the company's most vocal supporters.
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Currently, Lyft operates in five areas, including San Francisco, Los Angeles and New York, according to its web site. Sidecar offers a similar peer-based service, backed by investors such as Lightspeed Venture Partners and Google Ventures.
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DETROIT, May 23- Tom LaSorda, the former chief executive of Chrysler Group LLC and Fisker Automotive, is launching a venture capital fund with racing magnate Roger Penske to invest in technology startups. The fund, IncWell LP, will provide initial investments ranging from $50,000 and $250,000.
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April 30- An investor in Uber, the fast-growing alternative taxi service, has reached out to a venture capital firm about a potential new funding round that could value the company at $1 billion or more, a person familiar with the situation told Reuters.
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One venture capitalist notes that today’s young tech entrepreneurs weren't working during the last crash—a blessing and a curse.
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Joe Lonsdale, Formation 8 partner, discusses how new technology is transforming every major industry in the public and private sectors.
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MUMBAI, April 29- India's capital markets regulator imposed rules on alternative investment funds in May 2012. The Securities Exchange Board of India organises alternative investment funds- such as venture capital, social venture funds, small and medium enterprise funds and hedge funds- under three categories.
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TOKYO, April 26- As part of Japan's economic revival plan, the new government has added $3.2 billion to the spending power of state-linked funds investing in Japanese companies, effectively acting as venture capitalists much to the chagrin of private equity firms.
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April 22- GlaxoSmithKline said on Monday it will partner with venture capitalists Avalon Ventures in a deal worth up to $495 million to fund as many as 10 drug-discovery startup companies over the next three years.
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Hip start-up Warby Parker debuted its flagship, eyeglass store in New York City's SoHo neighborhood. Do online retailers need brick-and-mortar stores?
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Risk was in vogue for the first quarter except for one notable place - the venture capitalists who help grease the wheels for startup companies looking to spread their wings.
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The Winklevoss twins, known as nemeses of Facebook founder Mark Zuckerberg, may have one of the largest bitcoin portfolios.
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SAN FRANCISCO, April 11- Ellen Pao, a former Kleiner Perkins Caufield& Byers junior partner who is suing the venture capital firm for gender discrimination, has landed a new job heading up strategic partnerships at social-news website Reddit.
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Venture firms Andreessen Horowitz, Google Ventures, and Kleiner Perkins Caufield & Byers are teaming up to provide funding for startups working with Google Glass.
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