Reporter for Bloomberg, formerly WSJ. Covering startups and the investors who love them. Mediocre saxophonist, eternal optimist. I'm at lchapman19@bloomberg.net

Tough 360fly Funding Shows Broader Startup Plight, Gadget Woes

Tough 360fly Funding Shows Broader Startup Plight, Gadget Woes
bloomberg.com — To see how startup life has gotten harder, look no further than 360fly Inc. The Pittsburgh-based startup, which makes an orb-shaped camera that captures 360-degree video, began hitting up venture capitalists for funding last year just as these investors were pulling back on new deals and slashing valuations of many existing ones.

Stemcentrx Sale to Return a Record $1.7 Billion for VC Firm Founders Fund

Stemcentrx Sale to Return a Record $1.7 Billion for VC Firm Founders Fund
bloomberg.com — Founders Fund has had some successes, but the acquisition of Stemcentrx Inc. tops them all. With the cancer drug maker's sale to AbbVie Inc., the venture firm will get as much as $1.7 billion, said people familiar with the matter.

7-Eleven’s Venture Firm Gets a Brain Freeze

7-Eleven’s Venture Firm Gets a Brain Freeze
bloomberg.com — Silicon Valley startups were redefining convenience, and 7-Eleven Inc. executives were nervous. Instacart Inc., Postmates Inc. and others were winning customers with their hassle-free mobile apps, enabling people to order, pay for, and arrange delivery of milk and other must-have items without ever leaving their couches.

Domo Said to Work With Morgan Stanley, Credit Suisse on IPO

bloomberg.com — Business analytics company Domo Inc. is working with Morgan Stanley and Credit Suisse Group AG to prepare for a potential initial public offering, according to people familiar with the matter. Domo founder and Chief Executive Officer Josh James said last year that the company was hoping to sell shares by the end of 2015.

AutoTech Ventures, armed with $75 million, scouts for startups

AutoTech Ventures, armed with $75 million, scouts for startups
autonews.com — AutoTech Ventures wants to be the talent scout for startups reinventing ground transportation. The venture capital firm, based in Palo Alto, Calif., has raised about $75 million to bankroll early-stage technologies enabling autonomous driving, improved cybersecurity in cars, entertainment systems and other automotive next big things.

AutoTech Ventures Sees Itself as Talent Scout for Auto Startups

bloomberg.com — AutoTech Ventures LLC wants to be the talent scout for startups reinventing ground transportation. The venture capital firm, based in Palo Alto, California, has raised about $75 million to bankroll early-stage technologies enabling autonomous driving, improved cybersecurity in cars, entertainment systems and other automotive next big things.

What’s This Startup Worth? Mutual Funds Can’t Get Their Stories Straight

What’s This Startup Worth? Mutual Funds Can’t Get Their Stories Straight
bloomberg.com — With hopes of getting in early on the next big initial public offering, managers at some of America's top mutual fund companies have plowed billions of dollars into Dropbox, Palantir Technologies, Snapchat, Uber Technologies, and other startups still in venture capital mode.

Gaming Startup Unity Seeks $1.5 Billion Valuation in Funding Round

Gaming Startup Unity Seeks $1.5 Billion Valuation in Funding Round
bloomberg.com — Unity Technologies is in talks to raise a round of investment that could value the company at $1.5 billion, according to people familiar with the matter. The gaming software maker's fundraising, which is expected to close within weeks, would provide it with added resources at it looks to take advantage of the increased interest in virtual reality, said the people, who asked not to be identified because the discussions are private.

Founders Fund Adds Banister as First Female Investing Partner

Founders Fund Adds Banister as First Female Investing Partner
bloomberg.com — Cyan Banister, a longtime angel investor, engineer and entrepreneur, joined Founders Fund Management, becoming the first female investing partner at the 11-year-old venture capital firm. Banister's appointment comes as the industry grapples with its treatment of women and whether they are being fairly represented, with only 6 percent counted among the top ranks with the power to invest.

Analytics Firm Domo Scoops Up $131 In New Investment Funds

Analytics Firm Domo Scoops Up $131 In New Investment Funds
information-management.com — (Bloomberg) -- Business analytics company Domo Inc. said it scooped up $131 million from investors, bolstering its latest round of funding and holding steady at a $2 billion valuation it gained a year ago.
More Articles →
May 06, 2016

Trump Supporters Are Rarer Than Unicorns in Silicon Valley bloom.bg/26ZGaYf via @technology @EricNewcomer

May 05, 2016

Tough 360fly Funding Shows Broader Startup Plight, Gadget Woes bloom.bg/1Zi0PAZ via @business

May 03, 2016

RT @SFBusinessTimes: A third of #BayArea residents say they are planning to leave, new poll shows bizj.us/1mcn1i #housing https://pic.twitter.com/sGQRx9rOnX.co/sGQRx9rOnX

Apr 30, 2016

The American Women of ISIS - Who they are, why they're joining, and what life is like once they marieclaire.com/politics/a2001… via @marieclaire

Apr 28, 2016

@alexbarinka @danprimack @ampressman The valuations assigned by Fidelity, T. Rowe etc to private cos have always been more art than science.


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