Blockworks
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Blockworks exclusive: The move to create a separate entity reflects Steve Cohen's increasing bullishness on crypto, according to sources.
Michael Bodley
Verified
As seen in:
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MSN,
HuffPost,
The Washington Post,
USA Today,
NBC News,
Yahoo Finance,
Yahoo Finance Canada,
SFGate,
The Boston Globe,
Yahoo Sports
and
Covers:
Top venture capital funds from a GP and LP perspective. Scoops about fund launches, blow ups, capital flows, people moves and more. And always on the lookout for trends.
Doesn't Cover:
Not a fan of the blanket embargo.
Senior VC reporter @PitchBook michael.bodley@pitchbook.com | Baltimore-bred | Bigger @maggierogers’ fan than you 🪐
Michael Bodley’s Journalist Portfolio
View as a gridA Teenager Enlisted for US' Iraq Invasion: Now He's a Crypto CIO
Blockworks
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Nico Cordeiro's journey to crypto took an unorthodox path through Iraq and Afghanistan. Here's what being a soldier taught him about risk.
OK, You Blew Up Your Crypto Fund. What Do You Tell Your LPs?
Blockworks
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The sudden "radio silence" from typically forthright crypto traders has been driving their investors "all but mad."
Anthony Scaramucci's Bitcoin Fund Dropped 36.6% As Bitcoin Whipsawed in May
The Street Crypto
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SkyBridge Capital's flagship Bitcoin strategy was still up 18.7% YTD through the end of June
Abra Shakes Up Senior Staff as Crypto Bank Plans Near, Sources Say
Blockworks
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Abra, a company with aspirations to become the US' first regulated crypto bank, has taken a hard look at cost-cutting.
Tiger Global Sidestepped Crypto Rout by Cashing Out When Going Was Good
Blockworks
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Blockworks Exclusive: Hedge fund firm Tiger Global sold most of its crypto holdings at a profit several months ago, according to sources.
Genesis Parts Ways With Sales Staffers, Said To Spell More Bad Tidings
Blockworks
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Crypto brokerage Genesis has recently consulted restructuring specialists on the possibility of spinning out its troubled lending arm.
FTX Nixes Potential Down Venture Raise, Embarks On Hiring Push
Blockworks
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Blockworks exclusive: Crypto exchange FTX recently scuttled plans to raise yet another venture round at a significantly lower valuation, sources told Blockworks.
Multicoin Lost More Than Half Its Crypto Fund's Capital This Month: Sources
Blockworks
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The drop of about 55% - one of the worst in Multicoin Capital's history - was triggered by FTX's rapid descent into insolvency.
With Litigation Likely, Venture Fund DeFiance Takes Aim at Three Arrows Capital
Blockworks
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Blockworks exclusive: The hedge fund startup was incubated by Three Arrows, a then-favorable arrangement that has since soured.
4th victim in West Oakland fire was mathematician from Nigeria
San Francisco Chronicle
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A fourth person killed in a fire at a West Oakland halfway house was identified Monday as a gifted mathematician from Nigeria who chased dreams of higher education even as he battled mental illness.
Another violent teen robbery on BART in Oakland - but this time, witness saves day
San Francisco Chronicle
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For the second time in three months, a large group of teenagers committed a violent robbery at BART's Coliseum Station in Oakland, snatching a phone from a woman and then punching and kicking a 62-year-old passenger who chased them and demanded the return of the device, police and witnesses said.
PG&E plugs fast-rising executive Geisha Williams into CEO role
San Francisco Chronicle
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Williams, a 55-year-old Cuban immigrant, is the first female, Hispanic CEO of a company PG&E's size, said Tony Earley Jr., the current president and chief executive. Williams will also have to continue monitoring the energy system's safety and repairing the public trust that was severely shaken by the 2010 San Bruno pipeline explosion, which took eight lives, destroyed dozens of homes and cost the company millions of dollars.
At Stanford, Justice Ginsburg wishes for more civil discourse
San Francisco Chronicle
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Drawing parallels from her 83 years of life to the partisanship gripping the United States government, Supreme Court Justice Ruth Bader Ginsburg on Monday night called for a return to civil discourse at a Stanford University talk on how to live a "meaningful life."
UC Berkeley Greek groups halt parties after sex assaults reported
San Francisco Chronicle
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For the first time, UC Berkeley student leaders - not administrators - have suspended parties at fraternities and sororities after two women said they were sexually assaulted at off-campus Greek events last weekend.
UC Berkeley Greek parties back on, with new rules
San Francisco Chronicle
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UC Berkeley's Greek organizations agreed to new rules they say will keep students safer as they lifted an unprecedented self-imposed party ban at fraternities and sororities that was implemented after two woman reported being sexually assaulted at off-campus fraternity houses. [...]
Hundreds walk out of Stanford classes, demand 'sanctuary campus'
San Francisco Chronicle
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More than 500 Stanford University students, faculty and staff members walked out of classrooms and ducked out of jobs Tuesday in a protest of the policies of Donald Trump, the latest in a wave of Bay Area and national demonstrations against the president-elect.
Marijuana Commerce Blossoms, But Challenges Abound
NBC News
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"I'm an entrepreneur. I've had businesses since I was 23 years old," Zerman said. "Everything about this business is difficult. You really just have to be up for a good challenge." Though social attitudes are leaning more in marijuana's favor, the majority of traditional investors - who tend to be more conservative with their choices - have kept their caution.
Inside the SF Laundromat basement where 2 dozen people lived
San Francisco Chronicle
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For nearly four years, Nicaraguan immigrant Claudia Blandon Soto lived in the basement of a Laundromat in San Francisco's Excelsior neighborhood with about two dozen people - some of whom had called the subterranean space home for as long as a decade.
For Mass. farmers, the ongoing drought is no joke - The Boston Globe
The Boston Globe
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SUDBURY - Along a dusty path wending through his farm fields, Chris Kurth eased a faded white Toyota pickup streaked with dirt and mud to a stop, and checked the pulse of the beat-up blue hoses keeping his crops on life support.
Eleven years after being approved, Montana's medical marijuana industry faces an existential thre...
The Washington Post
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Editor's note: This is one in a series of articles on the legalization of marijuana, produced in partnership with the 2015 Carnegie-Knight News21 national student reporting project.
BILLINGS, Mont. - Gone are the flashing green neon lights on street corners advertising $200 ounces of marijuana in Billings and Butte and beyond.
Bernie Sanders challenges Trump, Dem establishment at UC Berkeley
San Francisco Chronicle
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The senator from Vermont and former presidential candidate offered his view on what went wrong in the Democratic Party and how liberals ought to counter the president-elect. Gone were the conciliatory remarks offered by Sanders and other prominent Democrats, President Obama included, on giving Trump and his policies a chance.
McElhaney's ethics case headed to administrative law judge
San Francisco Chronicle
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For hours on end, not one of the dozens of people at a special meeting of Oakland's Public Ethics Commission at City Hall on Monday evening seemed able to discern what Councilwoman Lynette Gibson McElhaney may have done wrong, and why.
4 fires, 4 arsons at half-done housing sites in Oakland
San Francisco Chronicle
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The fire that consumed an apartment and retail complex being built near downtown Oakland on Friday wasn't the first to rip through a half-finished housing development in the area in recent years.