Venture Capital
“Forty percent, on average, of our companies go to zero. ... And by and large, the reason that our companies fail is that we got the timing wrong.”
The no-longer unicorn is now worth $550 million.
Its size could also be a liability.
It’s the first public departure since Benchmark’s lawsuit divided Silicon Valley.
Canaan Partners investor Maha Ibrahim says the lack of obvious female founder role models is setting women back.
More fallout from the government’s decision to delay the International Entrepreneur Rule.
Uber would be its biggest deal yet.
Canaan’s Maha Ibrahim says some companies that have recently gone public will never make money.
The messaging company is now valued at over $5 billion.
Deep Nishar, SoftBank’s managing director, also dodged a key question about Uber and Lyft.
Prominent voices are about to blast “self-perpetuating men’s clubs” as sexist social institutions.
“The fundamental process of getting public needs to be completely fixed because it is corrupted.”
Kalanick will likely avoid a deposition and the case will proceed quietly and quickly.
A primer to the possible legal fireworks.
Social Capital CEO Chamath Palihapitiya says if they want to survive, investors need to seek out a deep, operational understanding of their businesses.
$4.4 billion to one company.
Benchmark says it needs immediate action to protect Uber from Kalanick’s “corrosive influence.”
A filing from the investment firm could allow startups to go public without Goldman Sachs or Morgan Stanley.
Use these as signal in a whole lot of noise.
He’s going to Greylock.
Derris’s three partners are unveiling Amity Supply.
It’s the opening salvo in what will likely be a long, long battle.
Look out, SoftBank.
The head of the National Venture Capital Association is candid about the size of the problem.
The Japanese giant is “making the rounds” to find new ways to get a piece of the car-hailing company.
This is Uber’s first comment on the suit. All members except Kalanick and Benchmark signed the statement.
Benchmark’s lawsuit Thursday shook the community.
It’s tough these days for boards to discard entrepreneur CEOs.
Less than half of investors said the same thing at the end of 2016.
Airbnb and WeWork are a distant second and third.
Benchmark is not committed to a deal. Neither is SoftBank.
“When you’re not sorry until you get caught, you’re not really sorry.”
Tuesday was an early test of how VC firms might recover.
Christine Tsai calls these days a “confusing, emotional time.”
Abbott has worked at Kleiner since 2011.
Even though Fidelity was one of the leading agitators calling for Kalanick’s removal.
It’s going on a hiring spree and redesigning its website.
Joelle Emerson and Niniane Wang share their solutions on the latest Too Embarrassed to Ask.
Still, he wasn’t “surprised” by the revelations.
After selling LinkedIn to Microsoft, Hoffman has become something of a Silicon Valley mentor.