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The Changing Structure of the VC Industry

Both Sides of the Table

Lower costs to start a business (95% reduction), many more companies created & funded by angels / seed. And as long as private-market capital is available these companies would rather remain private for longer before going public. We all have one-click purchase power (Apple, Google, Amazon, eBay). The iPhone was released.

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It’s Morning in Venture Capital

Both Sides of the Table

Cloud computing and the open source movements have brought down the costs of starting a company by more than 90%. From this we have seen a commensurate boom in the number of startup companies. But on micro level, over-funding also creates performance problems for specific companies.

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Canada’s newest unicorn: Clio raises $110M at a $1.6B valuation for legal tech

TechCrunch LA

Clio , a software company that helps law practices run more efficiently with its cloud-based technology, announced Tuesday it has raised a $110 million Series E round co-led by T. Rowe Price Associates Inc. The round propels the Vancouver, British Columbia-based company to unicorn status, valuing it at $1.6

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