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The future of car ownership: Cars-as-a-service

TechCrunch LA

My favorite car blog Jalopnik said it best: “Cars Sales Could Be Heading Straight Into the Toilet.” Fair was founded in 2016 by an all-star team made up of automotive, retail and banking executives including Scott Painter, former founder and CEO of TrueCar. Don’t buy, lease.

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Fintech VC Backing Dipped 13 Percent in 2016, Mirroring Rest of Tech

Xconomy

The final numbers on 2016 fintech funding deals are in from New York-based research firm and investment database CB Insights, and venture capitalists seem to be cooling on the industry. billion in venture capital across 836 investments last year. That is down 13 percent from a peak in 2015, when global fintech investment soared to $14.6

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UCSB Distinguished Speaker Series: Brad Feld

SoCal Tech Calendar

Tuesday, November 1, 2016 -- UCSB Distinguished Speaker Series: Brad Feld. Prior to co-founding Foundry Group (link is external), he co-founded Mobius Venture Capital and, prior to that, founded Intensity Ventures. Brad has been an early stage investor and entrepreneur since 1987.

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Capital Stockpile Grows as Venture Fund-Raising Hits Recent High

Xconomy

In the venture capital business, a rising tide lifts all boats. venture firms have plenty of capital to invest in new companies, after 328 venture funds raised a total of $51.6 million in 2016. The report shows, however, that venture firms also were more selective about their investment deals in 2016.

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Latest Data Show Venture Capital Industry on Pins and Needles

Xconomy

According to the National Venture Capital Association and PitchBook , this past quarter $15 billion was invested in 1,810 deals , which compares unfavorably to both the prior quarter ($22.1 Have investors drifted, becoming less dogmatic about hitting interim milestones with as little capital as possible? history (admittedly, at 2.1

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Freight trucking startup Shipwell gets a $10 million boost

TechCrunch LA

. “ Shipwell’s full-service, digitized brokerage platform can streamline the way many of our Anchor LPs and portfolio companies approach large-scale freight shipping,” the firm’s principal — and newest Shipwell board member — Vik Chawla wrote in a blog post announcing its most recent deal.

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Edtech Venture Funding Down in 2016, But Still Tops $1B

Xconomy

billion (across 138 deals) in 2016. While we’re looking at venture deal numbers from the past year , let’s consider the education technology industry, which isn’t broken out by sector in the general reports I’ve seen. A recent study by EdSurge , an edtech information firm, shows venture funding for U.S.

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