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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.” ” Citing a Bloomberg report, the site explains automakers may have had the worst first half for new-vehicle retail sales since 2013. After all, a vehicle traditionally loses its value at a dramatic rate.

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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. According to a report released today, financial technology companies around the world attracted $12.7 Fintech has seen a frothy flood of.

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Report: IPO Activity Picking Back Up Following Quiet, Volatile Q3

Xconomy

While the headlines may be dominated by news of WeWork putting its IPO on hold after reports about its questionable corporate governance, the overall initial public offering market is doing just fine. The total for the first three quarters of 2019 was about $8 billion shy of. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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

Xconomy

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. billion (across 138 deals) in 2016. The EdSurge report. education tech companies totaled $1.03

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Study Stakes San Diego’s Claim in Genomics: $292M in 2016 VC Deals

Xconomy

began collecting data for the report earlier this year in a bid to assess how genomics fits into San Diego’s innovation economy. Preliminary findings from an economic impact study show that genomics is emerging as a distinct innovation cluster in San Diego. The San Diego Regional Economic Development Corp.

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Third-Quarter Report Shows Slowdown in VC Activity, & Top 10 Deals

Xconomy

Venture capital activity is gradually easing from last year’s peak, according to a new quarterly report put together by Seattle-based PitchBook and the National Venture Capital Association. deals (1,796 companies) during the third quarter that ended September 30, according to the inaugural “Venture Monitor” report released today.

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Cybersecurity Firm Illumio’s Alan Cohen on the Tech Backlash of 2017

Xconomy

One of the largest and most consequential data breaches in 2017 afflicted credit reporting agency Equifax, and it was hardly the only victim.