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5 Largest Funding Rounds Raised in 2017

Tech.Co

Thanks to data from Crunchbase , we can bask in the glory of the five highest funding rounds in 2017 so far. Didi Chixing, the Chinese ride-sharing giant, has had the largest funding round of 2017, with a $5.5 billion private equity round led by SoftBank , in addition to three other investors.

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EV subscription startup Canoo, co-founder sued for alleged harassment

TechCrunch LA

The lawsuit filed in Los Angeles Superior Court makes a number of allegations against Stefan Krause and Canoo, including that Christina Krause was paid less than other founding members and not given the co-founder designation or the equity stake that often comes with that title despite being a founding employee.

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CPC Strategy Acquired By Elite SEM

socalTECH

San Diego-based e-commerce agency CPC Strategy has been acquired by digital marketing agency Elite SEM , according to private equity backer Mountaingate Capital. The acquisition is the third for Elite SEM since Mountaingate Capital acquired the comapny in 2017. Financial details of the acquisition were not announced. READ MORE>>.

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Startups Weekly: VCs are drunk on beverage startups

TechCrunch LA

Founder Alix Peabody designed a line of female-focused canned rosé. The firm was launched in 2017 by general partners Eva Ho and TX Zhuo, formerly of Susa Ventures and Karlin Ventures, respectively. Modsy scores $37M to virtually design your home. Peabody explained most alcohol brands cater to men, and that’s a problem.

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7 Ways To Test Your Potential For Starting A Business

Startup Professionals Musings

So before you quit your day job, tax all your friends and investors for money, or max out your credit cards to design and build a product, I recommend that you seriously contemplate the following more basic questions: Are you prepared to adopt the entrepreneur lifestyle? Marty Zwilling First published on Huffington Post on 12/23/2017.

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Timing and why we’re all VCs

TechCrunch LA

Ajay Royan told Bloomberg in 2017 that Mithril does not “charge excessive fees.” Mithril is struggling to compete against ferocious competition in the growth-stage equity market. Some more on metrics design and quantification. If — and it’s a big if of course — they can do that on the cheap, then why should an LP care at all?