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Expectations Rise on Q1 Surge in Venture Funding; and Top 10 Deals

Xconomy

Venture capital investors poured more than $28.2 companies during the first three months of 2018—marking the strongest single quarter in at least a dozen years, according to the Venture Monitor Report released today by Seattle-based PitchBook and the National Venture Capital Association (NVCA). billion into U.S.

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San Diego VC Funding Hits $547.2M in Q1; Ideaya Leads Top 10 Deals

Xconomy

Venture capital investors sank $547.2 million into 37 startup companies throughout San Diego County during the first three months of 2018, maintaining roughly the same level of venture funding seen in recent quarters, according to the Venture Monitor Report. It was almost 4 percent higher than the $526.7

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Lyft Raises $2.2B in IPO, Pegging Valuation at Over $24B

Xconomy

billion in new capital Thursday as the company completed an IPO that set its market capitalization at $24.3 million shares at $72 apiece, according to Renaissance Capital —the top of a new range that Lyft originally set at $62 to $68. billion at the time of its last fundraising in mid-2018. Lyft sold 30.8

Mobile 57
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With Pitches for HQ2 Made, Cities Wait on Amazon’s 2018 Decision

Xconomy

From Portland to Pittsburgh, it’s likely that every city in the U.S. with more than 1 million people has made its case to Amazon to locate the company’s second headquarters there. At least, hopefully they have already, because today—if you haven’t heard—was the deadline to apply.

Develop 82
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Norwest VC Eyes Waves of Change in A.I., Marketing, Cloud for 2019

Xconomy

Venture capital firms invest in potentially disruptive technologies with the hope of profit, then keep watch for further advances that could overtake their existing portfolio companies. All this is done while they guide startups through other external challenges such as fundraising droughts and overall market downturns.

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Beyond the Demo: 2018 Could Be Year for Longer, Profitable VR Content

Xconomy

René Pinnell says he and his wife Selena Pinnell were “blown away” by the virtual reality projects their friends were creating in 2014, so they looked for an entrepreneurial niche that would allow them to support such artists. That year the couple, both trained in design, founded a startup in San Francisco, then called KaleidoscopeVR.

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From Immigration to Taxes, Execs Talk Trump Effect on Innovation

Xconomy

In 2018, geopolitical events—in particular, President Donald Trump’s hard-line stances on trade and immigration, and the repeal of net neutrality rules—were top of mind for several business executives we interviewed recently.

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