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Report: Strong Q1 2020 In Venture Capital, But Downturn Expected

socalTECH

The National Venture Capital Association (NVCA) says that Q1 2020 venture capital investments had a "strong showing" in Q1, however, it expects that the impending economic downturn due to the COVID-19 pandemic will slow activity through the rest of the year. According to the NVCA, and its PitchBook-NVCA Venture Monitor, there was $34.2

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London and SF have become Impact Tech hubs, with 280% increase in VC in 5 years

TechCrunch LA

New research has found that San Francisco and London have become two of the world’s leading hubs for VC investment into tech solutions that address one or more of the 17 UN’s Sustainable Development Goals (SDG), more commonly referred to as “Impact Tech” They are followed by Paris, Berlin, Stockholm, Shanghai and Beijing.

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Viant Files For IPO

socalTECH

Irvine-based Viant Technology, a developer of advertising software, has filed for an IPO, saying in a filing with the SEC that it is looking to raise up to $150M in an IPO on the Nasdaq Global Market as DSP. The company reported $9.9M in net income on $164M in revenues for the year ended December 31, 2019.

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Etsy Is Boosting Seller Transaction Fees By 30%

Tech.Co

Etsy revealed the change in emails to sellers as well as a report to investors yesterday. It'll help the company invest in marketing, Etsy CEO Josh Silverman says: “We have demonstrated our ability to make improvements that directly translate into more sales for our sellers, as evidenced by record sales per seller in 2021.

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KPCB has already blown through much of the $600 million it raised last year

TechCrunch LA

Kleiner Perkins , one of the most storied franchises in venture capital, has already invested much of the $600 million it raised last year and is now going back out to the market to raise its 19th fund, according to multiple sources. We went out to market to LPs. Kleiner Perkins partner Ilya Fushman. “We ”

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Transportation Weekly: Uber’s spending habits, Tesla Model Y, scooters and AVs in Austin

TechCrunch LA

Welcome back to Transportation Weekly; I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch. This is where investigative reporting, enterprise pieces and analysis on transportation lives. This investment would give Uber ATG a valuation of between $5 billion and $10 billion, WSJ reported.

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10 Realities Today Cause Startups To Bypass An IPO

Startup Professionals Musings

According to a recent Ernst & Young global report , the first half 2019 global IPO activity slowdown continued, following an unusually quiet Q1 2019 as ongoing geopolitical tensions and trade issues dampened IPO sentiment. Public companies of any size must comply immediately with the full reporting requirements of the SEC.

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