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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

What You Can Learn From Public Markets It doesn’t really take a genius to realize that what happens in the public markets will filter back to the private markets because the ultimate exit of these companies is either an IPO or an acquisition (often by a public company whose valuation is fixed daily by the market).

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Hyundai taps EV startup Canoo to develop electric vehicles

TechCrunch LA

Hyundai Motor Group said it will jointly develop an electric vehicle platform with Los Angeles-based startup Canoo, the latest startup tapped by the automaker as part of an $87 billion push to invest in electrification and other future technologies. Hyundai Motor Group has committed to invest $87 billion over the next five years.

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SurePrep Gets Growth Investment

socalTECH

Irvine-based SurePrep , a developer of tax automation software and services for the professional tax return preparation market, has received what it calls a "significant" minority growth investment. The investment came from private equity investor Bregal Sagemount.

Invest 138
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Why Has Seed Investing Declined? And What Does this Mean for the Future?

Both Sides of the Table

Seed investments are down by any measure (funds, deals, dollars) over the past 3 years in deals < $1 million AND in deals between $1–5 million. As a result of the IPO window shifting we saw a massive inflow of public-market capital into the latest stages of venture. What gives? The “A Round” of my startup in 1999 was $16.5

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Diversis Capital Partners Invests In Adlib

socalTECH

Los Angeles-based private equity investor Diversis Capital Partners has made a "significant" growth investment in Toronto-based Adlib, a developer of software used for structuring data. Size of that investment was not announced. Diversis invests in software and technology companies, investing in lower middle-market companies.

Invest 113
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How long can Zuckerberg afford to bankroll the AR/VR market?

TechCrunch LA

Last week, we talked about about the “de-stonkifying” of the market. The company’s stock tanked by more than 26 percent, representing a $230 billion reduction in market cap and a $31 billion drop in Zuckerberg’s personal net worth. “ Crypto investment starts 2022 with a roar. other things.

Marketing 246
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ChowNow Names IPO Investment Banker As CFO

socalTECH

Los Angeles-based ChowNow, which develops software to manage online ordering and marketing for restaurants, has named a new CFO. Mancl was previously an investment banker, having previously been at Credit Suisse, where he served as the Global co-head of Internet Investment Banking.

Invest 113