Security researchers say North Korean hackers have infiltrated hundreds of organizations with the goal of taking money and stealing data to further the regime’s nuclear weapons program.
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With Elon Musk playing such a high-profile role in Donald Trump’s transition team, Musk’s buddies, many of them Silicon Valley venture capitalists, are reportedly being tapped to help out. For instance, VC firm Andreessen Horowitz, and in particular co-founder Marc Andreessen, is repeatedly being mentioned. He, along with Antonio Gracias and Joe Lonsdale, are reportedly […]
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Rather than opening an IPO window, ServiceTitan’s IPO could be the first \of something else entirely, VCs warn.
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Sequoia says no exits, no problem. The Silicon Valley titan of venture marked up the value of its 2020 Sequoia Capital U.S. Venture XVII fund by 24.6% in June, at the end of a 12-month period, according to PitchBook, which ran analysis on data from the Regents of the University of California’s endowment. Sequoia’s markup […]
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It’s no secret that the venture capital industry is facing a liquidity crisis as IPOs and other exits remain few and far between after 2020 and 2021’s record-breaking years. Now, we have numbers that show just how bad it’s gotten. In 2023, the U.S. VC industry invested $60 billion more into startups than it collected […]
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A dearth of funding for vital open source technologies is leading to a swath of support from startups, unicorns, corporations, and even venture capital firms. Last year, Bloomberg launched its FOSS (free and open source software) fund, committing up to $90,000 per year to various projects. And in October, Indian financial services company Zerodha launched […]
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Founders hope that their startups continually raise larger funding rounds at escalating valuations. But unexpected challenges, such as a global health crisis or a sudden surge in interest rates, can have a significant impact on a company’s ability to maintain its valuations. Some of these startups may have to resort to down rounds, which are […]
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Old ideas like you need $100 million worth of trailing revenue to go public, and $1 million worth of annual recurring revenue to raise a Series A are so old that they are practically perched atop Abe Lincoln’s head.In today’s market, what a startup needs to raise depends on its sector, founder profile, and, yes, […]
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Seagrass punches above its weight. The marine plant only occupies 0.1% of the ocean floor but can be credited with supporting marine ecosystems of plants and fish, filtering ocean water and capturing quite a bit of carbon. Seagrass is also being destroyed, due to climate change and other factors, with meadows reducing 7% globally each […]
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By now, there’s hardly a coder in the world who isn’t using an AI copilot in some way. But using GitHub Copilot or Cursor.AI to ask technical questions and get debugging help could be just the beginning. AI coding may one day involve agents that can write the programs themselves based on a natural language […]
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