Deep Dive States Data Venture

Are the rest (of the tech spots) actually rising? It’s complicated.

Are inland states seeing more venture capital deals and dollars? Yes and no. More venture investors say they’re looking outside the tech hubs in California, New York, and Massachusetts for their next investments. They cite skyrocketing costs of living, increasing fatigue toward tech companies and perceived ideological homogeneity as reasons for them to consider parking their […]

Top 10 VC

Top 10: software, internet content, and biotech dominate venture deals in February

Across the biggest venture investment sectors in February 2018, deal count dropped while equity invested jumped compared to the same period the year before, according to VCJ’s analysis of preliminary data from Thomson Reuters. In February 2018, there were 224 venture deals with U.S.-based companies totaling $5.6 billion. The biggest share of those companies were […]


What’s at stake for VC firms in SEC’s ICO inquiry? Q&A with attorney Nick Morgan

The SEC in recent months has issued subpoenas or requests for information to dozens of blockchain projects, companies and advisers, according to reports, indicating that it may take action against some token sales or initial coin offerings for violating securities laws. The apparent sweep indicates the SEC is increasing its involvement in coin and token offerings. […]

SEC VC Venture Fund Crypto

Venture investors tread carefully with the SEC and ICOs

Venture and institutional investors are treading carefully as they begin to hold digital assets like those issued in initial coin offerings without clear guidelines from regulators. The SEC has refrained from issuing a bright-line test or set of criteria for whether digital tokens or coins fall under the definition of a security. Instead, U.S. regulators are […]

Fund Performance Portfolio

New NVCA legal templates address token offerings

The National Venture Capital Association is addressing cryptocurrencies in a set of model legal documents it has updated for the first time since 2014. The updates, guided by the NVCA’s general counsel advisory board, address a variety of issues in addition to the emergence of blockchain technology and cryptocurrencies. These issues include life-science transactions, harassment […]

Luna Capital, Lindsey Maule, venture capital

Lindsey Maule leaves Precursor to launch cryptocurrency hedge fund Luna Capital

Lindsey Maule, head of cryptocurrency research at Precursor Ventures, has launched Luna Capital, a cryptocurrency-focused hedge fund, serving as CEO and general partner, according to the new firm’s website. Maule joined Precursor in August 2017 to build the firm’s investment strategy for initial coin offerings and advise portfolio companies on launching ICOs, according to her […]

Data VC Venture

Illinois sees jump in share of venture capital dollars invested

Coastal states command the vast majority of venture capital dollars, with startups in California, Massachusetts and New York inking more than half of all venture deals in 2017. But in the past five years, inland states outside traditional venture hubs have made gains in the number of venture deals and equity raised by startups, with […]

VC Khosla Martins Beach

Khosla takes beach-access suit to U.S. Supreme Court

Venture investor and Sun Microsystems Founder Vinod Khosla is appealing to the U.S. Supreme Court, arguing that California has violated his property rights by requiring him to allow public access to the beach adjacent to his property near Half Moon Bay. In a 151-page filing submitted Feb. 22, Khosla’s attorneys argue that the California Coastal Commission […]

VC Venture Crypto Carveout

More venture-fund managers request crypto carveouts

Gone are the days when venture-fund managers had only cash or stock as the basis of distributions to LPs. As investors turn to blockchain technology and more companies hold initial coin offerings, fund managers are beginning to request cryptocurrency baskets to hold digital assets like coins and tokens. The new asset class brings with it […]


1315 Capital raises $300 mln for second fund

Philadelphia-based 1315 Capital has raised $300 million for its fund, 1315 Capital II, according to a regulatory filing. The firm invests in pharmaceutical, medical technology, and healthcare service companies, according to its website. It is led by Adele Oliva, Michael Koby, and Brian Schwenk. The fund closed at its hard cap of $300 million, exceeding its $250 million target, according to a press release. The filing lists 57 investors.