Menlo Park, California-based Redpoint Ventures is seeking to raise $300 million for its second flagship China fund and $100 million for an opportunity fund that will focus on Chinese tech startups. Redpoint raised $180 million from 25 LPs for its first ACE Redpoint Ventures China fund in 2016. The funds will be led by Partner […]
Austin McChord was thinking about his next steps after leaving Datto, a company he founded and led before selling it for what some reports estimate to be $1.5 billion, when David Fialkow, General Catalyst’s co-founder, approached him to join the firm as a venture partner. “Datto provided a great return and I was asked to […]
Despite choppy stock market conditions and the U.S. government shutdown, this year will likely see at least several of the largest and best-known VC-backed unicorns make their public-market debuts, rewarding investors who have for years been patiently waiting for liquidity events. Uber, Lyft and Slack have all reportedly filed confidential IPOs with the SEC. Meanwhile, […]
The hedge fund Light Street Capital Management has started raising $25o million for a venture fund called Light Street Beacon I, and $20 million for a principals fund, according to a pair of regulatory filings.
Amplify.LA has raised more than $10.9 million of a $30 million targeted fourth fund, according to the latest regulatory filing. The Venice, California-based startup accelerator initially announced its intention to raise this fund in January 2018. The firm received capital commitments from 53 LPs. Amplify.LA invests in early-stage technology companies.
My name is Marina Temkin and I am the newest reporter at VCJ. I’m based here in the San Francisco Bay Area. I have always been drawn to storytelling, which has been my first passion, especially in finance. Prior to VCJ, I was a financial analyst for JPMorgan, Reuters and Duff & Phelps and later […]