U.S. Pension Fund CalPERS Approves Direct PE Investment Plan
CalPERS has received tentative approval to move ahead with its plan to create two new ventures that would directly invest in late-stage venture capital, investing up to $20 billion or more over 10 years in private companies.
'the Oa' Season 2: Tv's Oddest Show Is Back
During the two hours I spent talking with Brit Marling and Zal Batmanglij in February, the conversation eddied its way around the following topics. The movies of Krzysztof Kieslowski. The neuroscience of trauma. The painter and novelist Leonora Carrington. Noise shows in San Francisco. Hilma af Klint and the origins of abstract expressionism. Hannah Gadsby's Nanette. Malcolm Gladwell's podcast. Cassandra and the gift of second sight. Adam Curtis's HyperNormalisation. The scourge of irony. Yuval Noah Harari's Sapiens. The serenity of Le Pain Quotidien.
Detroit Country Day School Sued For Racial Discrimination
Former football player claims he was forced to leave the school after being wrongly accused of smoking pot. : Former football player claims he was forced to leave the school after being wrongly accused of smoking pot. This conversation is moderated according to USA TODAY's community rules. Please read the rules before joining the discussion.
Glossier Exceeds $1B Valuation With Latest Funding
Started as a beauty blog in 2010, the company has a $1.2 billion valuation. : After raising $100 million in series D funding, Glossier now has a $1.2 billion valuation. Sequoia Capital led the round, along with a number of other investors, including Tiger Global Management, Spark Capital, Forerunner Ventures, Thrive Capital, IVP, and Index Ventures, according to The Wall Street Journal. Emily Weiss, founder of Glossier, started the brand in 2010 as a beauty blog called Into the Gloss.
Should You Take Venture Capital Funding?
Short answer: You need to stick to your company's long-term vision. Entrepreneurs often have to make difficult decisions about how to fund their business. If you plan on building a long-term independent company, at some point, you can no longer rely on the friends and family who invested in your angel round. You need to attract the attention of professional investors, who themselves get money from large limited partners. Those investors are in the home run game-they only bet on grand slam ideas.Read Full Story.
Kirkland M&a Attorney William Sorabella Joins Gibson, Dunn & Crutcher
Gibson, Dunn & Crutcher hired William Sorabella as a partner working on public company and private equity mergers and acquisitions. Sorabella joins from Kirkland & Ellis. Press Release Gibson, Dunn & [...]
Shale Markets, Llc / Spirit Energy Brings Oda Field Online
By Offshore Energy Today.. Spirit Energy has started oil production from the Oda field located in the North Sea, offshore Norway, almost five months earlier than the original plan. ... Read Full Article Here For more great articles: Offshore Energy Today.
Ziad Moukheiber, Ceo Of Boston Harbor Angels Joins The Board Of Distributed Ledger Fintech Startup Tunnel
BOSTON--(BUSINESS WIRE)--Tunnel a FinTech startup delivering a unique distributed ledger technology (DLT) and payment network, previously closed a seed round of funding lead by prominent angel investment firm Boston Harbor Angels with Colony Hills Capital, EQX Fund, Wilmington Investor Network and Tomahawk Group all participating. Ziad Moukheiber, CEO of Boston Harbor Angels, led the investment round and recently joined the Board of Directors at Tunnel. He joins Tunnel's CEO Frank Makrides and.
Glossier Triples Valuation, Enters Unicorn Club With $100M Round - Techcrunch
The direct-to-consumer beauty brand has secured new investment from Sequoia Capital at a valuation of $1.2 billion. : Glossier, known for its flagship line of barely there beauty products, has landed a $100 million Series D led by Sequoia Capital. The round values Emily Weiss' business at a whopping $1.2 billion, fully cementing the company as a startup "unicorn" and tripling the valuation it garnered with a $52 million Series C in 2018.
Tetrate Hosts First-ever Service Mesh Industry Conference With Service Mesh Day 2019 | Business Wire
SAN FRANCISCO--(BUSINESS WIRE)--Creators of Istio and Envoy Headline Event on March 28 and 29 in San Francisco Exploring Application of Service Mesh Technology.
Uipath Raising Funding At Possible $7B Valuation, Sources Say
Buzzy robotics software company UiPath is in talks with investors about a big new round of funding that could double its valuation from $3 billion to as much as $7 billion, multiple sources told Business Insider. The talks, which are ongoing, could infuse the company with $300 million to $400 million in new capital, people familiar with the matter said. While the official figures are still in flux, the sources said UiPath's post-raise valuation will be at least $6 billion, but could also be as high as $7 billion.