Marc Lore Says Venture Firm With A-Rod Will Make Bets On Digital Retail
Walmart’s former e-commerce chief Marc Lore said he’s ready to make big bets on digital retail as he teams up with baseball star Alex Rodriguez on a new venture capital firm.
Why Blackstone, Other PE Giants Are Gobbling Up Warehouses
With e-commerce sales booming, private equity firms have been on something of a buying binge, snatching up tens of millions of square feet of warehouse space, in part as an additional way to capitalize on an ongoing revolution in digital commerce and logistics.
U.S. VC Investments Exceed 2019 Despite Pandemic Gloom
Despite an initial freeze in investments early in the year due to the COVID-19 pandemic, U.S. venture capital funding this year has already overtaken 2019 levels as many tech companies got a boost from remote work and an e-commerce boom.
Paypal Poaches Wells Fargo's Peggy Mangot For VC Team
PayPal, a pioneer in online payments, is on a tear, posting record quarterly results last month as the coronavirus pandemic accelerated e-commerce and digital payments trends.
India Venture Ecosystem: Fireside Chat
During this fireside chat, you will learn how Subrata and Binny helped put India on the map for many global investors; their views on the current and future Indian startup and venture ecosystem; and Binny's next chapter after Flipkart's successful $16B exit to Walmart, which is the largest ever M&A deal in the e-commerce industry. Speakers include Subrata Mitra, Co-Founder & General Partner, Accel India; and Binny Bansal, Co-Founder & Former CEO, Flipkart. The discussion was recorded at the Trusted Insight Innovation Summit, Tokyo on November 22nd, 2019. The event was in collaboration with Japan Post Bank and Coral Capital.
Fireside Chat With Binny Bansal: Next Chapter After Flipkart’s $16B Exit
Binny Bansal recently joined Alex Bangash at the Trusted Insight Summit 2019. Binny is an internet entrepreneur and software engineer that co-founded the online e-commerce site, Flipkart. He started off as the chief operating officer for the company until January 2016, but has since been promoted to chief executive officer. During the discussion, Binny talked about his entrepreneurial journey; his views on the current startup and venture ecosystem in India; and his next step in helping entrepreneurs build innovative companies. The discussion was recorded on June 19th, 2019 in San Francisco, CA.
Jeff Bezos Creates $2B Fund To Fight Homelessness
The Amazon CEO and his wife, MacKenzie, will commit $2 billion to fund existing nonprofits that help homeless families and to create a network of preschools in low-income communities. They call their project the "Bezos Day One Fund."
JD Finance Launches Consumer VC Fund
Chinese e-commerce giant JD.com Inc.'s financial services spin-out, JD Finance, has set up its first consumer-focused early stage venture fund, Qianshu Capital, to back innovative start-ups that help meet increasing consumer demand in China.
Novacap Wraps Up Fifth Fund At $840M
Canadian private equity firm Novacap has closed its fifth fund at a hard cap of $840 million. The limited partners of NOVACAP TMT V include public and corporate pension funds, insurance companies, endowments, foundations, family offices and individual investors in Canada, the U.S., Europe and Australia. The fund will focus on a wide number of tech sectors that include software, internet infrastructure and e-commerce and make individual investments ranging from $20 million to $100 million.
Here’s a chart of the most valuable brands in the world... notice anything?
U.S. tech stocks may be under pressure lately, but they are still the top dogs when it comes to brand power....