Prabhu Palani is the CIO of the City of San Jose's Retirement System, one of the 10 largest cities in the U.S., where he manages a $6 billion multi-asset class portfolio for two distinct plans. In this interview, he discusses his successful experiences working with some of the largest institutional buy-side firms, why the City of San Jose takes on an endowment-like approach with exposure to private asset classes, and how he plans on leveraging the proximity to Silicon Valley to generate healthy returns.
If the deterioration in deal volume persists into Q2, the United States' largest startup market could be in for more than a bump as the global pandemic slows economic activity.
This is not the first time that the U.S. government's fears over technology have placed undue suspicion on immigrants with a Chinese connection.
Venture capitalists and executives from hundreds of private companies will meet in Silicon Valley to discuss whether the financial industry's system for IPOs is still working after a year in which many of the biggest deals flopped.
Bill Gurley of venture firm Benchmark says there are significant discrepancies between IPOs and direct listings that startups shouldn't ignore.
Peter Thiel, one of Silicon Valley's most successful and controversial venture capitalists, has a problem with Google. Thiel accused the search engine of being unpatriotic for operating an artificial intelligence lab in China while simultaneously developing artificial intelligence for the Pentagon.
Industry luminaries including Musk and Peter Thiel committed at least $1 billion to the nonprofit to build A.I. that could match or improve on the technology being developed by tech giants such as Google, Facebook Inc. and Microsoft.
A tough, new enforcement regime is becoming a geopolitical minefield for venture capitalists and startups. This is Silicon Valley in 2019 -- a playground for foreign countries eager to fulfill their grand strategies.