JPMorgan Chase & Co., the largest bank in the United States, is reportedly aggressively positioning itself as the leading financial partner for tech companies in Silicon Valley. After the collapse of Silicon Valley Bank (SVB), JPMorgan sees an opportunity to fill the void and attract the...
Venture firm Greylock Partners is reportedly experiencing a transition as Reid Hoffman, a prominent figure in the tech industry, scales back his involvement in new deals. Hoffman, a co-founder of LinkedIn and a member of the “PayPal Mafia,” has decided to focus on artificial intelligence (AI), leading to...
The United Kingdom has taken a significant step to bolster its position as a global FinTech investment hub by launching a £1 billion investment fund, announced Wednesday (Aug. 16) by UK FinTech Growth Partners. The fund, called the Fintech Growth Fund, aims to support growth-stage...
Silicon Valley venture firm Sequoia Capital has reportedly downsized two major funds due to the downturn in the startup market. In a move reflecting the changes within tech investing, Sequoia cut the size of its cryptocurrency fund to $200 million from its original $585 million, as...
June 13, 2017
And then, just like that, it was over. As has been widely anticipated and widely reported, Yahoo’s been consumed by Verizon, which is now combining with the AOL properties under the Verizon umbrella. Amid the marquee combination, Marissa Mayer, who had been the head of Yahoo, has resigned that position, pocketing a $23 million payout […]
November 06, 2023
Investment firm Proof Group may be aiming to revive the bankrupt crypto exchange FTX. Proof Group is one of three bidders vying to reboot trading on FTX, Bloomberg said in a Monday (Nov. 6) report, citing sources familiar with the matter. Proof Group is also a member of the Fahrenheit consortium, a group of investors and crypto companies […]
October 11, 2023
JPMorgan Chase & Co., the largest bank in the United States, is reportedly aggressively positioning itself as the leading financial partner for tech companies in Silicon Valley. After the collapse of...
August 30, 2023
Venture firm Greylock Partners is reportedly experiencing a transition as Reid Hoffman, a prominent figure in the tech industry, scales back his involvement in new deals. Hoffman, a co-founder of LinkedIn and a...
August 16, 2023
The United Kingdom has taken a significant step to bolster its position as a global FinTech investment hub by launching a £1 billion investment fund, announced Wednesday (Aug. 16) by...
