Category: venture capital
How 6 top VCs are adapting to the new uncertainty
As the global economy grinds to a halt, every business sector has been impacted, including the linked worlds of startups and venture capital. But how much has really changed? If you read VC Twitter, you might think that nothing has changed at all. It’s not hard to find investors who…
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“A perfect storm for first time managers,” say VCs with their own shops (and who have advice)
Until very recently, it had begun to seem like anyone with a thick enough checkbook and some key contacts in the startup world could not only fund companies as an angel investor but even put himself or herself in business as a fund manager. It helped that the world of…
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Proposed amendments to the Volcker Rule could be a lifeline for venture firms hit by market downturn
In the wake of the financial crisis, Congress passed regulations limiting the types of investments that banks could make into private equity and venture capital funds. As cash strapped investors pull back on commitments to venture funds given the precipitous drop of public market stocks, loosening restrictions on the how…
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Venture debt’s new reality: ‘The last thing we want is management walking away from a company’
Maurice Werdegar is the longtime CEO of venture debt shop Western Technology Investment, one of the most active venture debt lenders in the U.S. It’s also one of the older firms, having loaned out money for roughly 40 years to startups that needed to achieve certain milestones, reach profitability or…
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Investors tell Indian startups to ‘prepare for the worst’ as Covid-19 uncertainty continues
Just three months after capping what was the best year for Indian startups, having raised a record $14.5 billion in 2019, they are beginning to struggle to raise new capital as prominent investors urge them to “prepare for the worst”, cut spending and warn that it could be challenging to…
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General Catalyst just announced $2.3 billion in new capital commitments across three funds
General Catalyst, the 20-year-old venture firm that has been bulking up in recent years, announced this morning that it has secured $2.3 billion in capital commitments across three funds: a $600 million early-stage fund, a $1 billion growth fund for companies with $10 million-plus in annual revenue, and a $700…
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