Tag: venture capital
LA tech industry mourns Kobe Bryant
The Los Angeles startup community is joining the rest of the world in mourning the death of NBA superstar, entrepreneur and investor Kobe Bryant who was killed in a helicopter crash in Calabasas, Calif., shortly before 10 a.m. on Sunday. Reports indicate that Bryant, his 13-year-old daughter Gianna Maria-Onore Bryant,…
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As the venture market tightens, a debt lender sees big opportunities
David Spreng spent more than 20 years in venture capital before dipping his toe into the world of revenue-based financing and realizing there was a growing appetite for alternatives to venture capital. Indeed, since forming debt-lending company Runway Growth Capital in mid-2015, Spreng has been busy writing checks to a…
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Why Front’s Series C matters, the latest on Lambda and The Athletic makes media look good
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week Danny and Alex are back with more than ever to get through. 2020 has come out of the gate fast when it comes to news, so much so that we had to leave out…
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Lighter Capital secures $100M to grow its equity-free financing business
Lighter Capital announced today that it has secured access to $100 million to lend to growing startups. The firm is best-known for its work with revenue-based financing, in which expanding companies repay borrowed funds out of future receipts. Lighter has also expanded into other, equity-free capital options for startups in…
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Lame LPs, founder referenceability, and the future of VC signaling
I’m still going through some of the comments I received on last week’s articles about the heightened competition among VCs for the best (typically SaaS) venture deals. Some more notes on whether large funds investing in small rounds causes VC signaling risk in a moment, but first, a fun anecdote…
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Court rules Mike Rothenberg must fork over more than $31 million to settle SEC allegations
Mike Rothenberg, the once high-flying VC bent on bringing the party to Silicon Valley, must now pay a whopping $31.4 million to settle a California federal court ruling in favor of Security and Exchange Commission allegations. TechCrunch deemed Rothenberg a ‘virtual gatsby’ back in 2016, when we first broke the…
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