Family office Lennertz & Co. is raising a new fund to take advantage of investment opportunities created by recent market volatility and depressed valuations. Lennertz, which was founded by former...
Tag: Venture capital
Mapping Out Alameda Research & FTX Ventures’ Portfolio
November 11, 2022, 11:13AM EST • 35 min read Quick Take FTX and Alameda Research, which was absorbed by the former in 2022, were both founded by Sam Bankman-Fried DeFi was the main category that the f...
Cathie Wood buys Coinbase dip, crypto stocks rise
Crypto-related stocks rose, far outpacing the broader crypto market and slightly outpacing the S&P 500, following positive inflation data in the U.S and news that Ark Invest bought the Coinbase di...
Sequoia says its investment in FTX is now worthless
Sequoia Capital, a leading venture capital firm, said in a letter to its limited partners that it has marked down the value of all its investments in FTX to zero. The letter, sent today by th...
Dan Tapiero says he’s not ‘all that worried’ about FTX crash
Crypto investment firm 10T Holdings is actually “doing ok” this year despite market volatility surrounding the collapse of FTX, hedge fund veteran Dan Tapiero said at the Token2049 confere...
Multicoin Capital hit by FTX collapse, with 10% of its fund’s AUM stuck on the exchange
Multicoin Capital, one of the top crypto-focused venture capital firms, is significantly impacted by crypto exchange FTX’s collapse, a letter obtained by The Block shows. The letter, sent ...
Lionel Messi takes stake in NFT fantasy soccer game Sorare
Soccer star Lionel Messi has joined NFT trading platform Sorare as an investor and brand ambassador. Sorare Soccer star Lionel Messi is joining Sorare, the French nonfungible token trading game, as an...
Genesis, Crypto.com latest companies to distance themselves from FTX crisis
Crypto trading and lending firm Genesis Trading and wallet provider Crypto.com are among the latest companies to distance themselves from the FTX liquidity crisis. The two firms took to Twitter ...
Decentralized search startup Sepana raises $10 million
Decentralized search startup Sepana has announced today it has closed a $10 million funding round led by venture firms Hack VC and Pitango First. Protocol Labs, Lattice Capital and Balaji Sriniv...
eGirl Capital and Larry Cermak on the dynamics shaping the crypto bear market
Episode 108 of Season 4 of The Scoop was recorded live with The Block’s Frank Chaparro and Larry Cermak and eGirl Capital Co-Founder, Hedgehog. Listen below, and subscribe to The Scoop on ...
VC deals during bull market lacked proper due diligence
VC deals were rushed and went ahead without proper due diligence during the last crypto bull market, said Amy Wu, head of ventures and commercial at FTX Ventures. This marks one of the key diffe...
Goldman Sachs unveils crypto classification system, aimed at institutional investors
A Goldman Sachs Group Inc. logo hangs on the floor of the New York Stock Exchange in New York, U.S., on Wednesday, May 19, 2010. Daniel Acker | Bloomberg | Getty Images Goldman Sachs is making a bid t...
JPMorgan Chase unveils payments platform for landlords and tenants
A JPMorgan logo displayed on a smartphone. Omar Marques | SOPA Images | LightRocket via Getty Images JPMorgan Chase is betting that landlords and tenants are finally ready to ditch paper checks and em...
After Pulling Its SPAC Deal, Startup Bright Machines Raises $100 Million On Factory-Reshoring Trend
Bright Machines microfactories automate electronics manufacturing. Manolo Lopez, Formidable Lior Susan figures snarled supply chains, Covid lockdowns in China and geopolitical pressures give U.S. manu...
5 Reasons Why Now Is A Great Time To Invest In Startups
Now could be the moment to get in on some of the most promising venture deals Photo by Andre Taissin on Unsplash Based on recent venture funding figures, now might not seem like the best time to inves...
Upgrade offers 3.5% APY as deposits battle heats up
Upgrade CEO Renaud Laplanche speaks at a conference in Brooklyn, New York, in 2018. Alex Flynn | Bloomberg via Getty Images Credit-card startup Upgrade is releasing a new savings account with what it ...
Andreessen Horowitz-backed Apex Space aims to mass produce spacecraft
Co-founders Max Benassi, left, and Ian Cinnamon Apex Space A pair of heavy-hitter startup founders is turning their attention to what they see as a key bottleneck in the space industry, and has alread...
Crypto’s ‘tribal battles’ will look silly in ten years, says veteran crypto investor
Episode 102 of Season 4 of The Scoop was recorded at Messari Mainnet 2022 with The Block’s Frank Chaparro and North Island Ventures Managing Partner Travis Scher. Listen below, and subscribe to ...
Vista’s Robert Smith says investing in DEI businesses vitally important in a bear market
Robert Smith during an interview with CNBC’s Squawk Box, broadcast live from World Economic Forum, Davos, Switzerland, on January 25, 2019. Adam Galica | CNBC Robert F. Smith, chairman and CEO a...
TeraWatt announces first interstate EV charging network for trucks
TeraWatt site Courtesy: TeraWatt San Francisco startup TeraWatt Infrastructure on Thursday announced it’s developing the first network of electric vehicle-charging centers for heavy-duty and med...
JPMorgan Chase gives early payday deposits to Secure Banking customers
Signage outside a Chase bank branch in San Francisco, California, on Monday, July 12, 2021. David Paul Morris | Bloomberg | Getty Images JPMorgan Chase is giving some customers early access to their d...
Goldman Sachs pivot from Marcus shows that disrupting retail banking is hard
David Solomon, Goldman Sachs, at Marcus event Goldman Sachs CEO David Solomon is reining in his ambition to make the 153-year-old investment bank a major player in U.S. consumer banking. After product...
Airline Stocks Have Struggled. Here Are a Few Highfliers.
Some airline stocks trade at five times projected earnings. Why so expensive, you might be wondering. The group’s reputation on capital preservation at the moment ranks somewhere between damaged and U...
Share Of Angel Funding For Female Startup CEOs Drops Despite Surge In Dollars In 2021
Share Of Angel Funding For Female Startup CEOs Drops Despite Surge In Dollars getty Angel-backed startups have more female CEOs (16.4%) than the Fortune 500 (8.8%) and the S&P 500 (6.4%). ThatR...
Sports And Entertainment Executives Launch Entity To Invest Up To $50 Million In Early-Stage Companies
TORONTO, ON – APRIL 20: James Harden #1 of the Philadelphia 76ers reacts in the first half of Game … [+] Three of the Eastern Conference First Round against the Toronto Raptors at Scotiaba...