Posts filtered by tags: National Venture Capital Association[x]


 

Dear Sophie: Help! My H-1B wasn’t chosen!

Sophie Alcorn Contributor Share on Twitter Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” She connects people with the businesses and opportunities that expand their lives. More posts by this contributor Dear Sophie: What should I know about prenups and getting a green card thro...
Tags: TC, Column, California, Immigration, Los Angeles, Barack Obama, Tech, Diversity, Silicon Valley, Lawyers, Biden, National Venture Capital Association, H-1b Visa, Co, Trump, Sophie


How Tribe Capital's Arjun Sethi uses data, not feelings, to choose the startups his fund backs

Arjun Sethi, a cofounder of Tribe Capital. Courtesy of Arjun Sethi When Arjun Sethi was a founder, he thought the VC pitching process was wildly subjective and biased. So he cofounded Tribe Capital in 2018, which invests based on sophisticated data modeling. Tribe Capital's data created Insider's Seed 100 and Seed 25 lists of the best seed VCs. Founder pitch meetings have a lot in common with dating. Founders tell their life stories, their adversity, why their company means somethi...
Tags: Yahoo, Trends, Silicon Valley, National Venture Capital Association, Marc Andreessen, Chamath Palihapitiya, Tribe, Social Capital, Sethi, Carta, Venture, Keith Rabois, Arjun Sethi, Tech Insider, Tribe Capital, Margaux MacColl


For VC Hans Tung, the personal becomes public in a growing campaign to ‘stop Asian hate’

Longtime venture capitalist Hans Tung is a big guy. His size might just be lifesaving. A first-generation Taiwanese-American who came to the U.S. and to L.A. specifically in 1984, it was a fraught time for the then 14-year-old. Two years earlier, a 27-year-old, Chinese-American draftsman named Vincent Chin was beaten to death in Detroit by a Chrysler plant supervisor and his stepson, a laid-off autoworker, who reportedly believed that Chin was of Japanese descent and were angry over the growing ...
Tags: TC, Japan, New York, Nbc, California, China, Boston, San Francisco, Tech, Venture Capital, Chrysler, Oakland, Naacp, Detroit, Black Lives Matter, Lightspeed Venture Partners


Tech Trends for 2021 : Remote Working, Cloud and AI Boom, and a Booming Digital Services Gig Economy

Tech Trends for 2021: Remote Working, Cloud and AI Boom, and a Booming Digital Services Gig Economy 2020 was an unprecedented year on many fronts, primarily due to the outbreak of the 2019 novel coronavirus (COVID-19). As a result of the pandemic, economies around the world rippled, as did the way that people work and invest their time and money. Brick-and-mortar businesses shuttered their storefronts and companies that had never considered “going digital” as a part of their business plan ...
Tags: Facebook, Microsoft, Sales, Linkedin, Tech, United States, National Venture Capital Association, Google Apple, NVCA, Booming Digital Services Gig Economy, Fiverr Upwork


Extra Crunch roundup: Digital health VC survey, edtech M&A, deep tech marketing, more

I had my first telehealth consultation last year, and there’s a high probability that you did, too. Since the pandemic began, consumer adoption of remote healthcare has increased 300%. Speaking as an unvaccinated urban dweller: I’d rather speak to a nurse or doctor via my laptop than try to remain physically distanced on a bus or hailed ride traveling to/from their office. Even after things return to (rolls eyes) normal, if I thought there was a reliable way to receive high-quality healthcare in...
Tags: Health, Startups, TC, Facebook, Asia, Europe, Enterprise, Education, Privacy, Developer, Washington, Finance, US, San Francisco, Tech, Diversity


In 2020, VCs invested $428M into US-based startups every day

Despite a pandemic that sparked a global recession, 2020 was still a record year for venture capital investments into American startups. According to data shared by PitchBook and the National Venture Capital Association, investors poured $156.2 billion into domestic startups last year, or around $428 million for each day of the year. The huge sum of money, however, was itself dwarfed by the amount of liquidity that American startups generated, some $290.1 billion. The Exchange explores startups...
Tags: Startups, TC, US, Tech, Venture Capital, National Venture Capital Association, Exchange, Venture Captial, PitchBook, The Exchange


Researchers found a key reason certain people succeed while others fall behind, and it starts with learning from past mistakes

Success boils down to learning from past mistakes and continuing to incorporate those key insights into your future work. Kilito Chan/Getty Images People who build on their earlier attempts and failures are more likely to be successful in the long run, says Dashun Wang, an associate professor of management and organizations at the Kellogg School. Using three massive data sets about failures and successes, Wang and his colleagues developed a mathematical model to find out what separates the...
Tags: Trends, Harry Potter, Silicon Valley, Nih, National Venture Capital Association, Henry Ford, Thomas Edison, Ford Motor Company, Rowling, National Institutes of Health NIH, Wang, Kellogg School, Kellogg, Ford Edison, CSSI, James A Evans


United States: Venture Capital Investing: New NVCA Models, And New Challenges For Foreign Investors In Early-Stage U.S. Companies - Cleary Gottlieb Steen & Hamilton LLP

Between July 28, 2020 and September 1, 2020, the National Venture Capital Association (the "NVCA") released updates to its model legal documents for use in venture capital financing transactions.
Tags: News, United States, National Venture Capital Association, NVCA, Cleary Gottlieb Steen, Hamilton LLP


10 things in tech you need to know today

YouTube CEO Susan Wojcicki. Noam Galai/Getty Images Good morning! This is the tech news you need to know this Thursday. Sign up here to get this email in your inbox every morning. Have an Amazon Alexa device? Listen to this update by searching "Business Insider" in your flash briefing settings.YouTube will ban claims that coronavirus vaccines kill. The company has been slow to ban COVID-19 misinformation.Twitter banned two New York Post articles about Joe Biden's son Hunter. The firm took a...
Tags: Apple, Amazon, Facebook, New York Post, Trends, Joe Biden, Las Vegas, Weibo, National Venture Capital Association, Nordic, Hunter, PitchBook, Amazon Alexa, Tech Insider, Audrey Gelman, Elon Musk s Boring Co


Silicon Valley leaders say VCs that are now flocking to safer late-stage investments rather than early startups could shrink their future pipeline of growth companies to back

VC experts talked about how COVID-19 is changing the venture capital industry on Wednesday in an online panel discussion hosted by PitchBook and the National Venture Capital Association. The economic fallout of the coronavirus pandemic has led firms to put less money into small, risky startups, and direct more towards established, stable companies. Such strategies run the risk of eventually drying up the pipeline of new ideas that VC firms at every stage of the funding process rely on. But it ...
Tags: Trends, Silicon Valley, Silicon Valley Bank, National Venture Capital Association, PitchBook, Stanfill, Goldstein, Matthew Lee, Jennifer Friel Goldstein, Cameron Stanfill


Bio Roundup: Moderna Publishes, Life Science Cash, AdComm Votes & More

If it seems like biotech investments have defied the financial headwinds of the pandemic, maybe it’s because they have. In the second quarter, 16 of the top 25 largest early-stage venture capital deals were investments in life science companies.The figures come from the National Venture Capital Association and financial research firm Pitchbook. This week they released their quarterly analysis of dealmaking, which shows that the tally of big biotech transactions tops the second quarter of 2019 w...
Tags: Deals, Startups, Cancer, Hiv, Trends, Investing, Merck, Infectious Diseases, Ovarian Cancer, National, Novartis, Vaccine, Immunotherapy, Biotech, Liver disease, Chemotherapy


8 Black investors discuss the intersection of race, tech and funding

Since the killing of George Floyd at the hands of four police officers heightened awareness about racial justice, the experiences of Black people in tech — and the industry’s lack of racial diversity — are getting new attention. In the tech ecosystem at large, the industry is still predominantly white and male, and venture capital is no different. Just 3% of investment partners are Black, according to a 2018 survey from by the National Venture Capital Association and Deloitte. Meanwhile, more th...
Tags: Startups, TC, Diversity, Harvard, Racism, Venture Capital, Deloitte, Black, National Venture Capital Association, Burns, Brian Brackeen, Charles Hudson, Techcrunch Include, Arlan Hamilton, Sarah Kunst, Kimberly White Getty


This fund manager thinks $35 trillion worth of global assets are underperforming thanks to the investment industry's lack of diversity. He's got a plan to turn that around.

The investment and venture capital industries have provided few opportunities to entrepreneurs or investors who are women or people of color. Daryn Dodson has a theory about how to change the industry and make it more inclusive. Dodson has formed an investment company called Illumen Capital that backs venture and other investment funds; as part of its investments, Illumen gets fund managers to sign agreements to work with it to promote diversity. The firm also works with its own investors to h...
Tags: Minneapolis, US, Trends, Silicon Valley, Deloitte, Knight Foundation, National Venture Capital Association, Floyd, Dodson, Montgomery Alabama, Boston Consulting Group, Troy Wolverton, Federal Credit Union, Illumen, Daryn Dodson, Illumen Capital


Who’s writing first checks into startups?

Over the past two decades, the venture capital industry has exploded beyond anyone’s wildest imaginations. What began as a sleepy industry in Boston and Menlo Park has now expanded to dozens of cities the world over. The National Venture Capital Association estimates that VCs deployed more than $130 billion in 2018 and 2019, and thousands of new investors have joined the ranks in recent years to find the next great startups. All that activity though poses a dilemma for founders: Who actively wri...
Tags: Fundings & Exits, Startups, Entrepreneurship, Boston, Funding, Tech, Venture Capital, National Venture Capital Association, Menlo Park, Black Latinx, The TechCrunch List


The moment might be right for the venture capital industry to finally address its lack of racial diversity — but only if it learns the right lessons from the #MeToo movement, advocates say

The ongoing protests over police brutality and systemic racism have led to scrutiny in Silicon Valley over its poor track record on racial diversity, particularly in the venture industry. Many in and around the industry see parallels to the #MeToo movement and spotlight it shone on gender discrimination in the tech and venture businesses. While many advocates for Black investors and founders think there are lessons to be learned from that movement but say the movement for racial equality in th...
Tags: Stanford, America, San Francisco, Trends, Shervin Pishevar, Silicon Valley, Ellen Pao, Deloitte, Andreessen Horowitz, Sykes, Hudson, Black, Kleiner Perkins, National Venture Capital Association, Dave Mcclure, Valley


Venture firms can do 2 simple things today to promote greater diversity, says a cofounder of the industry-leading organization for Black investors

The ongoing Black Lives Matter protests have put a spotlight on systemic racism around the nation, including in the venture capital industry. Just 3% of venture partners and only 1% of venture-backed startup founders are Black. Venture firms can start to become more inclusive by taking two fairly simple steps, said Sydney Sykes, a cofounder of BLCK VC, an organization focused on promoting diversity in the industry. Firms can put diversity top-of-mind in everything they do, and they can start m...
Tags: Softbank, Trends, Silicon Valley, Deloitte, Andreessen Horowitz, Black Lives Matter, Sykes, National Venture Capital Association, Troy Wolverton, Andreeseen Horowitz, Sydney Sykes, George Floyd, Black Venture, People of Color Black, New Enterprise Associates Firms


As the venture industry is under pressure to address its lack of racial diversity, the #MeToo moment offers both lessons and a cautionary tale, advocates say

The ongoing protests over police brutality and systemic racism have led to scrutiny in Silicon Valley over its poor track record on racial diversity, particularly in the venture industry. Many in and around the industry see parallels to the #MeToo movement and spotlight it shone on gender discrimination in the tech and venture businesses. While many advocates for Black investors and founders think there are lessons to be learned from that movement but say the movement for racial equality in th...
Tags: Stanford, America, San Francisco, Trends, Shervin Pishevar, Silicon Valley, Ellen Pao, Deloitte, Andreessen Horowitz, Sykes, Hudson, Black, Kleiner Perkins, National Venture Capital Association, Dave Mcclure, Valley


A diversity consultant says real change may hit the tech industry due to the George Floyd protests and the coronavirus crisis. Silicon Valley hasn't changed much after past scrutiny, but this time could be different.

Silicon Valley has long had a diversity problem, but in the past the industry has largely been able to evade addressing it. But a combination of the coronavirus crisis and the protests over the death of George Floyd have led to a new moment in the Valley where it may be finally forced to contend with its own legacy of systemic racism, said Y-Vonne Hutchinson, CEO of ReadySet and an expert on inclusion and diversity issues. People inside and outside tech companies are no longer as enthralled wi...
Tags: Apple, Amazon, Facebook, Mark Zuckerberg, Microsoft, Youtube, Softbank, US, Trends, Silicon Valley, Deloitte, Andreessen Horowitz, Jesse Jackson, National Venture Capital Association, Bay Area, Trump


Silicon Valley billionaires are lining up to condemn racism. But the tech and VC industry has a shameful, decades-long history of ignoring and perpetuating inequality. (AAPL, CRM, GOOG, FB, NFLX, INTC)

In memos to employees and public social media posts, Silicon Valley leaders voiced support for the call for social justice in the wake of the death of George Floyd in Minneapolis. But their expressed concern for systemic mistreatment of blacks by police stands in contrast to the relatively little they've done to address endemic inequality in their own industry. More than 20 years after the Rev. Jesse Jackson called out Silicon Valley for having few blacks and Latinos among its employees, execu...
Tags: Apple, Elon Musk, Minneapolis, Trends, Intel, Tim Cook, Venture Capital, Silicon Valley, Deloitte, Ben Horowitz, Andreessen Horowitz, Jackson, Jesse Jackson, Sundar Pichai, Kleiner Perkins, National Venture Capital Association


These far-flung US regions could become the next big startup hubs as techies abandon Silicon Valley and embrace remote work

The COVID crisis has forced tech companies to embrace remote work, and many have come to realize their employees can be just as productive working out of the office as in it. Some are now planning to allow much of their workforce to continue work remotely after the crisis passes; companies could save money if employees work in less costly areas of the country than traditional tech hubs. Facebook plans to support employees working far from its Silicon Valley headquarters, setting up regional hu...
Tags: Amazon, Facebook, Mark Zuckerberg, New York, Texas, Microsoft, Colorado, Navy, California, Boston, Massachusetts, US, Trends, Startup, Pennsylvania, Comcast


We'll never see another $100 billion technology Vision Fund — from SoftBank or anyone else (UBER)

SoftBank's Vision Fund may be the first — and last — $100 billion investment vehicle. SoftBank CEO Masayoshi Son planned for it to be the first of a succession of gigantic funds, but it performance to date has been poor; it lost $10 billion in value in the March quarter of this year alone and is now worth less than what backers invested in it. The fund's poor performance has highlighted the flaws inherent in trying to invest $100 billion in startup companies in little more than three years. No...
Tags: Apple, Google, Amazon, Facebook, Softbank, US, Trends, Alibaba, Jesus, University of Pennsylvania, Jack Ma, Yahoo Japan, Matt Murphy, National Venture Capital Association, Sapphire Ventures, Northwestern University


'Super angel' Sarah Kunst says VCs are still sitting on piles of money, but 'the question is getting them to unlock it for you'

Sarah Kunst, a sole general partner at Cleo Capital, appeared on the podcast 20VC to chat with its host Harry Stebbings, and explain how venture capitalists will parse out funding deals.  Kunst argues that because venture funds have a longer and less-regulated window to allocate capital, they aren't under tight constraints that would force other institutions to take quicker actions or shut down.  That being said, Kunst also acknowledged that the anxiety caused by the coronavirus and shelter-in...
Tags: US, Trends, Silicon Valley, Sequoia Capital, National Venture Capital Association, Kunst, Harry Stebbings, Stebbings, Sarah Kunst, Cleo Capital


Some companies may stall their startup investing in the recession, but insiders say separate corporate venture arms will still deploy their cash troves to back hot prospects

Corporations usually invest in startups through one of two ways: They create a separate corporate venture capital arm, and raise funds earmarked for investment. Or, the corporation invests directly from its own accounts. Insiders expect a drop-off in investing from the second type of corporate venture capital, because those companies will wait to see how their core businesses fare in the current downturn.  "In difficult times, corporate VCs, I think, often look at it as if it was a discretiona...
Tags: Stanford, Trends, Tech, Intel, TOMS, Intel Capital, National Venture Capital Association, Brooks, Google Amazon, PitchBook, Fast, Wendell Brooks, Intel Capital Visit Business Insider, Kyle Stanford


Bio Roundup: Fast FDA Approvals, Biogen Delays, ORIC’s IPO & More

COVID-19’s spread has clamped down on a lot of economic activity, including the work of developing and testing new medicines. But the FDA isn’t showing signs of slowing down, at least when it comes to drugs filed for accelerated approval. The regulator signed off on three such drugs in the past week.These approvals are for cancers that have few, if any, treatment options. The FDA says it is committed to expediting the review of such drugs, even under COVID conditions. But can the agency keep up...
Tags: Startups, Ipo, Politico, Cancer, Trends, Vc, Alzheimer's Disease, Venture Capital, World Health Organization, Fda, National, Novartis, Biotech, Vaccines, Financing, National Venture Capital Association


Life Science a VC Bright Spot in Q1, But Startups May Soon Struggle

Even as the novel coronavirus has derailed daily life and business operations, the life sciences sector continues to see companies make public debuts and ink both financing and partnership deals.In venture capital, US deal activity in the first quarter tallied 2,300 financings totaling $34.2 billion, according to the latest report by the National Venture Capital Association, which uses data from PitchBook. That’s roughly on track to match the total raised in the past two years, both record-sett...
Tags: Deals, Startups, US, Trends, Investing, IPOs, Vc, Venture Capital, National, Biotech, Investor, National Venture Capital Association, Life Sciences, Acquisitions, PitchBook, National blog main


VC Firms Raised $21 Billion Last Quarter Despite Pandemic Chaos

The spreading coronavirus pandemic has slammed tech startups, forcing dozens to shed thousands of jobs. But so far, the venture capitalists that fund them appear to be doing alright, according to a new report -- though some funds are faring better than others. From a report: In the first quarter of this year, 62 venture capital funds raised a total of $21 billion in the U.S., according to data gathered by PitchBook and the National Venture Capital Association. That cash puts them in a strong pos...
Tags: Tech, National Venture Capital Association, NVCA, PitchBook


Silicon Valley startups may get to tap into the $350 billion coronavirus small-business loan program after all, thanks to late rule changes by regulators

Some startups may get loans from the $350 billion Small Business Administration program created by the new stimulus package.  Late last week and over the weekend, the SBA and Treasury Department issued some rules and guidance that seem to make it easier for startups to apply and qualify for the aid. The vast majority of startups have fewer than 500 employees and so would be considered small businesses, but the SBA's rules concerning the ties companies have to their investors and their investor...
Tags: Congress, US, Trends, Beverly Hills, Silicon Valley, Jeff Bezos, National Venture Capital Association, Field, Trump, Treasury Department, Small Business Administration, SBA, NVCA, Justin Field, Silicon Valley Field


Flagship Adds $1.1B for New Meds, More AI, & “Health Security”

Flagship Pioneering founder and CEO Noubar Afeyan didn’t know a global pandemic was in the cards for 2020 when he and his team laid out three new thematic areas of focus for the company last fall.One proved eerily prescient: The notion of “health security,” or the development of new products and therapies to treat health concerns before they arise or escalate. On Thursday the Cambridge, MA-based venture capital firm, best known for starting and spinning out biotechs, announced it had added $1.1...
Tags: Startups, Funding, Trends, Investment, Venture Capital, Machine Learning, National, Ai, Biotech, Financing, National Venture Capital Association, Illumina, Life Sciences, Clinical Trials, ARCH Venture Partners, Cambridge MA


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 banks invest cash could be a lifeline for venture funds. That’s the position that the National Venture Capital Association is taking on the issue sent to the chairs of the Fede...
Tags: TC, Money, Congress, Finance, Virginia, Softbank, Tech, Georgia, Investment, Banking, Economy, New Hampshire, Venture Capital, Wisconsin, Ohio, Private Equity


The $2 trillion stimulus law could leave startups out in the cold. Here's why Silicon Valley is worried.

While the new coronavirus-spurred stimulus law offers help to all kinds of companies, startups may be barred from tapping into one of its more generous provisions. The law sets aside some $350 billion for loans to small businesses — companies with 500 or fewer employees — that come with low interest and the prospect of forgiveness for companies that maintain their workforces. The vast majority of startups would seem to qualify for the loans, because they have fewer than 500 employees. But they...
Tags: Congress, Washington, Softbank, Trends, Beverly Hills, Silicon Valley, Jeff Bezos, National Venture Capital Association, Trump, Small Business Administration, SBA, NVCA, TechNet, Justin Field, Natalie McLaughlin