Venture Capital News Roundup

  • Aaaand the prize for breaking the IPO freeze goes to… Last week, we featured an article on the non-existent tech IPO market. Well, things have changed since then – now let’s hope SecureWorks’ NASDAQ listing is a start to a trend, rather than an exception. Link
     
  • Hunting for the best deals. As a seed stage fund, we are focused on sourcing the best early-stage deals. Here are some insights into how to spot the best new ideas in technology. By Saku Panditharatne (@sknthla). Link
  • Yes, I’d like an Amy (or an Andrew). NYC-based X.ai just raised 23M in funding to make their AI-powered personal assistant smarter, with a plan to launch this fall. Who couldn’t use a personable robot to schedule meetings? By Ken Yeung (@thekenyeung). Link
     
  • What if Disruption Theory is wrong? Here’s how companies like Apple and Tesla turn the 1997 premise of disruptive innovation upside down, almost literally, by going after the top end of the market first. By Ben Thompson (@benthompson). Link
     
  • A more diversified approach to seed-stage VC. Crowdfunder’s diversified approach to VC investing looks promising – their current fund is aiming to invest in up to 300 deals. The jury is still out on whether this will result in better return to investors. By Deborah Cage (@deborahgage). Link
     
  • WeWork’s business model for co-living? We didn’t really see this one coming, but could see young professionals digging shared living space with free yoga included. By Hilary Brueck (@hilarx). Link
     
  • Investing in VC since 1976. That’s the Yale University endowment, one of the earliest higher ed VC investors. We were curious to see how they’re doing, and the results are impressive to say the least. By Dawn Lim (@dawnmlim). Link
  • OK, now let’s get back to work. Mutual funds’ markdowns of their startup investments had many folks riled up. Here’s some common sense advice from Sam Altman – stop worrying so much and build your company. By Biz Carson (@bizcarson). Link
     
  • What does the face of Silicon Valley look like? Loving the “Techies” project by Helena Price (@helena), showcasing vibrant stories of Silicon Valley employees that don’t conform to the conventional hoodie-donning image. How about a similar project in Silicon Alley, Helena? Link
     
  • “Unusual and interesting story.” We sure agree – CIA’s VC arm has funded a skincare company, Skincential Sciences. We’ll just have to indulge ourselves in their skin resurfacing products while we wait to see where this mysterious relationship will go. By Lee Fang (@lhfang). Link