Fly Ventures sets its eyes on technical founders with a fresh €80M fund

Fly Ventures, the Berlin-based VC that invests in seed-stage European startups within enterprise and deep tech, has launched its third fund at €80 million. The firm raised its last €53…

Why Marc Andreessen was ‘very scared’ after meeting with the Biden administration about AI

After famed investor Marc Andreessen met with government officials about the future of tech last May, he was “very scared” and described the meetings as “absolutely horrifying.” These meetings played…

Peter Thiel-backed venture debt firm Tacora raises $268.7M for new fund

Tacora Capital, a Texas firm that specializes in venture debt, has raised $268.7 million for its second fund, according to a new SEC filing. Tacora’s inaugural fund in 2022 raised…

A new disclosure shows, again, how badly Tiger’s ‘spray and pray’ fund performed

Tiger Global famously fueled the pandemic-era venture capital boom, investing heavily in a wide range of startups, setting up bidding wars for even the most unproven startup that led to…

Nonprofit 1863 Ventures has closed, reborn into for-profit New Majority Ventures

The nonprofit organization 1863 Ventures, which focused on providing capital and mentorship to early-staged underrepresented founders, will close and become a for-profit entity called New Majority Ventures, according to its…

Executive assistants, high salaries, and other ways early-stage founders will trigger a seed VC

VC Jenny Fielding (pictured above), co-founder of Everywhere Ventures and former Techstars managing director, was basically trolling on X when she posted, “Y’all have strong opinions about pre-seed founders who…

Jay-Z’s Marcy Venture Partners merges with investment arm of Pendulum Holdings

Jay-Z’s venture capital firm, Marcy Venture Partners, has merged with another Black-owned investment firm, Pendulum Holdings’ investment arm Pendulum Opportunities, to form MarcyPen Capital Partners, a MarcyPen spokesperson confirmed to…

Defiant is a new European VC firm that uses data and products to make better investments

Defiant is a new early-stage VC firm focused on B2B SaaS and fintech coming out of stealth Thursday. Joseph Pizzolato (pictured right) and Cam Rail (pictured left), the duo at…

Kalshi CEO admits enlisting influencers to dis Polymarket in a now-deleted podcast segment

Kalshi CEO Tarek Mansour confirmed on a podcast interview that his employees asked social media influencers to promote memes about the FBI’s raid on the home of his archrival, the…

Venture capitalists continue to play musical chairs

From Keith Rabois to Matt Miller, a lot of VCs have switched firms or spun out of storied VC institutions this year. These employment changes are surprising because unlike in…