Iconiq raises $5.15B toward seventh flagship fund

techcrunch.com Iconiq Capital has raised $5.15 billion across two funds associated with the seventh growth fund family, according to SEC filings. The firm, which launched in 2011 as a…

Climate tech investment roars back with an $8.1B start to 2024

techcrunch.com Climate tech startups raised $8.1 billion in the first quarter, near record amounts of money that suggest 2023’s quite close might have been little more than a blip than the…

Why Owner cofounder and CEO Adam Guild is serving up software especially for mom-and-pop restaurants

aol.com When I met Adam Guild, Owner CEO and cofounder, at San Mateo restaurant The Toss, it was immediately clear he’d been there before. “Our cofounder and CTO jokes that this is…

Walmart heir Lukas Walton’s Builders Vision puts S2G on a path to independence

techcrunch.com S2G Ventures is graduating today, so to speak. The climate tech investment firm has been living under Builders Vision, an umbrella organization for Walmart heir Lukas…

Morgan Stanley Chief Executive Leaves for Crypto

beincrypto.com Jeremy Huff, the former Chief Operating Officer (COO) of Morgan Stanley China, has transitioned into the crypto industry. He has joined No Limit Holdings (NLH), a…

What to know about the AI company Amazon is betting billions on

aol.com None Anthropic, backed by Big Tech players including Amazon, has emerged as a key AI player. • None The startup recently launched its suite of AI products, named Claude,…

Amazon-backed Anthropic launches iPhone app and business tier to compete with OpenAI's ChatGPT

cnbc.com Anthropic on Wednesday announced its first-ever enterprise offering and a free iPhone app. The generative artificial intelligence startup is the company behind Claude, one…

Biden gives cannabis industry a badly needed win

axios.com The U.S. Drug Enforcement Agency is recommending that cannabis be reclassified as a Schedule III drug, which would codify that it has medicinal value and is less dangerous…

Higher-paid employees looking for work are having a tough time, and it could be a sign of a shift in the workplace

businessinsider.com Nuthawut Somsuk/Getty This post originally appeared in the Insider Today newsletter. You can sign up for Business Insider's daily newsletter here. Hey there! Leave it to the…

AI Startups Are Suddenly In Huge Trouble

futurism.com "You can already see the writing on the wall." As the speculative bubble surrounding AI shows signs of bursting, the startups that banked on the tech — and their financiers…

Can this firm invest in only Black women? This case will decide

washingtonpost.com In the coming months, a panel on the U.S. Court of Appeals for the 11th Circuit in Florida will decide whether to block the Atlanta-based Fearless Fund from awarding $20,000…

Snapchat's Early Investor General Catalyst Plans To Raise $6B For Tech Startups In US, Europe And India Despite Funding Drought

benzinga.com In a surprising turn of events, venture capital firm General Catalyst, an early investor of companies like Snap Inc., Stripe and Mistral, is on the brink of raising nearly…

A longevity researcher is facing backlash for claiming to 'reverse aging.' Scientists say there's no consensus on what it means

businessinsider.com David Sinclair is embroiled in a debate within the longevity community on "reverse aging." Courtesy of Factory PR Harvard researcher Dr. David Sinclair is facing backlash in…

Big Tech and billionaires suddenly can’t resist the lure of South Florida

fortune.com Big Tech staffers may be swapping out their beloved Patagonia vests for sunglasses and shorts as the sector continues to migrate to warmer climes. Traditionally,, America’s…

Big Tech and billionaires suddenly can’t resist the lure of South Florida, and while New York can ‘afford to lose some Citadels, it has to learn the lesson’

aol.com Big Tech staffers may be swapping out their beloved Patagonia vests for sunglasses and shorts as the sector continues to migrate to warmer climes. Traditionally,, America's…

Private Credit Makes Money for Managers. For Their LPs? Not So Much

institutionalinvestor.com Private credit funds are lucrative for investment managers, but not for their limited partners, new research shows. The asset class du jour, which asset owners have been…

Nine crypto VCs on why Q1 investments were so hot and how it compares to previous bull market

techcrunch.com Nine crypto VCs on why Q1 investments were so hot and how it compares to previous bull market If the 2023 crypto venture landscape was an ice-cold pot of water, the first…

Palmer Luckey's start-up Anduril just proved it can challenge legacy defense contractors and win

businessinsider.com Anduril's founder, Palmer Luckey. Sportsfile/Getty Images Anduril has just been selected as one of two vendors for a major US air force contract. The 7-year-old start-up…

Microsoft-Backed Rubrik Shares Jump 25% After $752 Million IPO

finance.yahoo.com Rubrik Inc. shares jumped as much as 25% in its trading debut after the cloud and data security startup backed by Microsoft Corp. raised $752 million in its initial public…

Dear venture capitalists: You're blowing it

axios.com Editor's note: This piece first appeared in Dan's Pro Rata newsletter, which dives into the world of dealmaking. Subscribe here. Dear venture capitalists, I've been covering…

Regulators are forcing big tech to rethink its AI strategy

economist.com Trustbusters have big tech in their sights. On March 25th the European Commission opened a probe into Apple, Alphabet (Google’s parent company) and Meta (which is…

Tines taps $50M to expand its workflow automation beyond security teams

techcrunch.com Automation continues to be a major theme in the enterprise — underscored not least by the rise of AI as a tool to help fix some of the more routine, resource-intensive and…

OpenAI’s legal battles are not putting off customers

economist.com Pity OpenAI’s lawyers. On February 29th Elon Musk added yet another problem to their list by suing the maker of ChatGPT, a wildly popular artificial-intelligence (AI)…

The age of the unicorn is over

economist.com Business has never been better for America’s tech giants. After slumping in 2022, the combined market value of Alphabet, Amazon, Apple, Meta and Microsoft has surged by 70%,…

First Steven Mnuchin bought into NYCB, now he wants TikTok

economist.com Time served on Wall Street has long smoothed the path to the top job at America’s Treasury. Before he was the first treasury secretary Alexander Hamilton could boast, among…

Sources: AI search engine Perplexity is raising $250M+ at a $2.5B-$3B valuation with interest from previous backers NEA and IVP

techcrunch.com Perplexity, the AI search engine startup, is a hot property at the moment. TechCrunch has learned that the company is currently raising at least $250 million more at a…

Primary Venture Partners launches its DEI-focused Factor Fellowship

aol.com We don’t talk about diversity, equity, and inclusion, or DEI, as much as we used to. At least, that seems to be true from my vantage point—I definitely get fewer DEI pitches…