Venture Capital Industry News
A collection of Venture Capital latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
US midterm predictions latest: Democrats tipped to sweep Congress
The Democrats' chances of winning control of both the Senate and House of Representatives rose on the afternoon of midterm election day, according to live prediction market data. If borne out, the predictions would represent a major setback for…
A Practical Guide To Crowdfunding: What Every Entrepreneur Should Know
Nin Desai, Founder & CEO of NIN Ventures, a Crowdfunded Technology Venture Capital Firm. Merriam-Webster defines crowdfunding as “the practice of obtaining needed funding (as for a new business) by soliciting contributions from a…
HK brings global investors and businesses together as markets financing capacities remain strong: Paul Chan
At the 5th Global Financial Leaders' Investment Summit, Financial Secretary Paul Chan Mo-po maintained that the pivotal role of Hong Kong in the global market is to bring together both sides of the market—businesses and investors, lauding…
India's EloElo nabs $80M from NBCUniversal to bet on the country's rising microdrama market
More than 118 million users watch microdramas every month as the serialized format has taken off in India. EloElo's Story TV is one of the top apps for microdramas, with over 33 million active users, according to analysts. Banking on that scale…
Pershing Square May Grow Into Its High Valuation (NYSE:PS)
Pershing Square Inc. employs a permanent capital model. Its closed-end fund structures minimize outflows and do not require constant capital raising. Q3 saw fee-paying AUM rise 3.2% sequentially, boosting fee income 11.2% and pre-tax distributable…
OpenAI's hiring of former Army Secretary just 2 months after Pentagon resignation is part of a 'trend' of it pivoting resources to defense projects
OpenAI's hiring of a recently departed Pentagon official points to the frontier lab's growing interests in defense and expanding roster of former military officials in its ranks. OpenAI has hired former U.S. Army Secretary Dan Driscoll to the…
Elon Musk's record election bet backfired. The backlash may reach beyond one billionaire
Elon Musk spent at least $474 million on the 2026 elections, including $224 million in Texas, where Republican Senate nominee Ken Paxton and Gov. Greg Abbott lost to Democrats. The results leave Musk with fewer allies in Congress and could create…
NBCUniversal, MIT Investment join Indian microdrama firm's $80 million funding round
BENGALURU, Nov 4 (Reuters) – India's EloElo Group, the parent of microdrama platform Story TV, said on Wednesday that US entertainment group NBCUniversal and MIT Investment Co were among the investors backing its latest…
Former supermodel Kim Ja-yeon marries Samsung executive at 45
Former Korean supermodel Kim Ja-yeon has announced her marriage at 45 to senior Samsung executive Young Sohn, sharing the story of how their relationship blossomed from an academic connection into romance. Kim announced the news on social media on…
Hong Kong Summit Draws About 280 Finance Leaders Before Investor Forum
About 280 finance leaders attended Hong Kong's fifth Global Financial Leaders' Investment Summit, where sessions on markets and technology ended Tuesday ahead of a separate investor forum scheduled for Nov. 4. The Hong Kong Monetary Authority…
Scottish firm behind cardboard inhaler lands £2.2m as key milestone nears
The round was led by Edinburgh investment syndicate Archangels, with support from Scottish Enterprise and BBB Investments and provides another positive signal for Scotland's life sciences sector following some notable fundraising successes this…
She Built Her Career on Attention to Detail. Then She Became CEO
Rati Sahi Levesque was seven years old when she started helping at her parents' popular Indian American restaurant in San Francisco. She worked the cash register without a calculator, and she paid close attention to the details. “My dad…
Family killed in Florida plane crash was heading to the Bahamas for a birthday
The heartbreaking reason a tech entrepreneur was flying his wife, two young children, nanny and family friends to the Bahamas has been revealed. Adam Robinson, 45, chartered a Learjet 60 for the trip from Austin, Texas, to North Eleuthera in the…
Ridiculous Valuation And Vertical Chart: I Bought Palantir Anyway (NASDAQ:PLTR)
Palantir delivered exceptional revenue growth, accelerating to 96% YoY in the last quarter and 87% TTM, with robust 52% TTM unlevered FCF margins. PLTR's commercial sector revenue now exceeds government, but backlog (RPO) growth is decelerating…
'Sad and devastated': Canva's cuts hit its staff, and Australian tech overall
Dunja Popovs woke up on Wednesday to the news that she was one of the 22 per cent of design software maker Canva's workers losing their job. “Truthfully I am sad and devastated, but I'm also extremely grateful that I ever had the opportunity…
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