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.
PayPal Pauses Venture Capital Portfolio Sale After Lowball Offers
The investments in PayPal's portfolio include shopping app Tabby and crypto platform Anchorage, and the company's attempt to sell the portfolio followed its decision earlier this year to wind down its venture capital arm, according to the report.
He waited nearly 20 years to start a company. Now he's the cofounder of a double unicorn.
Earlier this month, the AI hacking startup Horizon3 achieved a rare milestone: a $250 million funding round pushed its market valuation above $2 billion, making it a so-called double unicorn. CEO Snehal Antani said he spent nearly two decades…
The 'Warsh Vs. The White House' Trade (NYSEARCA:SPY)
The US President has demanded that the Fed slash interest rates or face a total trade cutoff with countries with which the which the US has a trade deficit. A premature Fed rate cut under political pressure risks a bond market meltdown and loss of…
Trump's state capitalism comes to the oil industry with his unprecedented Venezuela deal
President Donald Trump's Venezuela oil deal gives the Pentagon an equity stake in North America Blue Energy Partners. NABEP has received concessions to 65 billion barrels of proved reserves, which would make it the second-largest oil company in the…
AI companies dump $265M into midterms as data center backlash heats up
Earlier this week, President Donald Trump wandered into the data center debate, making life considerably tougher for Republican colleagues facing tight races in the November midterms. “The only reason that communities throughout the U.S.A.
This enhanced geothermal project aims to unlock gigawatts of power to fuel the data center boom
Fervo Energy's Cape Station project in Milford, Utah, is on pace to send power to the grid next month. This would make it the first enhanced geothermal system in the U.S. to reach commercial operation. Fervo, which had its public markets debut in…
Scots are optimistic about living longer, but do they financial plans to match?
New research from RBC Wealth Management's Longevity Report, which surveyed 45 to 75 year olds with at least £2,000 in assets across the UK, makes that abundantly clear. The findings paint a vivid picture of how people in Scotland are…
OpenReserve Secures OCC Nod for Full-Service National Bank Charter
The Office of the Comptroller of the Currency has granted preliminary conditional approval to OpenReserve Bank, N.A. for a de novo full-service national bank charter in Salt Lake City, Utah. It is a significant regulatory milestone, though one that…
A Viral AI Bot Just Showed Travel What Frictionless Actually Means
Instinct differentiates itself by executing travel tasks end-to-end—booking, rebooking, applying credits, monitoring fares, and preserving seat assignments—through simple text or voice, whereas most AI agents stop short at the final…
Mussafer Gift Pushes 1834 Ventures Near $20M in New Orleans
A commitment from David Mussafer, chairman emeritus and managing partner of Advent International, has pushed 1834 Ventures to more than 95% of its $20 million fundraising target, moving the New Orleans-based venture capital firm to the doorstep of…
Trump's Oil Deal Is the Monroe Doctrine With a Term Sheet: 100-Year Rights and Beijing Locked Out
When President Trump announced a major government investment in Venezuelan oil fields on August 28, it was and was not a shock. Ever since the raid that removed Nicolas Maduro from office (see Venezuela Promises to Be a Geopolitical Game Changer If…
Cyprus Business Now: startups, retail, Keravnos, Geely, AI strategy, BoC, CSE
33East said Piney's progress demonstrated what could happen when a founder used Cyprus as a proving ground before taking a business into international markets, highlighting the company's expansion across five European markets before its recent…
Neostellar Capital (NASDAQ:NSLR) Director Sells 5,085 Shares of Stock
Neostellar Capital (NASDAQ:NSLR - Get Free Report) Director Ronald Lott sold 5,085 shares of the stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $9.96, for a total transaction of $50,646.60. Following…
The self-made intern: Why Gen Zs are self-sourcing internships in the US
SINGAPORE – It took around 300 e-mails to more than 100 companies in the United States for Singaporean Jayce Lye, 25, to land his first self-sourced internship. This was at Maihem, a Y Combinator-backed software company headquartered in San…
B. Metzler seel. Sohn & Co. AG Purchases 22,356 Shares of PayPal Holdings, Inc. $PYPL
B. Metzler seel. Sohn & Co. AG grew its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 51.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned…
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