Benchmark just funded Chainalysis, the crypto intelligence company that helped crack the Mt. Gox caseWhen the virtual currency exchange Mt. Gox collapsed into bankruptcy in 2014 following the disappearance of hundreds of thousands of bitcoins and tens of millions of dollars, those who lost money were understandably furious. For a small group of people, however, the theft — likely masterminded, we now know, by a Russian cybercrime suspect who was arrested in Greece this past summer — would prove auspicious. [ Tech Crunch ] Tech journalist and Pando founder Sarah Lacy raises $1.4 million to launch a new startup for working moms
27-Year-Old Set to Bring Asia’s Bazaars to Your Phone
Spotify's public market debut is on par with the largest VC-backed IPOs of the decadeSpotify began its first day of trading as a public company at $165.90, up from the NYSE's estimated price of $132 per share set on Monday. Initial trades gave the music streaming company a $30 billion market cap, though it closed its first trading day with a $26.5 billion market cap on shares that closed at $149.01 apiece. The music streaming giant's ferocious debut was the second largest this decade for a formerly venture capital-backed company. Indeed, it trails
only Facebook, which hit the public markets in 2012. Exclusive: FourSquare’s President Starts New Early-Stage VentureSteven Rosenblatt, FourSquare’s president, is going back to early-stage startups. In February, Term Sheet reported that Rosenblatt would leave his role at the location technology company to launch his own venture. Now, he’s partnered with Facebook’s former director of sales Joshua Rahm and recruiting veteran Glenn Handler to launch Oceans. [ Fortune ] Steve Jurvetson appears to be starting his own venture capital firmSteve Jurvetson, the prominent venture capitalist who left DFJ in a messy split late last year, appears to be starting his own firm, Recode has learned. Jurvetson is listed as the founder of a soon-to-launch fund called Future Ventures, according to the firm’s website. “At Future Ventures, we support passionate founders who are forging the future. For the past 23 years, we have backed the visionaries who push the boundaries of possibility and explore the frontier of the unknown,” the website says. “We focus on disruptive technology such as commercial space exploration, deep learning, quantum computing, robotics, AI, blockchain, and sustainable transportation, synthetic biology and clean meat.” [ Re/Code ] Domo, the once secretive $2 billion software company led by Josh James, is moving to go publicThe business software company Domo, last valued at over $2 billion, is moving to go public, Recodehas learned. Domo last week held its “organizational meeting,” which generally serves as the formal kickoff in advance of an IPO filing with the Securities and Exchange Commission, according to sources. The company is pursuing a confidential filing with the SEC; it isn’t clear if the company has already filed or instead will do so within the next few weeks. [ Re/code ] The 2018 Midas List Shows Off The Growing Power Of Chinese StartupsThe 2018 Midas Brink List: Meet Venture Capital's Up-And-ComersFFCON18 Debate: How Blockchain and ICOs are changing the Venture Funding Landscape?Gen Y-focused financial advisory firm Wealth Enhancers launches e-learning course to help millennials with moneyThe Sharing Economy Scoots Into 2018Carlos Trenchs (Director, dayOne) @ Startup Grind BCNFor our 50th event, we were glad to chat with Carlos Trenchs, Director at dayOne, banking division at CaixaBank focused on technology companies and its investors. Previously, he was Managing Director of Caixa Capital Risc, the venture capital division of the "la Caixa" group & VC with most venture deals in Spain up to today. The VC future in 2017FLOODGATE's Mike Maples, BCG Digital Ventures' Jeff Schumacher, Lightspeed's Nicole Quinn and Forbes' Alex Konrad at Collision Conf 2017. Coinbase adds venture capital armRedpoint Poaches Uber's Annie Kadavy To Be Venture Firm's First Female PartnerPinduoduo: The $1.5B Startup Challenging E-Commerce Giant Alibaba In China's Towns And VillagesVCs are betting $15M on Instagram-worthy experiencesQ1 2018 Global Investment Report: Late-Stage Deal-Making Pushes Worldwide VC To New Heights Travis Kalanick joins board of StyleSeat, a beauty startup |