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The Startup and Venture Capital Trends Report
//////////////////////////////////////////////////////////// STARTUP AND VENTURE CAPITAL TRENDS AT THE UNIVERSITY OF CALIFORNIA, BERKELEY THE INAUGURAL REPORT ON UC BERKELEY’S STARTUP ECOSYSTEM PREPARED BY: PUBLISHED AUGUST 2018 TABLE OF CONTENTS //////////////////////////////////////////////////////////////////////////////////////////////// PART ONE INTRODUCTION 3 About The Report 4 Data, Methodology and Key Definitions 5 Ecosystem Overview ABOUT STARTUP@BERKELEYLAW PART TWO ECOSYSTEM TRENDS Startup@BerkeleyLaw is an initiative of the Berkeley Center for Law and Business (BCLB) in collaboration with the Berkeley 8 Key Sector Trends Center for Law and Technology. BCLB is Berkeley Law’s hub for rigorous, relevant, and empirically-based research, 10 Venture Capital education, and programming on the interrelationships of the 11 Small Business Innovation Research law and business. Areas of focus include venture capital and entrepreneurship, corporate social responsibility, capital (SBIR) Grants markets, and mergers and acquisitions. 13 Demographic Trends Startup@BerkeleyLaw serves as UC Berkeley’s primary platform for training entrepreneurs, investors, and students on the legal, financial, and operational issues confronting PART THREE CONCLUSION early stage companies. Current undergraduate and graduate students, post docs, staff, faculty, and alumni from across 15 Closing Remarks UC Berkeley attend training workshops and lectures aimed to 16 Contributors enable them to be successful entrepreneurs from the very start of their endeavors. ABOUT -
Meet the Husband-And-Wife Team That Run Angelpad, the Exclusive Startup Accelerator Whose Early Bet on Postmates Just Led to a $2.65 Billion Uber Acquisition
Meet the husband-and-wife team that run AngelPad, the exclusive startup accelerator whose early bet on Postmates just led to a $2.65 billion Uber acquisition Troy Wolverton Jul 21, 2020, 3:27 PM AngelPad was one of the earliest accelerators — companies that help founders get their startups up and running — and is still going strong a decade later. Although it's less well known than some of its peers, AngelPad has had repeated successes and just scored a big hit when Postmates, one of its earliest startups, agreed earlier this month to be acquired by Uber for $2.7 billion. Unlike other accelerators, AngelPad has largely stayed true to the original vision of its founders, Carine Magescas and Thomas Korte; they still run its programs and mentor its startups. Magescas and Korte still enjoy working with founders and helping build solid companies. When Gautam Narang and his cofounders were launching Gatik three years ago, they knew they wanted to jumpstart their autonomous vehicle startup by going through an accelerator program. They also knew just which one they wanted to join — AngelPad. Accelerator programs oer aspiring founders a way to turn their ideas into nascent businesses. Although there are many of them now, AngelPad was among the rst. And unlike some of its more well- known peers, such as 500 Startups and Y Combinator, AngelPad has stayed close to its roots and largely under the radar. It's still run by the same two people, and it still only accepts a small group of companies into each of its accelerator groups. -
Map of Funding Sources for EU XR Technologies
This project has received funding from the European Union’s Horizon 2020 Research and Innovation Programme under Grant Agreement N° 825545. XR4ALL (Grant Agreement 825545) “eXtended Reality for All” Coordination and Support Action D5.1: Map of funding sources for XR technologies Issued by: LucidWeb Issue date: 30/08/2019 Due date: 31/08/2019 Work Package Leader: Europe Unlimited Start date of project: 01 December 2018 Duration: 30 months Document History Version Date Changes 0.1 05/08/2019 First draft 0.2 26/08/2019 First version submitted for partners review 1.0 30/08/2019 Final version incorporating partners input Dissemination Level PU Public Restricted to other programme participants (including the EC PP Services) Restricted to a group specified by the consortium (including the EC RE Services) CO Confidential, only for members of the consortium (including the EC) This project has received funding from the European Union’s Horizon 2020 Research and Innovation Programme under Grant Agreement N° 825545. Main authors Name Organisation Leen Segers, Diana del Olmo LCWB Quality reviewers Name Organisation Youssef Sabbah, Tanja Baltus EUN Jacques Verly, Alain Gallez I3D LEGAL NOTICE The information and views set out in this report are those of the authors and do not necessarily reflect the official opinion of the European Union. Neither the European Union institutions and bodies nor any person acting on their behalf may be held responsible for the use which may be made of the information contained therein. © XR4ALL Consortium, 2019 Reproduction is authorised provided the source is acknowledged. D5.1 Map of funding sources for XR technologies - 30/08/2019 Page 1 Table of Contents INTRODUCTION ................................................................................................................ -
The SAFE, the KISS, and the Note: a Survey of Startup Seed Financing Contracts
Essay The SAFE, the KISS, and the Note: A Survey of Startup Seed Financing Contracts John F. Coyle† & Joseph M. Green†† INTRODUCTION Over the past decade, there has been an explosion in seed financing for early-stage technology startups.1 Increasingly, this seed financing is channeled to these companies via an entirely new form of investment contract—the deferred equity agree- ment.2 One version of this agreement—the Simple Agreement for Future Equity (SAFE)—made its debut in 2013. Another ver- sion—the Keep It Simple Security (KISS)—first appeared in 2014. While these instruments have attracted extensive atten- tion in the startup blogosphere, there exists remarkably little in- formation about the role they play in the real world.3 Nobody seems to know, for example, precisely who is using these new contracts. It is likewise unclear where exactly these agreements † Reef C. Ivey II Term Professor of Law, University of North Carolina at Chapel Hill. Copyright © John F. Coyle. †† Senior Legal Editor (Startups & Venture Capital), Thomson Reuters Practical Law. Thanks to Darian Ibrahim, Elizabeth Pollman, participants at the 2018 BYU Winter Deals Conference, and participants at the ABA Business Law Section 2018 Annual Meeting for their comments on an earlier draft of this Essay. Copyright © Joseph M. Green. 1. A seed financing is the initial round of capital raised by a startup com- pany, which typically uses those funds to begin the development of a prototype or alpha version of a product as it works to demonstrate proof of concept. 2. For a useful survey of the wide variety of instruments through which capital is funneled to startups, see Brad Bernthal, The Evolution of Entrepre- neurial Finance: A New Typology, 2018 BYU L. -
Private Equity & Venture Capital
VOLUME 14, ISSUE 6 ■ AUGUST 2018 PRIVATE EQUITY & VENTURE CAPITAL SPOTLIGHT THE RISE OF VENTURE AND IN THIS ISSUE GROWTH CAPITAL IN EUROPE €11bn in capital has already been secured by venture and growth capital funds focused on Europe that have closed this FEATURE 3 year; this is the highest figure seen at this stage in recent The Rise of Venture years. We put activity in the region under the microscope, examining the economic factors that have contributed to and Growth Capital in this. Europe Find out more on page 3 INDUSTRY NEWS 7 THE FACTS ■ Private Equity in the 9 PRIVATE EQUITY IN THE NORDIC Nordic Region REGION ■ Public Pension Funds 12 Investing in Private With the capital raised by managers based in the Nordic Equity region reaching record highs, we take a look at the growing private equity market in terms of fundraising activity, investor make-up and largest exits in the region. CONFERENCES 14 Find out more on page 9 RECENTLY RELEASED: THE 2018 PREQIN PRIVATE CAPITAL FUND TERMS THE 2018 PRIVATE CAPITAL All data in this newsletter ADVISOR can be downloaded to PREQIN FUND TERMS ADVISOR Excel for free Order Your Copy Download Sample Pages Sign up to Spotlight, our free monthly newsletter, providing insights into performance, investors, deals and fundraising, powered by Preqin data: Alt Credit Intelligence European and US Fund Services Awards: Best Data and Information Provider | Africa Global Funds Awards 2016: Best Research and Data Provider | The Queen’s SIGN UP Award for Enterprise: International Trade | HedgeWeek Global Awards: -
PETER THIEL Palantir Technologies; Thiel Foundation; Founders Fund; Paypal Co-Founder
Program on SCIENCE & DEMOCRACY Science, Technology & Society LECTURE SERIES 2015 HARVARD KENNEDY SCHOOL HARVARD UNIVERSITY PETER THIEL Palantir Technologies; Thiel Foundation; Founders Fund; PayPal co-founder BACK TO THE FUTURE Will we create enough new technology to sustain our society? WITH PANELISTS WEDNESDAY Antoine Picon Travelstead Professor, Harvard Graduate School of Design March 25, 2015 Margo Seltzer Harvard College Professor, School of Engineering and 5:00-7:00pm Applied Sciences Science Center Samuel Moyn Professor of Law and History, Harvard Law School Lecture Hall C 1 Oxford Street MODERATED BY Sheila Jasanoff Harvard University Pforzheimer Professor of Science and Technology Studies CO-SPONSORED BY Program on Harvard University Harvard School of Harvard University Center for the Engineering and Graduate School Science, Technology & Society Environment Applied Sciences of Design HARVARD KENNEDY SCHOOL HARVARD UNIVERSITY http://sts.hks.harvard.edu/ Program on SCIENCE & DEMOCRACY Science, Technology & Society LECTURE SERIES 2015 HARVARD KENNEDY SCHOOL HARVARD UNIVERSITY Peter Thiel is an entrepreneur and investor. He started PayPal in 1998, led it as CEO, and took it public in 2002, defining a new era of fast and secure online commerce. In 2004 he made the first outside investment in Facebook, where he serves as a director. The same year he launched Palantir Technologies, a software company that harnesses computers to empower human analysts in fields like national security and global finance. He has provided early funding for LinkedIn, Yelp, and dozens of successful technology startups, many run by former colleagues who have been dubbed the “PayPal Mafia.” He is a partner at Founders Fund, a Silicon Valley venture capital firm that has funded companies like SpaceX and Airbnb. -
FT PARTNERS RESEARCH 2 Fintech Meets Alternative Investments
FT PARTNERS FINTECH INDUSTRY RESEARCH Alternative Investments FinTech Meets Alternative Investments Innovation in a Burgeoning Asset Class March 2020 DRAFT ©2020 FinTech Meets Alternative Investments Alternative Investments FT Partners | Focused Exclusively on FinTech FT Partners’ Advisory Capabilities FT Partners’ FinTech Industry Research Private Capital Debt & Raising Equity Sell-Side / In-Depth Industry Capital Buy-Side Markets M&A Research Reports Advisory Capital Strategic Structuring / Consortium Efficiency Proprietary FinTech Building Advisory FT Services FINTECH Infographics Partners RESEARCH & Board of INSIGHTS Anti-Raid Advisory Directors / Advisory / Monthly FinTech Special Shareholder Committee Rights Plans Market Analysis Advisory Sell-Side Valuations / LBO Fairness FinTech M&A / Financing Advisory Opinion for M&A Restructuring Transaction Profiles and Divestitures Named Silicon Valley’s #1 FinTech Banker Ranked #1 Most Influential Person in all of Numerous Awards for Transaction (2016) and ranked #2 Overall by The FinTech in Institutional Investors “FinTech Excellence including Information Finance 40” “Deal of the Decade” • Financial Technology Partners ("FT Partners") was founded in 2001 and is the only investment banking firm focused exclusively on FinTech • FT Partners regularly publishes research highlighting the most important transactions, trends and insights impacting the global Financial Technology landscape. Our unique insight into FinTech is a direct result of executing hundreds of transactions in the sector combined with over 18 years of exclusive focus on Financial Technology FT PARTNERS RESEARCH 2 FinTech Meets Alternative Investments I. Executive Summary 5 II. Industry Overview and The Rise of Alternative Investments 8 i. An Introduction to Alternative Investments 9 ii. Trends Within the Alternative Investment Industry 23 III. Executive Interviews 53 IV. -
NVCA 2021 YEARBOOK Data Provided by Dear Readers
YEARBOOK Data provided by Credits & Contact National Venture Capital Association NVCA Board of Directors 2020-2021 (NVCA) EXECUTIVE COMMITTEE Washington, DC | San Francisco, CA nvca.org | [email protected] | 202-864-5920 BARRY EGGERS Lightspeed Venture Partners, Venture Forward Chair Washington, DC | San Francisco, CA MICHAEL BROWN Battery Ventures, Chair-Elect ventureforward.org | [email protected] JILL JARRETT Benchmark, Treasurer ANDY SCHWAB 5AM Ventures, Secretary BOBBY FRANKLIN President and CEO PATRICIA NAKACHE Trinity Ventures, At-Large JEFF FARRAH General Counsel EMILY MELTON Threshold Ventures, At-Large JUSTIN FIELD Senior Vice President of Government MOHAMAD MAKHZOUMI NEA, At-Large Affairs MARYAM HAQUE Executive Director, Venture AT-LARGE Forward MICHAEL CHOW Research Director, NVCA and PETER CHUNG Summit Partner Venture Forward DIANE DAYCH Granite Growth Health Partners STEPHANIE VOLK Vice President of Development BYRON DEETER Bessemer Venture Partners RHIANON ANDERSON Programs Director, Venture SCOTT DORSEY High Alpha Forward RYAN DRANT Questa Capital CHARLOTTE SAVERCOOL Senior Director of PATRICK ENRIGHT Longitude Capital Government Affairs STEVE FREDRICK Grotech Ventures MICHELE SOLOMON Director of Administration CHRIS GIRGENTI Pritzker Group Venture Capital DEVIN MILLER Manager of Communications and JOE HOROWITZ Icon Ventures Digital Strategy GEORGE HOYEM In-Q-Tel JASON VITA, Director of Programming and CHARLES HUDSON Precursor Ventures Industry Relations JILL JARRETT Benchmark JONAS MURPHY Manager of Government Affairs -
United States Venture Capital Review
United States Venture Capital Review FULL YEAR 2020 United States Venture Capital Full Year 2020 | United States Venture Capital Review United States Venture Capital Deals Intelligence Venture Capital Investment Activity in U.S. Companies $140 6000 UNITED STATES VENTURE CAPITAL INVESTMENTS REACHES $124.8 BILLION United States venture capital investments reached a record high of $124.8 billion from 5,084 transactions during full year 2020, a 16% increase by dollars despite a 4% downtick in numbers of $120 deals compared to a year ago. United States venture-stage investment during the fourth quarter alone 5000 totaled $30.6 billion from 1,208 deals, a 20% decrease compared to the third quarter of 2020 in terms of dollars. $100 4000 FOUR VENTURE INVESTMENTS OVER $1 BILLION COMPLETED Four venture-stage investments over $1 billion, totaling $8.4 billion, were secured in 2020. Rivian $80 Automotive, a manufacturer of electric vehicles, secured a $2.5 billion investment from a consortium 3000 of investors, leading all other venture investments in 2020. Waymo, a company that develops self- $60 driving vehicles, secured the second largest venture investment with $2.3 billion in capital. Also included was the $1.9 billion investment into SpaceX which produces space transport vehicles and 2000 the $1.8 billion investment into video game and software developer, Epic Games. $40 COMPUTER SOFTWARE & SERVICES LEADS ALL SECTOR BY DOLLARS INVESTED 1000 The Computer Software & Services sector led all other sectors by value with $50.3 billion invested in $20 more than 2,000 transactions during full year 2020, an increase of 23% in dollars compared to 2019. -
Private Placement Activity Chris Hastings | [email protected] | 917-621-3750 8/7/2017 – 8/11/2017 (Transactions in Excess of $15 Million) Commentary
Private Placement Activity Chris Hastings | [email protected] | 917-621-3750 8/7/2017 – 8/11/2017 (Transactions in excess of $15 million) Commentary . Iconectiv, a developer of telecommunications software and interconnection technology, raised $200 million — Francisco Partners led the deal. Information Resources, a provider of consulting and advisory services, raised $100 million. Investors include New Mountain Capital and Silver Canyon Group. Appboy, a developer of a life-cycle engagement platform, raised $50 million in Series D funding at a $350 million pre-money valuation — ICONIQ Capital led the round. Oryx Vision, a developer of next-generation automotive LiDAR technology, raised $50 million in Series B funding — Third Point Ventures and WRV led the round. Chef’d, a provider of an online food sales and delivery service, raised $35 million in Series B funding. Amplitude, a provider of a mobile and web-based analytics platform, raised $30 million in Series C funding — IVP led the round. Signals Analytics, a developer of an insights as a service augmented intelligence platform, raised $25 million in Series C funding — Pitango Venture Capital led the round. InContext Solutions, a developer of 3D virtual simulation technology, raised $22 million in Series F funding — Beringea and Intel Capital led the round. Stratford School, a provider of academic programs, raised $21 million. Investors include Warburg Pincus. Guideline, a provider of automated investment technology, raised $15 million in Series B funding at a $70 million pre-money valuation — Felicis Ventures led the round. Company Company Amount Date Investors Series Company Description / Comments Name Location Raised ($M) Information Technology Developer of telecommunications software and interconnection technology. -
2020 Philadelphia Venture Report
2020 PHILADELPHIA VENTURE REPORT Data provided by WE HELP BREAKTHROUGH IDEAS ACTUALLY BREAK THROUGH. We believe in the risk takers, the game-changers and the disruptors—those who committed to leveraging innovation to make the world a better place. Bridge Bank, founded in 2001 in Silicon Valley, serves small-market and middle-market businesses across many industries, as well as emerging technology and life sciences companies and the private equity community. Geared to serving both venture-backed and non-venture-backed companies across all stages of growth, Bridge Bank offers a broad scope of financial solutions including growth capital, equipment and working capital credit facilities, venture debt, treasury management, asset-based lending, SBA and commercial real estate loans, ESOP finance and full line of international products and services. To learn more about us, visit info.bridgebank.com/tech-innovation. Matt Klinger Brian McCabe Senior Director, Technology Banking Senior Director, Technology Banking [email protected] [email protected] (703) 547-8198 (703) 345-9307 Bridge Bank, a division of Western Alliance Bank. Member FDIC. *All offers of credit are subject to approval. Introduction 2020 was a watershed moment on so many fronts. The COVID-19 pandemic will forever change how we live, work, and interact. The killings of George Floyd, Breonna Taylor, Ahmaud Arbery, and countless others have brought focus and urgency to attacking racism, racial injustice, and the resulting inequities in our society. Philadelphia has always been a city fueled by passion and determination to challenge the status quo, think differently, invent, and push forward together. This report showcases the fruits of that passion in the form of capital raised to fuel innovation. -
Boston San Francisco Munich London
Internet & Digital Media Monthly August 2018 BOB LOCKWOOD JERRY DARKO Managing Director Senior Vice President +1.617.624.7010 +1.415.616.8002 [email protected] [email protected] BOSTON SAN FRANCISCO HARALD MAEHRLE LAURA MADDISON Managing Director Senior Vice President +49.892.323.7720 +44.203.798.5600 [email protected] [email protected] MUNICH LONDON INVESTMENT BANKING Raymond James & Associates, Inc. member New York Stock Exchange/SIPC. Internet & Digital Media Monthly TECHNOLOGY & SERVICES INVESTMENT BANKING GROUP OVERVIEW Deep & Experienced Tech Team Business Model Coverage Internet / Digital Media + More Than 75 Investment Banking Professionals Globally Software / SaaS + 11 Senior Equity Research Technology-Enabled Solutions Analysts Transaction Processing + 7 Equity Capital Markets Professionals Data / Information Services Systems | Semiconductors | Hardware + 8 Global Offices BPO / IT Services Extensive Transaction Experience Domain Coverage Vertical Coverage Accounting / Financial B2B + More than 160 M&A and private placement transactions with an Digital Media Communications aggregate deal value of exceeding $25 billion since 2012 E-Commerce Consumer HCM Education / Non-Profit + More than 100 public equities transactions raising more than Marketing Tech / Services Financial $10 billion since 2012 Supply Chain Real Estate . Internet Equity Research: Top-Ranked Research Team Covering 25+ Companies . Software / Other Equity Research: 4 Analysts Covering 40+ Companies RAYMOND JAMES / INVESTMENT BANKING OVERVIEW . Full-service firm with investment banking, equity research, institutional sales & trading and asset management – Founded in 1962; public since 1983 (NYSE: RJF) – $6.4 billion in FY 2017 revenue; equity market capitalization of approximately $14.0 billion – Stable and well-capitalized platform; over 110 consecutive quarters of profitability .