VCs

R&D firm Merkle, which sold Farcaster, says it plans to repay VCs the $180M they invested in the social media project, and says Farcaster is not shutting down

R&D firm Merkle, which sold Farcaster, says it plans to repay VCs the $180M they invested in the social media project, and says Farcaster is not shutting down

The software firm behind a crypto-oriented social-media platform plans to repay venture capitalists the $180 million …

VCs say some AI startups, under pressure to show rapid ARR growth, are using questionable accounting practices like counting one-time deals as recurring revenue

Allie Garfinkle / Fortune :

The One Big Beautiful Bill Act expands Qualified Small Business Stock benefits for VCs, founders, and startup staff, raising tax-free gains from $10M to $15M

The wealthy will likely see a host of new tax breaks in President Donald Trump's “big beautiful bill,” along with permanent extensions …

Trump's tax bill expands Qualified Small Business Stock benefits for VCs, founders, startup staff, including increasing maximum tax-free gains from $10M to $15M

Ben Steverman / Bloomberg :

PitchBook: US startups raised $209B in 2024, up ~33% from 2023; AI startups raised $97B, the largest portion on record; VCs raised $76.1B, the lowest since 2019

Sarah McBride / Bloomberg :

A group of VCs, including Reid Hoffman and Ron Conway, hosted a “VCs for Kamala” Zoom call to support Harris' campaign with up to 600 attendees, raising $150K

It started with a “rage tweet.”  —  “Gonna start ‘VCs for Democracy,’” Leslie Feinzaig, founder and general partner at Graham & Walker, wrote on X in late July.

PitchBook: VCs raised $30.4B globally in Q1 2024, a marked slowdown from 2023, which itself was the worst year since 2016, noting the end of the “megafunds” era

Data shows a ‘sustained slowdown’ has persisted in the first quarter of 2024 as a lack of exit options weighs on fundraising efforts

Pavel Durov says Telegram has 900M users, aims “to become profitable next year, if not this year”, was “offered $30B+ valuations” by VCs, and is weighing an IPO

In rare interview, Pavel Durov says secretive messaging app is making ‘hundreds of millions of dollars’ from ads business

How tech workers, spurred by geopolitical threats, are embracing battlefield tech; PitchBook: VCs invested $108B in defense tech companies between 2021 and 2023