Category: Business
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Early stage startups in New York continued to slog through the downturn in Q3. Average seed round size fell 16% from Q2, according to a new report from Primary Venture Partners. It’s Not the Summer Slump The funding market is highly seasonal. There are two big fundraising seasons — spring…
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+ Entrepreneur, Finance, Investing, Money, New York, New York City, NYC, Small Business, Startups, Tech, Venture Capital+
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Venture funding continued to fall in Q3, according to a new report from Pitchbook. VC funding was down 63% from the peak 2 years before, with just $73 billion closing in the latest quarter. It’s Bad, And It’s Getting Worse Funding fell even from Q2’s low level. Q3 funding was…
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Hedge fund Pelham Capital is in hot water. The London-based giant has lost almost 80% of its assets after years of poor returns. From a report out overnight in The Financial Times: Pelham Capital, once one of the biggest names in London’s equity hedge fund sector, has lost more than…
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How did I break into investing with no experience and no network? How can new angel investors get started? I dug into these topics and more in a new interview with the team at PIN. Here are a few of my favorite moments… How I Became an Angel I learned…
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+ Angel Investing, Finance, Interviews, Investing, Money, Silicon Valley, Startups, Tech, Venture Capital+
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Let’s say you work construction. You lay down the pipes, then your co-worker pours the concrete. Oops – the pipes are in the wrong place. Now what? You have to waste a whole day jackhammering all that concrete out, then start over. But there’s a way to avoid mistakes like…
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+ AR, Augmented Reality, Construction, Finance, Investing, Money, SaaS, Silicon Valley, Startups, Tech, Venture Capital+
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“In early 2000 when the market melted down, we had seven months of runway left and no revenue.” Roelof Botha That’s Roelof Botha, Senior Steward of Sequoia Capital. In a revealing new interview with Bloomberg, Botha digs into the toughest times at Paypal and why great companies are built in…
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+ Finance, Investing, Money, Paypal, Silicon Valley, Startups, Stock Market, Stocks, Tech, Venture Capital+
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“‘It got to the point where I literally got sick to my stomach,’ she recalls. ‘Every day I got home and would think to myself, I helped set someone up for failure.’” The Greatest Trade Ever Karen Waheed, who worked at New Century Financial, was becoming increasingly worried about the…
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“On the screen before her was a figure she had never seen before, at least not on an ATM…$45 million, newly deposited in their joint account. It was Pellegrini’s bonus for the year….” Paolo Pellegrini’s wife Henrietta could hardly believe their good fortune. A few short years ago, Paolo had…
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+ Billionaires, Finance, Hedge funds, Investing, Money, Reading, Real estate, Stock Market, Stocks, Wall street+
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“I can’t believe it actually said that.” That’s what I find myself saying over and over as I use the new LLM from Mistral AI. Released just this Wednesday, Mistral’s new model comes from a Paris-based team of top AI researchers. These DeepMind and Meta alums made headlines for a…
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+ AI, Artificial Intelligence, GPT-4, Investing, LLM, Mistral, Money, Silicon Valley, Startups, Tech, Venture Capital+
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“What do most investors get wrong?” I posed this question to a top investor this week. His answer: investing in companies with no revenue. Only about 10% of startups ever get a product out, he estimates. Of those, only around 10% will ever make a penny in revenue. This puts…
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Tremendous 