Lo Toney, a partner at GV (formerly Google Ventures), is looking to raise up to $50 million for an upcoming fund-of-funds named Plexo Capital, according to an SEC filing.
Why it matters: As Axios previously reported, Plexo will be focused on seed funds led by women and/or minority general partners, a budding but still incredibly small portion of venture capital.
Go deeper: An interview with Toney about Plexo Capital.
Kobe Bryant on court for the Los Angeles Lakers during the Sprite Slam Dunk Contest on All-Star Saturday Night, part of 2010 NBA All-Star Weekend at American Airlines Center in Dallas in February 2010. Photo: Jed Jacobsohn/Getty Images
Sports stars, politicians and celebrities paid tribute to NBA legend Kobe Bryant, who was killed in a California helicopter crash alongside his 13-year-old daughter, Gianna, and seven others on Saturday. He was 41.
What they're saying: Lakers great Shaquille O'Neal said in an Instagram post of his former teammate, "There's no words to express the pain I'm going through now with this tragic and sad moment of losing my friend, my brother, my partner in winning championships, my dude and my homie. I love you brother and you will be missed."
Photo: Alex Wong/Getty Images
President Trump's former national security adviser John Bolton alleges in his forthcoming book that the president explicitly told him "he wanted to continue freezing $391 million in security assistance to Ukraine until officials there helped with investigations into Democrats including the Bidens," the New York Times first reported.
Why this matters: The revelations present a dramatic 11th hour turn in Trump's Senate impeachment trial. They directly contradict Trump's claim that he never tied the hold-up of Ukrainian aid to his demands for investigations into his political opponent Joe Biden.
Illustration: Sarah Grillo/Axios
We are living in a measurably different political and media landscape than when the Senate acquitted President Bill Clinton of impeachment charges in 1999.
The big picture: These dynamics are setting the pace as President Trump’s legal team speeds through arguments to seek a fast acquittal.