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John Vrionis leaving Lightspeed Venture Partners

Dan Primack, author of Pro Rata

John Vrionis is stepping down as a partner with Lightspeed Venture Partners, which he joined in 2006, multiple sources tell Axios.

  • Future plans: He's expected to raise a seed-stage fund, with some early talk of a $150 million target. He also will remain a venture partner with Lightspeed and maintain his current portfolio board seats.
  • Resume: His portfolio companies have included AppDynamics, Docker, MuleSoft, Nicira and Nimble Storage.

Go deeper

Axios
Updated 6 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Large coronavirus outbreaks leading to high death rates — Coronavirus cases are at an all-time high ahead of Election Day — U.S. tops 88,000 COVID-19 cases, setting new single-day record.
  2. Politics: States beg for Warp Speed billions.
  3. World: Taiwan reaches a record 200 days with no local coronavirus cases.
  4. 🎧Podcast: The vaccine race turns toward nationalism.
Go deeper (1 min. read)Arrow
Sara Fischer, author of Media Trends
6 hours ago - Politics & Policy

Technical glitch in Facebook's ad tools creates political firestorm

Facebook CEO Mark Zuckerberg. Photo: SOPA Images / Contributor

Facebook said late Thursday that a mix of "technical problems" and confusion among advertisers around its new political ad ban rules caused issues affecting ad campaigns of both parties.

Why it matters: A report out Thursday morning suggested the ad tools were causing campaign ads, even those that adhered to Facebook's new rules, to be paused. Very quickly, political campaigners began asserting the tech giant was enforcing policies in a way that was biased against their campaigns.

Go deeper (1 min. read)Arrow
Axios
7 hours ago - Health

States beg for Warp Speed billions

A COVID-19 drive-thru testing center yesterday at Hard Rock Stadium in Miami Gardens. Photo: David Santiago/Miami Herald via AP

Operation Warp Speed has an Achilles' heel: States need billions to distribute vaccines — and many say they don't have the cash.

Why it matters: The first emergency use authorization could come as soon as next month, but vaccines require funding for workers, shipping and handling, and for reserving spaces for vaccination sites.

Go deeper (1 min. read)Arrow