Bond Capital co-founder Mary Meeker. Photo by Michael Kovac/Getty Images

Bond Capital, the growth equity firm spun out of Kleiner Perkins last year, has secured $1.25 billion in commitments for its debut fund, Axios has learned from a source. It has not yet held a final close, so the ultimate number may be slightly higher.

  • Primary source: Bond today disclosed the fund in an SEC filing, although only included the $1.25 billion as a target size.

Why it matters: Bond expects to have a very big May, based on past investments while still with Kleiner Perkins, as portfolio companies Uber and Slack both plan to go public.

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Republicans condemn Trump's refusal to commit to peaceful transfer of power

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A number of prominent Republican lawmakers addressed President Trump's refusal on Wednesday to commit to a peaceful transfer of power if he loses November's presidential election.

Driving the news: Senate Majority Leader Mitch McConnell tweeted, "The winner of the November 3rd election will be inaugurated on January 20th. There will be an orderly transition just as there has been every four years since 1792."

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A slew of high-profile journalists have recently announced they are leaving newsrooms to launch their own, independent brands, mostly via email newsletters.

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Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 9 a.m. ET: 31,926,175 — Total deaths: 977,357 — Total recoveries: 22,004,598Map.
  2. U.S.: Total confirmed cases as of 9 a.m ET: 6,935,556 — Total deaths: 201,920 — Total recoveries: 2,670,256 — Total tests: 97,459,742Map.
  3. Health: The coronavirus is surging again — Johnson & Johnson begins large phase 3 trial — The FDA plans to toughen standards.
  4. Politics: Missouri Gov. Mike Parson tests positive for coronavirus — Poll says 51% of Republicans trust Trump on coronavirus more than the CDC.
  5. Technology: The tech solutions of 2020 may be sapping our resolve to beat the coronavirus
  6. Sports: Here's what college basketball will look like this season.

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