Aug 6, 2019

Podcast: A tale of two startup economies

Venture capital keeps getting bigger, while U.S. new business formation stalls. Dan discusses this with Andreessen Horowitz managing partner Scott Kupor.

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The Long-Term Stock Exchange raises $50 million in new funding

Illustration:Rebecca Zisser/Axios

The Long-Term Stock Exchange has raised $50 million in Series B funding led by Founders Fund, with new investors joining existing ones like Andreessen Horowitz, Obvious Ventures, and Initialized Capital.

Why it matters: Silicon Valley's big tech "startups" have increasingly delayed going public, in part because of the pressures of quarterly performance they must explain to stockholders. The LTSE, a brainchild of "Lean Startup" author Eric Ries, seeks to build a stock exchange without these traditional short-term pressures.

Go deeperArrowAug 29, 2019

Podcast: Facebook for immigrants

Illustration: Sarah Grillo/Axios

Homeis, a social networking app for immigrants, today announced $12 million in venture capital funding co-led by Canaan Partners and Spark Capital.

Why it matters: Heated political rhetoric on immigration tends to overlook the day-to-day needs of newcomers to a community, particularly when there are language and cultural barriers, and existing social networks haven't directly addressed this ready-made target market. At the same time, vulnerable populations are likely to have elevated data privacy fears.

Cleo Capital debuts scout fund for female investors

Illustration: Lazaro Gamio/Axios

Cleo Capital, led by entrepreneur Sarah Kunst, raised $3.5 million for a debut fund that will invest in female entrepreneurs who act as scouts.

Why it matters: "There's a lot of response about diversity — gender and race — and there's a lot of conferences and panels and dinners celebrating or highlighting women in tech, but there hasn't been a change in where the capital goes," Kunst tells Axios.

Go deeperArrowAug 19, 2019