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These venture capitalists may win big ahead of tech IPO wave

CB Insights analyzed deals from 2010 through last month (weighted toward recent performance) and found these venture-capital winners, per the New York Times.

What to watch: A swarm of technology IPOs expected this year and next year are slated to have big returns for venture capitalists involved.

  1. Neil Shen — Sequoia Capital China
  2. Lee Fixel — Tiger Global Management
  3. Bill Gurley — Benchmark
  4. Alfred Lin — Sequoia Capital
  5. Jeffrey Jordan — Andreessen Horowitz
  6. Peter Fenton — Benchmark
  7. Brian Singerman — Founders Fund
  8. Mary Meeker — Bond
  9. Matt Cohler — Benchmark
  10. Ravi Mhatre — Lightspeed Venture Partners
  11. Joshua Kopelman — First Round Capital
  12. Bryan Schreier — Sequoia Capital
  13. Allen Zhu — GSR Ventures
  14. Mike Volpi — Index Ventures
  15. Sameer Gandhi — Accel
  16. JP Gan — Qiming Venture Partners
  17. Ann Miura-Ko — Floodgate
  18. Hans Tung — GGV
  19. Aydin Senkut — Felicis Ventures
  20. Ben Horowitz — Andreessen Horowitz

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Dion Rabouin, author of Markets
28 mins ago - Economy & Business

The fragile recovery

Data: Department of Labor; Chart: Axios Visuals

The number of people receiving unemployment benefits is falling but remains remarkably high three weeks before pandemic assistance programs are set to expire. More than 1 million people a week are still filing for initial jobless claims, including nearly 300,000 applying for pandemic assistance.

By the numbers: As of Nov. 14, 20.2 million Americans were receiving unemployment benefits of some kind, including more than 13.4 million on the Pandemic Unemployment Assistance (PUA) and Pandemic Emergency Unemployment Compensation (PEUC) programs that were created as part of the CARES Act and end on Dec. 26.

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Ben Geman, author of Generate
48 mins ago - Politics & Policy

The top candidates Biden is considering for key energy and climate roles

Photo: Alex Wong/Getty Images

Senate Minority Leader Chuck Schumer (D-N.Y.) has urged President-elect Joe Biden to nominate Mary Nichols, chair of California's air pollution regulator, to lead the Environmental Protection Agency, Bloomberg reports.

Why it matters: The reported push by Schumer could boost Nichol's chances of leading an agency that will play a pivotal role in Biden's vow to enact aggressive new climate policies — especially because the plan is likely to rest heavily on executive actions.

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Courtenay Brown, Felix Salmon
2 hours ago - Economy & Business

U.S. economy adds 245,000 jobs in November as recovery slows

Data: BLS; Chart: Axios Visuals

The U.S. economy added 245,000 jobs in November, while the unemployment rate fell to 6.7% from 6.9%, the government said on Friday.

Why it matters: The labor market continues to recover even as coronavirus cases surge— though it's still millions of jobs short of the pre-pandemic level. The problem is that the rate of recovery is slowing significantly.

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