Justin Wohlstadter navigated easily through the crush of long-legged beauties and laptop jockeys crowding the lobby of the Ace Hotel on a chilly Thursday night. His informal office when he’s not in the U.K. doing postgraduate work at Oxford, the wood-paneled bar is also his hunting ground for tech deals to fund as director of Read More
During the last tech boom, JPMorgan was the principal backer for Flatiron Partners, Fred Wilson’s first venture firm and the company that put Silicon Alley on the map.
But by the middle of 2001 the banking bigwig was looking to wind Flatiron down, as a number of high-profile flops cut deep into the Read More
Eric Hippeau is stepping down as CEO of Huffington Post following yesterday’s mega merger with Aol. But’s he’s not wasting any time diving back into business, joining on with HuffPo founder Ken Lerer as a general partner at Lerer Ventures.
This is a return to form for Hippeau, who worked as a VC for Read More
The 10 year expiration date is coming due on a lot of venture capital funds, and many are expected to fold up shop in the next year, unable to raise fresh capital based on their shoddy returns.
Union Square Ventures has a new fund in the works, along with a new partner and perhaps, a change in focus to later stage companies.
The new $200 million fund, of which USV has already secured $135 million, was first noticed by Dan Primack over at Fortune, who came across the form D Read More
Canaan Partners — a multibillion-dollar VC firm with offices in Silicon Valley, Israel and India — has opened a new office in New York.
“We’ve been investing in New York City since 1997 when we first backed DoubleClick. We continue to invest actively in this area, with nine new investments in the past several years,” Read More