New York’s biggest banks can’t seem to get enough of the top Web properties, despite balooning valuations.
This morning, JPMorgan filed regulatory papers on a new $1.22 billion digital growth fund, twice as large as reported last week.
According to Scott Walker at Venture Capital Dispatch, the fund seems to be geared toward Read More
If you’re a company with serious cash lying around and it’s not being invested in tech start-ups, you must have missed the memo.
Luxury car kingpin BMW announced a $100 million venture fund today, debuting with an investment in New York based My City Way.
The late-stage gold rush for big name tech companies keeps heating up. JP Morgan announced a new $500-750 million fund today to invest in top technology firms like Facebook and Twitter.
It will be interesting to see how JP Morgan handles these investments for U.S. clients, after watching rival Goldman Sachs botch an Read More
Russian billionaire Yuri Milner announced on Friday that he will offer an investment of $150,000 to any startup from the current Y Combinator class.
The move, in partnership with Ron Conway’s SV Angel, is a bit shocking, because Milner has not actually seen or evaluated many of the companies in question.
In other Read More
It would be easy to assume that 1999 is the kind of year Fred Wilson would like to repeat.
In January of that year, Yahoo bought the web hosting service Geocities. Wilson and his first firm, Flatiron Ventures, were an early Geocities investor.
1999 was near the peak of the dot-com bubble, and Yahoo Read More
Back in the late 1990s, Morgan Stanley analyst Mary Meeker was known as the “Net Queen” for her bullish view on the web. When the Dot-com bubble burst, of course, her research fell out of favor.
But according to Bloomberg, a decade later, with tech stocks all the rage, Meeker’s research Read More
