Fundrise is making a giant entry into a venture capital market to generate a new $1 billion growth equity fund to invest in late-stage tech startups. The company, which permits everyone to invest in real estate with just $10, announced the move today. According to the company, the new fund will be evergreen, have an […]
The ‘startup generator’ Antler has raised another $50 million to support fledgling startups, with investment from Facebook co-founder Eduardo Saverin, according to TechCrunch. With locations in London, Amsterdam, Stockholm, New York, Sydney, Nairobi, and Singapore, Antler offers a company building program for selected applicants, focused on early-stage funding. They assist entrepreneurs in the first steps of establishing their […]
The UK-based startup Residently has raised £7 million in seed funding, with a tech platform to simplify and modernize the rental process for tenants in London and New York, according to Tech Crunch. A press release from the company said they’ve earned backing from European venture capital firms including Felix Capital, LocalGlobe, and A/0 PropTech, as well […]
The British Private Equity and Venture Capital Association (BVCA) just published a report dispelling many of the stereotypes and myths about the performance of Europe’s VCs. The conventional wisdom has been that Europe’s risk-adverse nature and difficult IPO environment has constrained the potential and success of Europe’s venture and startup communities. As the report points out, we […]
Yesterday, while grabbing lunch I was nearly straddled by CIF protestors along Blvd Haussmann distributing pamphlets emblazoned with the cautionary words, “Tu te perds mon François- Repense à toutes ces années de service!” In the first week of September the CIF was greeted with the resignation of their CEO, a government bailout approved by the […]
Since 2002, Scientipole Initiatve, funded by the Ile-de-France has been providing personal loans of between €20K-€60K in order to help startups develop commercially and hire. With their new "croissance" program, they may just be replacing bootstrapping.
Last week Europe hosted the Mobile World Congress, an annual ritual in which over 60,000 people in dark gray and black suits invade Barcelona in an event originally organized by the consortium of mobile network operators. The event used to be called 3GSM, named after the nearly ubiquitous technology standard for mobile communication. The GSMA […]
This article was originally posted on Mark Bivens’ personal blog. Capital Finance (part the Les Echos Groupe) features an article today on the discombobulations affecting the country’s tax-incentivized fund structures: FCPIs and FIPs. I’ve written in the past on the perverse effects that these taxpayer-funded structures can have on the venture capital sector. And for […]