Salespeople live and die by commissions, which typically form a big chunk of how they are paid, so it’s no surprise that Salesforce paid a premium to buy […]
Harlem Capital is raising a $150 million fund
Harlem Capital is raising a $150 million fund, according to documents filed with the SEC. If raised, this new fund, the firm’s third, would be its largest to […]
Ethereum heats up over key ETF decision. Here’s what you need to know.
Ethereum, the second largest cryptocurrency by market cap, is heating up in price and interest due to an upcoming ETF decision.
Peter Thiel-founded Valar Ventures raised a $300 million fund, half the size of its last one
The perception in Silicon Valley is that every investor would love to be in business with Peter Thiel. But the venture capital fundraising environment has become so difficult, […]
Contour Venture Partners, an early investor in Datadog and Movable Ink, lowers the target for its fifth fund
Longtime New York-based seed investor, Contour Venture Partners, is making progress on its latest flagship fund after lowering its target. The firm closed on $42 million, raised from […]
OpenAI Startup Fund raises additional $5M
The OpenAI Startup Fund, a venture fund that invests in early-stage AI companies and has recently transferred legal control from Sam Altman to Ian Hathaway, has closed on additional $5 million, according to a filing with […]
It’s Time To Stop Giving Xbox Boss Phil Spencer A Pass
On May 7, Xbox announced that it was closing four studios: Arkane Austin (Redfall), Tango Gameworks (Hi-Fi Rush), Alpha Dog Games (Mighty Doom), and support studio Roundhouse Games. The news is yet another example of Xbox—which has spent billions buying up studios—cutting costs, laying people off, and rearranging…