Connie Loizos

This former Tesla CIO just raised $150 million more to pull car dealers into the 21st century

This former Tesla CIO just raised $150 million more to pull car dealers into the 21st century

“I have to choose my words carefully,” says Joe Castelino of Stevens Creek Volkswagen in San Jose, Ca., when asked about the software on which most car dealerships rely for inventory information, to manage marketing, to handle customer relationships and to otherwise help sell cars. Castelino, the dealership’s service director, laughs as he says this. […]

 Connie Loizos

This serial founder is taking on Carta with cap table management software she says is better for founders

This serial founder is taking on Carta with cap table management software she says is better for founders

Yin Wu has cofounded several companies since graduating from Stanford in 2011, including a computer vision company called Double Labs that sold to Microsoft, where she stayed on for a couple of years as a software engineer. In fact, it was only after that sale she she says she “actually understood all of the nuances […]

 Connie Loizos

Lee Fixel burnishes his reputation, raising his second massive fund in 2020

Lee Fixel burnishes his reputation, raising his second massive fund in 2020

On Friday, former Tiger Global Management investor Lee Fixel registered plans for the second fund of his new investment firm, Addition, just four months after closing the first. But investors who were shut out of that $1.3 billion debut fund and who might have hoped to write a check this time around are already too […]

 Connie Loizos

Pear hosted its invite-only demo day online year; here’s what you might have missed

Pear hosted its invite-only demo day online year; here’s what you might have missed

Pear, the eight-year-old, Palo Alto, Calif.-based seed-stage venture firm that has, from its outset, attracted the attention of VCs who think the firm has an eye for nascent talent, staged its seventh annual demo day earlier this week, and while it was virtual, one of the startups has already signed a term sheet from a […]

 Connie Loizos

Lead Edge Capital just closed on $950 million from a whopping 500 investors

Lead Edge Capital just closed on $950 million from a whopping 500 investors

Lead Edge Capital, a software-focused venture firm with one office in New York and another in California, was founded just 11 years ago. Yet it’s already managing $3  billion in assets through a process that founder Mitchell Green half-kiddingly refers to as “rinse and repeat.” As he describes its model, Lead Edge raises money from […]

 Connie Loizos

Why are VCs launching SPACs? Amish Jani of FirstMark shares his firm’s rationale

Why are VCs launching SPACs? Amish Jani of FirstMark shares his firm’s rationale

It’s happening slowly but surely. With every passing week, more venture firms are beginning to announce SPACs. The veritable blitz of SPACs formed by investor Chamath Palihapitiya notwithstanding, we’ve now seen a SPAC (or plans for a SPAC) revealed by Ribbit Capital, Lux Capital, the travel-focused venture firm Thayer Ventures, Tusk Ventures’s founder Bradley Tusk, […]

 Connie Loizos

Google is providing cash awards to 76 startups through a racial equity initiative announced in June

Google is providing cash awards to 76 startups through a racial equity initiative announced in June

In June of this year, as more of the world began to awaken to the many ways that people of color are systematically discriminated against amid months of protest, a wide number of companies announced initiatives aimed at improving the representation of underrepresented groups within their own ranks and as recipients of their investment dollars. […]

 Connie Loizos

Allbirds CEO Joey Zwillinger on the startup’s $100 million round, profitability, and SPAC mania

Allbirds CEO Joey Zwillinger on the startup’s $100 million round, profitability, and SPAC mania

As people spend less time out and about and more time daydreaming about when a vaccine will arrive, lifestyle shoes are only gaining traction. One obvious beneficiary is Allbirds, the San Francisco-based maker of comfortable, sustainable kicks that launched in 2016 and quickly became a favorite in Silicon Valley circles before taking off elsewhere. Though […]

 Connie Loizos

The joke is on consumers as Liquid Death raises $23 million more

The joke is on consumers as Liquid Death raises $23 million more

In what began as a kind of funny, savvy marketing stunt that has since gained traction, a nearly three-year-old, Santa Monica-based startup that sells water from the Austrian Alps under the brand Liquid Death, has raised $23 million in Series B funding. Backers in the round include an unnamed family office; Convivialité Ventures, which is […]

 Connie Loizos

Collective, a back office platform that caters to ‘businesses of one,’ just landed a hefty seed round

Collective, a back office platform that caters to ‘businesses of one,’ just landed a hefty seed round

Americans and other global citizens are increasingly self-employed, thanks to great software, the need for flexibility, and because skilled services especially can pay fairly well, among other reasons. In fact, exactly one year ago, the Freelancers Union and Upwork, a digital platform for freelancers, released a report estimating that 35% of the U.S. workforce had […]

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