Hints and tips:
...Soon a stream of Silicon Valley entrepreneurs were venturing up the home’s long gated driveway to pitch Son their biggest ideas....
...Silicon Valley investors are touring the Middle East, seeking to build long-term ties with sovereign wealth funds during the worst funding crunch for venture capital firms in almost a decade....
...Its senior members include the likes of Robert Rubin, the former US Treasury secretary during the Clinton administration, and Matthieu Pigasse, the French banker and media investor....
...Venture capital groups are working on a long-shot plan to preserve parts of Silicon Valley Bank so it can keep serving clients in the technology sector, according to people briefed on the effort....
...The Silicon Valley Bank ski trip to Deer Valley was one of the biggest annual networking events for technology start-ups before the bank failed last March, the largest bank to collapse since the global financial...
...But it took years to prove to advertisers and investors that mobile advertising would be as effective and profitable as its existing business....
...With so many luminaries on scene from Hollywood, Wall Street and Silicon Valley, ordinary shareholders in Endeavor could feel like faceless extras....
...The writer is founder of Sifted, an FT-backed site about European start-ups A brassy new venture capital investor, going by the ugly acronym Mang, has been making a lot of noise in Silicon Valley....
...Rising interest rates have hit the valuations of private start-ups, forcing Silicon Valley venture capital firms to shift their focus from raising ever-larger funds to instead ensuring the survival of companies...
...The case also comes as tensions have increased over Silicon Valley’s links to China....
...Generative AI — systems that spew out text, code, and video in seconds — has opened up a new front in the battle for big tech dominance across Silicon Valley....
...The business is a rare recent success story in a sector battered by falling valuations and divestments from foreign investors....
...Tiger has decided that having all of its investment team working from its New York headquarters was a “better operating model for our firm”, it said in a letter to investors announcing the move....
...Ever since the “techlash” that set in around 2017, when politicians and regulators around the world began to look at reining in the power of the biggest tech companies, investors have had a new risk to handicap...
...Once-high flying institutions such as Credit Suisse, First Republic and Silicon Valley Bank crumbled and a drought of deals has caused mass investment banking lay-offs....
...The valley is also an art destination....
...The start-up is still in stealth, although it has raised $8mn from Thrive Capital, an early investor in Instagram, Slack and Stripe....
...Some of Silicon Valley’s top engineers have spent the last decade writing code for driverless cars to expertly manoeuvre around the most complex streets in San Francisco....
...Silver Lake and its investors committed about $9bn in cash to fund the buyout....
...Investors in PacWest will receive 0.6569 of a share of Banc of California for each unit of stock they own....
...But as capital has dried up, Silicon Valley investors have quietly reversed course on earlier decisions to refuse meetings with, or cash from, Saudi Arabia....
...Several prominent distressed-debt investors have accumulated positions in SVB Financial Group’s securities....
...There is no obvious division of Google’s business that would deal with the issues raised by the trial, said Donald Polden, a law professor at Santa Clara University in Silicon Valley....
...Training tech bosses like Olympians could be a worthwhile endeavour, considering the gauntlet ahead now that the collapse of Silicon Valley Bank and the broader pullback in tech funding over the past 12...
...Illumina faces a record fine from the EU as early as next week after the world’s biggest gene sequencing company bought Silicon Valley cancer screening start-up Grail for $8bn without Brussels’ approval....
International Edition