Finance

VC Firm Homebrew Considering an ICO to Raise its Next Fund

It would be only the second venture capital fund to raise money with blockchain and cryptocurrency.

Fintonic banks $28M to grow its personal finance management app

 Spanish startup Fintonic has closed a €25 million Series B funding round to expand into new markets in Latin America and continue developing the product. Investors in the round include banking and financial services giant the ING Group and insurance group PSN.  Read More

Why Tech Investors Love ICOs—and Lawyers Don’t

Initial coin offerings are red-hot, but they fall into a scary regulatory gray area.

Binary Capital co-founder Justin Caldbeck quits as Matt Mazzeo steps away from the firm

 Justin Caldbeck, the co-founder of Binary Capital, and Matt Mazzeo, the firm’s newest partner, have both resigned from the venture firm, according to a statement from the firm’s remaining co-founder Jonathan Teo. The statement confirms reporting earlier in the evening on Sunday from Axios and comes as the investment firm struggles to remove the stain of allegations of sexual… Read More

Binary Capital co-founder Justin Caldbeck quits as Matt Mazzeo steps away from the firm

 Justin Caldbeck, the co-founder of Binary Capital, and Matt Mazzeo, the firm’s newest partner, have both resigned from the venture firm, according to a statement from the firm’s remaining co-founder Jonathan Teo. The statement confirms reporting earlier in the evening on Sunday from Axios and comes as the investment firm struggles to remove the stain of allegations of sexual… Read More

5 burning questions Blue Apron’s IPO is about to answer

 Blue Apron will be going public in short order, kicking off the second big major consumer IPO of 2017. It’s nowhere near as big as Snap, but the company at the top end of its IPO pricing will be valued at around $3.2 billion as it looks to raise nearly $600 million. The company’s IPO comes at an interesting time as we approach the midpoint for 2017, which has seen a big wave of… Read More

Accenture’s Bet on Cloud and Digital Services Is Paying Off

The consulting giant has raised its full year outlook.

Travis Kalanick 2.0 Launches Today

For the embattled former CEO, the real work begins.