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Venture Capital

May 20, 2019

Lyft misplaced $1.14B in Q1 2019 on $776M in income

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In its first-ever earnings report as a public company, Lyft (Nasdaq: LYFT) failed to display progress toward profitability. The ride-hailing business, which raised $2 billion in a March initial public offering, posted first-quarter revenues of $776 million on losses of $1.14 billion, including $894 million of stock-based compensation and related payroll tax expenses. The...

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May 20, 2019

VC wide Greylock, a Dropbox and Facebook investor, excellent hired a modern partner to workers its portfolio’s startups. Here is the No. 1 trait she looks for in government candidates.

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Holly Rose Faith, pictured, wants to see evidence of a growth mindset. Courtesy of Greylock Partners Venture capital firm Greylock Partners has hired Holly Rose Faith as executive talent partner.When she interviews candidates for positions at startups, Faith said she looks for evidence of a growth mindset.She wants candidates who hope to be challenged...

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May 20, 2019

Top VCs imprint what they want to hear in a startup pitch — and what you will comprise to gathered back a ways flung from announcing

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Venture capitalists want to be convinced. Ask David Rose, and he'll tell you VCs wouldn't be hearing your pitch in the first place if they weren't interested in investing. Rose runs Gust, a digital platform for early-stage entrepreneurs and investors, and Rose Tech Ventures, an angel investment fund and incubator. He said investors are...

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May 20, 2019

Here’s a leer at Mayo Sanatorium’s digital neatly being accelerator program startup people

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click here. Minnesota-based health system Mayo Clinic selected six auspicious digital health startups for its MedTech Accelerator — a joint venture with Arizona State University for companies that raised at least $500,000 in seed funding rounds. Business Insider Intelligence The accelerator aids early stage medical device and healthcare tech startups raring to polish their...

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May 20, 2019

SoftBank Founder Masayoshi Son Misplaced $130M on Bitcoin

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Masayoshi Son, the billionaire founder of SoftBank Group Corp., made a huge personal bet on bitcoin just as prices for the digital currency peaked, losing more than $130 million when he sold out, according to people familiar with the matter. Mr. Son, who launched the world’s biggest venture-capital fund on the strength of his...

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