By Evan Vitale
Wow! Did January go by fast or what just happened? Anyhow, let’s see what stories are making headlines in the world of venture capital.
Entrepreneur.com has an interesting article on “5 Ways Venture Capital Can Steal Your Dream” which basically describes those to fail to gain VC funds might be better off than those to do. The article can be found here: http://bit.ly/2jOtjVG
If the topic of venture capital is new to you and your business, then Forbes has the answer with its article “New To Raising Venture Capital? Six Tips For Getting Started.” The full article is here: http://bit.ly/2kwguyo
Is venture capital’s approach to building startups the latest industry to get upended by technology? Jack Abraham, founder of a startup studio called Atomic Management LLC, thinks so. His firm comes up with ideas and then builds and funds its startups from scratch, essentially mashing together the roles of founder and investor.
Find out more how “Atomic, With First Fund, Looks to Upend the Venture-Capital Model” on The Wall Street Journal website http://on.wsj.com/2iVLRGE
Meanwhile, Koubei has raised $1.1 billion in its first round of funding with outside investors, according to an article at pymnts.com.
Koubei, an affiliate of Alibaba, announced the fundraising in conjunction with reporting earnings, Koubei generated RMB 73.1 billion ($10.5 billion) in payment volume transacted through Alipay during the December quarter, representing a 52 percent increase over the prior quarter. In January, Koubei completed a $1.1 billion equity financing led by Silver Lake, CDH Investments, Yunfeng Capital and Primavera Capital. This transaction provides Koubei with a strong capital base to execute on its growth strategy, Alibaba said in a news release. Check out the full article here: http://bit.ly/2jtdjKn
And finally, ValueWalk.com has released an interesting piece showing “15 Charts That Illustrate How The US Venture Capital Industry Looked in 2016.” Check them out here: http://bit.ly/2k4a4d4