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Valence launches a social network for black professionals

Valence launches a social network for black professionals Over the past two years, as technology companies continued to struggle with diversifying their work forces, Los Angeles-based venture capitalist Kobie Fuller wrestled with how to solve the problem. As a black professional himself, Fuller had experienced the frustrations and isolation that can sometimes […]

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Startups Weekly: Upfront Ventures bets on a bus service

Startups Weekly: Upfront Ventures bets on a bus service Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy news pertaining to startups and venture capital. Before I jump into today’s topic, let’s catch up a bit. Last week, I profiled an e-commerce startup Part & […]

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L.A.-based Upfront Ventures has two new general partners, bringing its GP count to eight

L.A.-based Upfront Ventures has two new general partners, bringing its GP count to eight Upfront Ventures, the 23-year-old, L.A.-based venture capital firm, is gearing up for far more deal-making. In addition to filing paperwork with the SEC this summer to raise its third growth-stage investment fund (it is also investing a $400 […]

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The future of car ownership: Cars-as-a-service

The future of car ownership: Cars-as-a-service Car shoppers now have several new options to avoid long-term debt and commitments. Automakers and startups alike are increasingly offering services that give buyers new opportunities and greater flexibility around owning and using vehicles. Cars-as-a-Service In the first part of this feature, we explored the different […]

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Bird investor Upfront Ventures eyes $250M growth fund

Bird investor Upfront Ventures eyes 0M growth fund Upfront Ventures, a Los Angeles-based venture capital firm, has filed paperwork with the U.S. Securities and Exchange Commission to raise its third growth-stage investment fund. Though the firm typically invests at the seed and Series A, capital from Upfront Growth III will be used […]

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Sources: Bird is in talks to acquire scooter startup Scoot

Sources: Bird is in talks to acquire scooter startup Scoot If you are among those who thought that the scooter market sounded a little overhyped and overcrowded, we’ve gotten wind of a deal that could point to some impending consolidation. The on-demand scooter business Bird has agreed to acquire Scoot, a smaller two-wheeled […]

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Looking Beyond Meat, the future of food investment looks pretty cheesy

Looking Beyond Meat, the future of food investment looks pretty cheesy As Beyond Meat continues its reign as one of the kings of this year’s IPO mountain and Impossible Foods serves up impossibly good numbers for Burger King, venture capitalists seem ready to feast on new food deals. And judging by market […]

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The Wing poaches Snap’s comms director

The Wing poaches Snap’s comms director Women-focused co-working space The Wing has hired Rachel Racusen as vice president of communications. Racusen has been the director of communications at Snap, the developer of Snapchat, since late 2016. Racusen’s exit represents the latest in a series of departures at the “camera company.” Earlier this […]

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Venture investors and startup execs say they don’t need Elizabeth Warren to defend them from big tech

Venture investors and startup execs say they don’t need Elizabeth Warren to defend them from big tech Responding to Elizabeth Warren’s call to regulate and break up some of the nation’s largest technology companies, the venture capitalists that invest in technology companies are advising the presidential hopeful to move slowly and not […]

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Startups Weekly: Spotify gets acquisitive and Instacart screws up

Startups Weekly: Spotify gets acquisitive and Instacart screws up Did anyone else listen to season one of StartUp, Alex Blumberg’s OG Gimlet podcast? I did, and I felt like a proud mom this week reading stories of the major, first-of-its-kind Spotify acquisition of his podcast production company, Gimlet. Spotify also bought Anchor, a […]

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