NEW PLAYERS – STARTUPS & COMPANIES
EquityZen is a marketplace for investing in private tech companies backed by top-tier venture capital firms. Shareholders in private companies have a brand new way to get cash in exchange for their illiquid equity. The platform establishes a secure marketplace, allowing investors to browse investment opportunities in emerging companies.
Headquarters: New York, New York, United States
Founded: 2013 • 500 Startups Alumni
“Woe is me,” should not be in any VC’s lexicon. It’s a privileged job. Every day we get to meet with entrepreneurs who are looking to change the world.At the same time, I’ve felt a shift in the mood of VCs across the Valley from elation to resignation. It feels as though venture capital is in a bit of a midlife crisis. Blue Bottle Coffee chats bemoan climbing valuations and diminishing returns, except for the 24 hours following a billion-dollar exit when the smiles return, temporarily.
The principles of venture capital have remained unchanged for decades. It used to be that you’d raise a fund, invest it over three years, hopefully, pick some winners, rinse and repeat. Now, some of the seemingly immutable laws of VC now being questioned by collaborators and friends. The vast changes in the tech ecosystem are unnerving to most everyone in the industry, especially those that live and work in Silicon Valley...more
QUOTE OF THE WEEK
WITHOUT INVESTMENT THERE WILL NOT BE GROWTH, AND WITHOUT GROWTH THERE WILL NOT BE EMPLOYMENT.
TALK OF THE WEEK