• 12 startups that failed this year and took $1.4 billion in VC funding with them

    9 days ago - By Chron

    Pitchbook
    Just because everyone from Ashton Kutcher to Kevin Durant are getting into startups doesn't mean they're all success stories.
    After all, nine out of 10 startups will end up failing, and that means the money that venture capitalists put into funding these ideas can disappear too. From analyzing just 12 startups that failed this year, PitchBook found that around $1.4 billion in VC funding wasn't enough to save these businesses.
    Theranos, a blood-testing startup, is one of 2018's most notable failures. The company racked up close to $1 billion in funding before questions about the...
    Read more ...

     

  • Female founders have brought in just 2.2% of US VC this year

    10 days ago - By Tech Crunch

    Despite efforts to level the playing field for female entrepreneurs, U.S. female-founded startups have raised just 2.2 percent of venture capital investment in 2018.
    That statistic may sound familiar; it's the exact same portion of capital startups founded by a solo female founder or an all-female team secured last year, too, according to PitchBook .
    That figure has become a sort-of rallying cry for female founders and their advocates as they try to develop solutions to a long-standing problem: female entrepreneurs raise significantly less private capital than their male counterparts...
    Read more ...