• Technology innovation on the second half of the chessboard

    3 monthes ago - By Tech Crunch

    EarthNow recently announced a $1 billion investment, perhaps the largest-ever Series A financing round, to build a global constellation of satellites. Ant Financial announced plans to raise $9 billion at an expected $150 billion valuation, making it the most highly valued privately held company. Last year, SoftBank embarked on a $100 billion investment fund, 30 times larger than any prior venture fund.
    The venture industry is scrambling to respond. Several established funds, including Sequoia , Khosla, Norwest and Battery , have recently announced by far their largest funds raised to date...
    Read more ...