• Social Capital will no longer raise outside capital

    1 month ago - By Tech Crunch

    Former Facebook executive turned venture capitalist Chamath Palihapitiya announced this morning that his firm, Social Capital, would no longer raise outside capital.
    The firm will transition into a technology holding company by the end of 2018 and will invest $50 million to $250 million off a “multi-billion dollar balance sheet of internal capital only.”
    “will focus our efforts on businesses where we can make a difference, in keeping with our mission and values,” Palihapitiya wrote in the announcement.
    “Solving hard problems is what we started to do and solving hard problems is what we...
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  • A $10 billion marijuana producer just spun off its venture arm in the hopes it will become the 'Google Ventures of cannabis'

    A $10 billion marijuana producer just spun off its venture arm in the hopes it will become the 'Google Ventures of cannabis'

    1 month ago - By Business Insider

    Canopy Growth , a $10 billion Canadian marijuana firm, is spinning off its venture-capital arm, which will begin trading at 10:30 a.m. ET on Thursday.
    Canopy Rivers makes minority investments in burgeoning marijuana companies as part of its goal to become the 'Google Ventures of cannabis.'
    Watch Canopy Growth trade in real time here .
    Canopy Rivers, the venture-capital arm of Canopy Growth, will make its trading debut on the Toronto Stock Exchange at 10:30 a.m. ET on Thursday.
    The company, which makes minority investments in burgeoning marijuana companies, in an attempt to become the...
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  • A former exec at Google and Facebook doesn't just expect job candidates to negotiate their offer - she hopes they will

    1 month ago - By Chron

    Steve Maller
    Libby Leffler, a former Facebook executive and Google employee, is now the vice president of membership at SoFi.
    Leffler said she always expects job candidates to negotiate their job offer because it shows how they'll behave once they get hired.
    She added that you can negotiate other pieces of the offer besides salary, like equity or vacation time.
    Negotiating a job offer is a notoriously harrowing process, especially if you've never done it before and assume the world will explode if you request a dollar more.
    But there are some good reasons to do it anyway - not least among...
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  • A $10 billion marijuana producer just spun off its venture arm in the hopes it will become the 'Google Ventures of cannabis'

    A $10 billion marijuana producer just spun off its venture arm in the hopes it will become the 'Google Ventures of cannabis'

    1 month ago - By Business Insider

    Canopy Growth , a $10 billion Canadian marijuana firm, is spinning off its venture-capital arm, which will begin trading at 10:30 a.m. ET on Thursday.
    Canopy Rivers makes minority investments in burgeoning marijuana companies as part of its goal to become the 'Google Ventures of cannabis.'
    Watch Canopy Growth trade in real time here .
    Canopy Rivers, the venture-capital arm of Canopy Growth, will make its trading debut on the Toronto Stock Exchange at 10:30 a.m. ET on Thursday.
    The company, which makes minority investments in burgeoning marijuana companies, in an attempt to become the...
    Read more ...