Good morning, everyone! Hope your Tuesday is off to a good start. (Web visitors, here’s an easier-to-read version of today’s email.) —– Top News in the A.M. Activist hedge fund manager Carl Icahn must be doing cartwheels this morning. Eight months after he began calling for eBay to separate the company’s eBay and PayPal businesses […]
Industry Ventures
Industry Ventures on Its New Fund, Cheap Stakes, and the State of the Market
Hans Swildens is taking a break at his offices in San Francisco. “This is the first Monday in a long time that I haven’t been fundraising,” he says. It’s easy to understand why he’s exhausted. Swildens’s 15-year-old investment firm, Industry Ventures, has raised one fund after another in recent years, closing on a $425 million secondary […]
This Four-Year-Old Internet Startup Just Landed $63 Million in Series A Funding
You probably haven’t heard yet of four-year-old ZipRecruiter, a profitable, L.A.-based online hiring platform for small and medium-size businesses. In recent months, though, plenty of growth-stage equity firms were kicking its tires and hoping the company might bring them aboard as investors. In the end, its four cofounders agreed to a $63 million round led by […]