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After bootstrapping since 2002, Articulate raises $1.5B on $3.75B valuation

TechCrunch

Most companies don’t announce their first venture investment after almost 20 years in the business, nor do they announce that round is the equivalent of a good startup’s entire private fundraising history. billion investment on a $3.75 He says that the company started back in 2002 as a plug-in for PowerPoint.

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The Trouble with Venture Capital Data

This is going to be BIG.

There aren't many people who get the chance to analyze venture capital fund return data. Sounds like a huge amount, but only later does he say that only " 476 funds which had known Net IRR values, the overwhelming majority of which were from vintage 2002, or more recently." Companies take a long time to exit--often 5-9 years.

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How Venture Funding For Early-Stage Startups Will Change During the COVID-19 Crisis

Dream It

Paul Martino, General Partner at Bullpen Capital. During our recent Dreamit Kickoff week, Bullpen Capital Founder and General Partner Paul Martino ( @ahpah ) spoke with our Spring 2020 cohort about the state of the VC ecosystem in the current economic crisis. Will a financial crisis affect how venture funds deploy capital?

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Jack Selby of Thiel Capital is using a new VC fund to invest in Arizona startups

TechCrunch

Jack Selby, a former PayPal exec and the longtime managing director of Thiel Capital who attracted some attention years back for his low-key largesse , has a new, $110 million venture fund that he intends to invest mostly in his adopted state of Arizona, where Selby has lived since 2002. Peter is my golden goose.

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In the News: Coronavirus, industry reinvention & venture capital

OurCrowd

Historically, venture investing right after major market downturns – such as after the Internet bubble burst in 2000-2002, and after the financial crisis of 2007-2009 — has proved lucrative because you’re buying at a discount. That’s a very good entry point for new venture investors. Watch the latest from OurCrowd.

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SoftBank Vision Fund 2 invests $160M in media localization provider Iyuno-SDI Group

TechCrunch

SoftBank Group first invested in Iyuno Media Group through SoftBank Ventures Asia , its venture capital arm, in 2018. SoftBank Vision 2 will join Lee and investors Altor, Shamrock Capital Advisors and SoftBank Ventures Asia Corporation on Iyuno-SDI Group’s board of directors.

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Get to Know Richard de Silva of Highland Capital

Both Sides of the Table

In 2002 after exiting his second company he was attracted to the variety of being a VC. He was introduced through mutual friends to Highland Capital. At the time consumer internet venture capital was still suffering from the collapse of the Tech Bubble. Are you thematic in your investing or entrepreneur focused? (11:40-14:15).

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