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Incredibuild powers up with $35M to boost its distributed, faster approach to games and software development

TechCrunch

If it sounds odd that a Series B would be so much smaller than the Series A, that’s in part because that previous round was a mix of debt and equity: the company had raised very little since being founded in 2000 and was profitable. This all-equity round is being led by Hiro Capital, with past backer Insight Partners also participating.

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Incredibuild gets $140M to speed up games and other software development with distributed processing tech

TechCrunch

This round of financing is the first substantial outside investment made in the company since it was picked up by private equity firm Fortissimo in 2018. Today, a company that has built technology that taps into that concept as it applies to computing is announcing a large round of funding to boost its growth after a strong year of business.

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It’s Morning in Venture Capital

Both Sides of the Table

When I came out of college LA Law was one of the most popular shows on TV and made being a lawyer sexy, so most of my peers made that career choice. Yes, it’s true that FOMO (fear of missing out) is driving some irrational behavior and valuations amongst uber competitive deals and well-financed VCs. Thank you, Aaron Sorkin!

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The Hard Thing About a Hard City: Why I Support Kathryn Garcia for Mayor of NYC

This is going to be BIG.

Kathryn Garcia wants to be Mayor of New York City. No, I mean, she actually wants to do the job. It’s not a platform for her to promote any experiments. It’s not something she’s doing because that’s the next logical step in a political ladder. It’s not an interesting career change for someone who made it rich doing something else.

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How to Develop Your Fund Raising Strategy

Both Sides of the Table

I raised money as an entrepreneur, like you, in 1999, 2000, 2001, 2003 and 2005 for two different companies. Raising money is hard. And when you’re relatively new to the process it’s easy to be confused by the process. There is all sorts of advice on the Internet about how to raise capital. Of course much of it is conflicting.

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How to Find a Job as a VC Scout: Compensation and Which Firms Are Recruiting

David Teten VC

We’re launching our own scout program, and want to benchmark compensation and structure against our peers. The easiest way to work with and for VC funds is to become a part-time scout, getting paid for sourcing investments. But how do you do that? . How to find a job as a VC scout. How to get a job in venture capital.

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The Case For & Against Cryptocurrencies (for those tired of all the noise)

Both Sides of the Table

The reality is that cryptocurrencies can be both and can be liberating and corrupting at the same time. So I’m going to try and do a single sitting riff of how I’ve viewed the topic as I’ve watched the cheerleaders & naysayers from the sidelines. It’s pretty tough to have a view on cryptocurrency if you don’t have a history of currency.