DreamWorks co-founder Jeffrey Katzenberg raised $460 million for his new fund, and is betting on cybersecurity and the future of work, not digital media.
Palantir, the data mining and software company, got its start with government
contracts, and 19 years later, the government is still central to its business.
After over two years of Covid and a pandemic-prompted stock surge, e-commerce
giant Shopify is tightening its belt with layoffs and a reduction in spending.
Cryptocurrencies and NFTs are playing a bigger charitable role on Giving
Tuesday, with backers including the Winklevoss twins and VC investor Bill Tai.
Many IPOs still reflect the mostly white male Silicon Valley stereotype. Diverse
venture capitalists have a plan to get in on start-ups near public offerings.
When VAST Data became a unicorn, valued at over $1 billion, in April, it relied
on virtual meetings with investors, as Silicon Valley VCs and the IPO market
navigate Covid-19.
Business is booming for alcohol delivery apps like Drizly and Minibar Delivery, with bars and restaurants closed across the country during the coronavirus shutdown.
CNBC Beijing Bureau Chief Eunice Yoon reflects, as both a reporter and a Beijing resident, on what daily life has been like during the COVID-19 outbreak in China.