Lightspeed Ventures announced the raising of its new $800 Million fund. “It was a robust fundraising environment,” [Chris] Schaepe [General Partner] said. “There continues to be very good appetite within the LP community for early-stage venture capital.” Right. Early stage venture capital with a $800 Million fund. Read: Fund Envy and The Real VCs of
Venturebeat reports that Foundation Capital has raised a $750 Million new fund. The firm’s last fund was $525 million, closed two years ago. Goes back to my question: Who are the real VCs of Silicon Valley? How can you practice true venture capital if you have to put so much money to work?
We all know TechCrunch, a popular blog, a web 2.0 phenomenon, that reviews and profiles Internet companies and products. Founded on June 11 2005 by Michael Arrington, it focuses on how various companies are impacting the web. In this post, we explore the details of Arrington’s ambition.