Ray Rothrock - VenrockRay Rothrock - Venrock

Ray Rothrock: Venture Capitalist with a Cause

Most venture capitalists embrace the career after a stint as a banker, CEO, or tech executive. Then the average tenure as a VC spans over 15 years, during which they groom two…

Read Full Article
2661041384_e8663a8ac9_z2661041384_e8663a8ac9_z

Apple Invests $1bn in Chinese Ride-Hail Giant

Apple has made a $1 billion investment in China’s ride-hailing app Didi Chuxing, in a move CEO Tim Cook said would help the company “learn more” about the Chinese market. Didi Chuxing,…

Read Full Article
15041678891_a997890b48_k15041678891_a997890b48_k

Here Are Tech’s Top 20 Salary Payers

Recruiting site Glassdoor’s recent report on America’s top-paying companies showed that tech, alongside consulting, is the country’s leading industry for high wages. No fewer than 20 of the 25 biggest payers were…

Read Full Article
BuzzFeed_LogoBuzzFeed_Logo

Buzzfeed raises $50 million funding round – Investment Round Up

Series A Plated, a meal-kit provider, has raised $15 million in Series A funding in a round led by Greycroft Partners. Formation 8, ff Venture Capital, Lerer Ventures, Great Oaks Venture Capital,…

Read Full Article
Copyright Aaron Durand (@everydaydude) for Twitter, Inc.Copyright Aaron Durand (@everydaydude) for Twitter, Inc.

Social media giants enjoy encouraging quarter

The last quarter saw strong results nearly across the board in the social media sector. Even Snapchat, neither public nor two years old, was able to latch on to the positive momentum,…

Read Full Article
doddod

Doctor on Demand raises $21m – Investment Round Up

Series A Doctor on Demand, a virtual doctor service, has raised $21 million in a Series A round led by Venrock. Shasta Ventures and angel investor Sir Richard Branson also participated. The…

Read Full Article
scytlscytl

Scytl raises additional $44m – Investment Round Up

Series A Haha Pinche, a car sharing app based in China, has raised $10 million in Series A funding, in a round led by Sequoia Capital. Innovation Works also participated in the…

Read Full Article
IPO-e1329438187372IPO-e1329438187372

IPO+M&A Watch: Mobileye, Synchrony, Apple

IPO This week’s activity in the public markets was headlined by the stock market debut of Synchrony Financial, GE’s consumer finance arm divested as a separate, public entity. Synchrony finances private label…

Read Full Article
kabamkabam

Kabam raises $120m in funding from Alibaba – Investment Round Up

Seed funding Resy, a restaurant reservations app, has raised a $2 million seed round led by Vayner/RSE and Lerer Ventures. Panarea Capital, A-Grade Holdings, Slow Ventures and Ken Austin also participated. The…

Read Full Article
Samsung Galaxy NoteSamsung Galaxy Note

Samsung suffers third straight quarter of declining profits

Samsung has posted a 20% drop in net profit in its latest earnings report. The South Korean company also announced the worst performance by its smartphone business since the second quarter of…

Read Full Article