Silicon Valley

Sequoia Capital Reportedly Downsizes 2 Major Funds
Sequoia Capital Reportedly Downsizes 2 Major Funds
July 27, 2023  |  Investments

Silicon Valley venture firm Sequoia Capital has reportedly downsized two major funds due to the downturn in the startup market. In a move reflecting the changes...

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Cash-Strapped Tech Startups Seek Acquisitions to Stay Afloat
Cash-Strapped Tech Startups Seek Acquisitions to Stay Afloat
July 14, 2023  |  Acquisitions

Cash-strapped tech startups facing a financing crunch are increasingly seeking to sell themselves to larger companies, launching a wave of takeovers of popular artificial intelligence...

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Private Equity Funds Regroup as Debt Financing Dries Up
Private Equity Funds Regroup as Debt Financing Dries Up
December 22, 2022  |  Investments

Private equity funds are seeking new ways to close deals as debt financing becomes scarce. That’s according to a Thursday (Dec. 22) report from Reuters,...

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Google’s Parent Alphabet Pursues Broader Drone Rights For Wing
Google’s Parent Alphabet Pursues Broader Drone Rights For Wing
April 23, 2021  |  Delivery

Alphabet subsidiary Wing is looking to expand its delivery drone operations to allow flight control from a central command hub, Bloomberg reported on Friday (April...

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Remote Tech Employees Face Pay Cuts In San Francisco
Remote Tech Employees Face Pay Cuts In San Francisco
October 11, 2020  |  Personnel

Some Silicon Valley companies are suggesting workers who relocate to remote locations should have their pay reduced to reflect their new lower costs of living...

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Tech Startups Trade Lofty Valuations For Funding
Tech Startups Trade Lofty Valuations For Funding
May 03, 2020  |  Startups

San Francisco tech startup founders are accepting tougher funding terms — if they can even get any money — as many announce layoffs, cuts and...

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VCs Push Pause On Startup Funding
VCs Push Pause On Startup Funding
March 19, 2020  |  Coronavirus

Silicon Valley deals have reportedly been temporarily halted with a lack of certainty surrounding COVID-19, the disease caused by the coronavirus, according to a report...

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Chinese Tech Investments In US Plummet
Chinese Tech Investments In US Plummet
February 10, 2020  |  Investments

eCommerce giant Alibaba  — China’s largest tech firm — was among other Chinese investors that skipped past the U.S. in 2019, The Financial Times (FT)...

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Silicon Valley Investor Aims To Create Tech Hub In Maine
Silicon Valley Investor Aims To Create Tech Hub In Maine
January 28, 2020  |  Innovation

A new research institute in Portland, Maine, is intended to electrify the local economy and provide a hub for multiple career fields outside of the...

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