Sequoia/venture capital: golden era of tech investing allows VC groups to get creative

Asset valuations are defying the laws of gravity. That leaves investment funds free to break the rules too. Legendary Silicon Valley venture capitalist Sequoia Capital announced this week that it had designed a “permanent capital” vehicle. The purpose of this “Sequoia Fund” is to eliminate the challenges of traditional finite funds that must return capital … Read more

InCloudCounsel raises $200M, rebrands as Ontra to expand its automation tools for contract management

A typical enterprise grapples with hundreds or thousands of agreements, contracts and other legal documents every year, and it usually engages costly legal counsel either inside or outside the company to assess those documents on their behalf. Now, a startup called InCloudCounsel that is part RPA and part BPO — it has built tools to … Read more

History lessons

Assessing the continuing impact of COVID-19, Columbia University historian Adam Tooze considers the strengths and fragilities of the interlocking systems that power the global economy.

Private children’s home providers’ prices and profits too high, says UK regulator

The UK competition regulator has said private children’s home providers are generating “significant profits” from local authorities for inadequate supply, in a stinging rebuke to the largely private equity-owned sector. In a report published on Friday, the Competition and Markets Authority raised concerns about high prices, a lack of places at children’s social care homes … Read more

Lessons from founders raising their first round in a bull market

Mahendra Ramsinghani Contributor Mahendra Ramsinghani is the founder of Secure Octane Investments, investing in cloud infrastructure and security startups. When he is not investing, he is busy writing blogs and books. His third book “The Resilient Founder” will be released in 2022. More posts by this contributor Pandemic reset leads investors to focus on resilience, … Read more

Blackstone braces for higher inflation as earnings hit record

The world’s largest alternative asset manager Blackstone is advising its private equity portfolio of about 100 companies around the world to prepare for higher inflation and continued supply chain disruptions. “We are talking to our companies now about having their supply chains closer to home, and keeping more inventory on-site,” Blackstone’s president Jonathan Gray told … Read more

Portuguese VC Faber to launch Faber Blue, a €30M fund for ocean sustainability

Portuguese VC Faber is launching a new fund, Faber Blue Pioneers I, to invest in early-stage startups – primarily from Portugal and Southern Europe – developing innovative “deep tech solutions” around ocean sustainability and climate action, The fund will have an initial target of €30 million, including funding from Portugal Blue as well as impact-driven … Read more