Seed-stage companies are struggling to close new financings amid the coronavirus outbreak, according to data firm PitchBook’s new report on venture capital activity. From March to June, there were just 316 first-time financings, down from last year’s quarterly average of 650. Late-stage VC remained strong, however. There were more completed late-stage deals than early-stage deals in Q2,...
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Microsoft Might Keep Losing in Search and Still Win
Could Microsoft win even if it loses in the next chapter of internet search? That was the question running through my head at an event in Redmond, Wash., earlier today, where Microsoft confirmed reporting from The Information and others when it announced it will remake its Bing search engine using artificial intelligence technology from OpenAI. The new and improved...
Goldman Sachs Asset Management Closes $5.2 Billion Growth Fund
Twitter’s Head of Revenue Strategy & Operations Departs
Meta Beginning Effort to Trim Managerial Ranks
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