As big venture capital firms raise new funds this year, smaller shops are also arming themselves with capital to identify winners in their respective sectors amid a broader tech market sell-off. VMG Catalyst, a New York-based venture capital firm that invests in online retailers and commerce software startups, said on Wednesday that it has raised $400 million for its second fund. VMG...
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Meta’s Resistance to Sharing Ad Sales Starts to Crumble
For at least a year, one question has hung over Meta Platforms-owned Facebook and Instagram: whether the apps will introduce a way to share a cut of ad revenues with more creators, similar to how YouTube pays video-makers. Our story today by Sylvia and Kaya goes deep into the debate at Meta over introducing ad-revenue sharing, which some staff viewed as a slippery slope, and a parallel argument...
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Meta Insiders Debate Key Issue for Reels: Whether to Share Ad Dollars With Creators