On Monday, freshly minted Alphabet CEO Sundar Pichai, said CalTech professor and Nobel Prize winner Frances Arnold would become the company’s newest board member. “Frances brings incredible academic and industry expertise with a career spanning chemistry, engineering, renewable energy and more—and a Nobel Prize in Chemistry,” Pichai said in his tweet announcing the appointment. She’ll be the...
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Alexis Ohanian Venture Fund Plots $776 Million in New Funds
Seven Seven Six, the venture capital fund launched by Reddit co-founder Alexis Ohanian in 2020, plans to raise $776 million for two new funds, according to investment documents viewed by The Information. The planned fundraising is more than 50% bigger than what it raised last year and will test investor appetite for bigger funds during a tough environment. The Palm Beach, Fla.-based firm had an...
Affirm Cuts 19% of Staff, Pulls the Plug on Crypto Service
Robinhood Reports 5% Jump in Revenue, Plans Share Buyback From Bankman-Fried
Former Salesforce Co-CEO to Launch AI Startup With Google Veteran
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