Venture capital firm Ten Eleven Ventures closed a $600 million fund to invest in cybersecurity startups this week, bringing the firm’s total assets under management to more than $1 billion. Founded in 2014, Ten Eleven Ventures was one of the first VC firms dedicated to backing cybersecurity startups. More recently, investments in cybersecurity have reached a fever pitch as businesses ramp up...
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Creator Economy startups
The Lessons From MasterClass
Paris here. Yesterday, we published a story about MasterClass’ post-pandemic woes. MasterClass, like many startups, spent wildly when times were good, then got caught flatfooted when its pandemic-era gains didn’t continue. Its evolution says something about the position many creator economy darlings now find themselves in. For a while, it had seemed like MasterClass could be the poster...
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