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The Takeaway
 

Media’s Serious Cutback in Startup Investing

By Jessica E. Lessin · Mar. 09, 2018 7:01 AM PT

Last week, I argued which tech companies are most and least likely to buy media companies. It made me wonder how aggressive media companies have been in tech deal-making. So I looked at their investing patterns, and they surprised me.

Traditional media companies last year appeared to invest their smallest amount in startups since 2012, according to PitchBook. (See chart.) Companies including ...

The Private Tech Board Crisis and What to Do About It

By Jessica E. Lessin · Dec. 01, 2017 7:02 AM PT · 4 comments

Two years ago, blood testing startup Theranos began its collapse after journalist John Carreyrou revealed some of its technology was a fraud. At the time, I argued that the unraveling of the $9 billion company wasn’t just a failure of a single technology or CEO; it was a failure of the Theranos board and a wake-up call for the private tech ecosystem that prizes directors who embolden, ...