tldrdaily.news logo
Tag

Venture Capitalists

All articles tagged with #venture capitalists

technology1 year ago

"Venture Capitalists in Silicon Valley Divorce China Amid Growing Tensions"

Silicon Valley venture capitalists are shifting away from investing in Chinese start-ups due to the tense relationship between the United States and China, with some firms separating their Chinese operations from their American business and others declining to make new investments there. This shift comes as the countries engage in a trade war and enact restrictions on investments in sensitive sectors, leading to a reevaluation of investment strategies by U.S. venture capital firms.

via The New York Times|
#china#investment#silicon-valley
technology2 years ago

"VCs Embrace AI Chips as Startups Seek Cutting-Edge Technology"

Venture capitalists are leveraging their connections with major cloud firms like Amazon, Microsoft, and Google to attract AI startups. By offering access to hard-to-obtain graphics processing units (GPUs) for developing AI software, VC partners such as Greylock Partners and Bessemer Venture Partners are gaining an edge in securing investments. Some firms have even purchased thousands of GPUs to provide their portfolio companies with the necessary hardware.

via The Information|
#ai-chips#cloud-firms#graphics-processing-units
business2 years ago

Biden's Executive Order Targets Chinese VC Firms and Supply Chains

President Biden's recent executive order restricting American investments in China could impact Chinese investment firms whose leaders are U.S. citizens or green-card holders. The order prohibits U.S. citizens and permanent residents from investing in sensitive technology areas crucial to China's military and intelligence sectors, including semiconductors, quantum computing, and artificial intelligence.

via The Information|
#business#china#executive-order
finance2 years ago

Warren and AOC Investigate Silicon Valley Bank Depositors' Ties.

Senator Elizabeth Warren and Representative Alexandria Ocasio-Cortez have sent letters to 14 of the largest depositors with Silicon Valley Bank, raising concerns over the failed bank's relationship with some of the venture capitalists and tech founders who made up much of its customer base. The lawmakers asked questions about the nature of their connections with SVB, including the length of their relationship and the amount of money they had deposited with the bank. SVB was the biggest US bank failure in more than a decade, and its collapse triggered a backstop by the federal government.

via Yahoo Finance|
#alexandria-ocasio-cortez#bank-failure#elizabeth-warren
finance2 years ago

Warren and AOC demand SVB depositors disclose bank connections.

Senator Elizabeth Warren and Representative Alexandria Ocasio-Cortez sent letters to 14 of the largest depositors with Silicon Valley Bank, raising concerns over the failed bank's relationship with some of the venture capitalists and tech founders who made up much of its customer base. The lawmakers asked questions about the nature of their connections with SVB and whether board members, executives or investors had received special benefits. SVB was the biggest US bank failure in more than a decade, triggering a backstop by the federal government.

via Yahoo News|
#alexandria-ocasio-cortez#bank-failure#elizabeth-warren
finance2 years ago

Silicon Valley Bank's New CEO Sends Clear Message to Employees and Investors

The new CEO of Silicon Valley Bank, Tim Mayopoulos, reassured employees that the bank was open for business and had resumed many of its usual business activities after the FDIC took control of the bank on Friday. Mayopoulos said that the bank could still be acquired but that he saw value in it continuing on its own. Venture capitalists, who make up a significant part of the company's business, had expressed support for the bank in meetings.

via NBC News|
#business-activities#fdic#finance