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Binary Capital
Binary Capital is an early stage venture capital firm based in San Francisco. The firm focuses on early-stage consumer technology companies. The founders' previous investment experience included roles at General Catalyst Partners, Benchmark Capital, Lightspeed Venture Partners, and Bain Capital Ventures. Binary's first fund managed $125 million. Their second fund was slated to manage $175 million, although in the wake of co-founder Justin Caldbeck's sexual harassment scandal, the fund's limited partners voted to shut it down. In June 2017, Caldbeck took an indefinite leave of absence following allegations of unwanted sexual advances by several female startup founders. The firm issued the following statement, as reported by The Information. In a statement, Mr. Caldbeck said, ''“I strongly deny The Information’s attacks on my character. The fact is, I have always enjoyed respectful relationships with female founders, business partners, and investors.” '' Binary issued a sta ...
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Limited Liability Company
A limited liability company (LLC for short) is the US-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. An LLC is not a corporation under state law; it is a legal form of a company that provides limited liability to its owners in many jurisdictions. LLCs are well known for the flexibility that they provide to business owners; depending on the situation, an LLC may elect to use corporate tax rules instead of being treated as a partnership, and, under certain circumstances, LLCs may be organized as not-for-profit. In certain U.S. states (for example, Texas), businesses that provide professional services requiring a state professional license, such as legal or medical services, may not be allowed to form an LLC but may be required to form a similar entity called a professional limited liability company (PLLC). An LLC is a hybrid ...
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Reid Hoffman
Reid Garrett Hoffman (born August 5, 1967) is an American internet entrepreneur, venture capitalist, podcaster, and author. Hoffman was the co-founder and executive chairman of LinkedIn, a business-oriented social network used primarily for professional networking. He is currently a partner at the venture capital firm Greylock Partners and a co-founder of Inflection AI. On the ''Forbes'' 2021 list of the world's billionaires, Hoffman was ranked #1580 with a net worth of US$2.4 billion. Early life and education His paternal great-great-great-grandfather was Theophilus Adam Wylie, a Christian Presbyterian minister and Indiana University president pro tempore.Louise Wylie Hoffman
Losaltosonline.com (October 15, 2013). Retrieved on 2013-10-23.
Hoffman's uncle Eric Hoffman is a writer. ...
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Venture Capital Firms Of The United States
Venture may refer to: Arts and entertainment Music *The Ventures, an American instrumental rock band formed in 1958 *"A Venture", 1971 song by the band Yes *''Venture'', a 2010 EP by AJR Games * ''Venture'' (video game), a 1981 arcade game *''Venture'', a strategic card game by Sid Sackson Film * SS ''Venture'', a ship in ''King Kong'' and its 2005 remake * SS ''Venture'', an InGen-owned ship featured in '' The Lost World: Jurassic Park'' Other uses * ''Venture'' (TV series), a Canadian business television show Magazines * ''Venture Science Fiction'', defunct US science fiction magazine * ''Venture'' (magazine), a management magazine Business * Business venture * Venture (department store), a defunct discount department store operating across Australia * Venture Corporation, a Singapore firm * Venture Stores, a former retail chain Transportation * Chevrolet Venture, a General Motors minivan * Yamaha Venture, Yamaha touring motorcycles * Siemens Venture, ...
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Financial Services Companies Disestablished In 2017
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessment ...
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Financial Services Companies Established In 2014
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessment ...
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Bloomberg L
Bloomberg may refer to: People * Daniel J. Bloomberg (1905–1984), audio engineer * Georgina Bloomberg (born 1983), professional equestrian * Michael Bloomberg (born 1942), American businessman and founder of Bloomberg L.P.; politician and mayor of New York City (2002–2013) * Ramon Bloomberg (born 1972), American artist and film director Other uses * Bloomberg L.P., financial news and media company founded by Michael Bloomberg ** Bloomberg News, a news agency ** ''Bloomberg Businessweek'', weekly business magazine and website ** '' Bloomberg Markets,'' a monthly financial magazine ** Bloomberg Radio, a business radio network ** Bloomberg Television Bloomberg Television (on-air as Bloomberg) is an American-based pay television network focusing on business and capital market programming, owned by Bloomberg L.P. It is distributed globally, reaching over 310 million homes worldwide. It is hea ..., a business news channel *** Bloomberg TV Canada *** Bloomberg TV Philip ...
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Lowercase Capital
Lowercase Capital is an American venture capital firm that provided seed and early stage funding for a number of successful startups including Twitter, Twilio, Kickstarter, Uber, Instagram, and Stripe. It raised over $1 billion in capital and sources claim a return of at least $5 billion to its investors. History Lowercase was founded by Chris Sacca in May 2010 with commitments of $8.5 million from limited partners including Richard Branson and Eric Schmidt. One of the firm's marquee investments was an investment in pre-IPO Twitter, which contributed to more than 1,500% growth in Lowercase's funds, returning approximately “$5 billion to investors.” Fortune has speculated that Lowercase Ventures Fund I, with holdings in Uber, Docker, and Optimizely is the best-performing fund of all time from a return multiple perspective. Founder Chris Sacca refers to himself as the “proprietor” of Lowercase. In the context of his work at Lowercase, he has been credited by Fo ...
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Matt Mazzeo
Matt may refer to: *Matt (name), people with the given name ''Matt'' or Matthew, meaning "gift from God", or the surname Matt *In British English, of a surface: having a non-glossy finish, see gloss (material appearance) *Matt, Switzerland, a municipality *"Matt", the cartoon by Matthew Pritchett in the UK ''Telegraph'' newspapers See also * Maat (other) * MAT (other) * Mat (other) * Matte (other) * Matthew (name) * Mutt (other) A mutt is a mongrel (a dog of unknown ancestry). Mutt may also refer to: People * Mutt, a derogatory term for mixed-race people Nickname * Larry Black (sprinter) (1951-2006), American sprinter * Mutt Carey (1886–1948), New Orleans jazz trumpe ...
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Medium (website)
Medium is an American online publishing platform developed by Evan Williams and launched in August 2012. It is owned by A Medium Corporation. The platform is an example of social journalism, having a hybrid collection of amateur and professional people and publications, or exclusive blogs or publishers on Medium, and is regularly regarded as a blog host. Williams, previously co-founder of Blogger and Twitter, initially developed Medium as a means to publish writings and documents longer than Twitter's 140-character (now 280-character) maximum. In March 2021, Medium announced a change in its publishing strategy and business model. The change is to its mix of paid journalists working on its own publications – this will be proportionally reduced – versus its support of independent writers, which will increase. History 2012 (launched) - 2016 Evan Williams, Twitter co-founder and former CEO, created Medium to encourage users to create posts longer than the then 140-characte ...
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LinkedIn
LinkedIn () is an American business and employment-oriented online service that operates via websites and mobile apps. Launched on May 5, 2003, the platform is primarily used for professional networking and career development, and allows job seekers to post their CVs and employers to post jobs. From 2015 most of the company's revenue came from selling access to information about its members to recruiters and sales professionals. Since December 2016, it has been a wholly owned subsidiary of Microsoft. LinkedIn has 830+ million registered members from over 200 countries and territories. LinkedIn allows members (both workers and employers) to create profiles and connect with each other in an online social network which may represent real-world professional relationships. Members can invite anyone (whether an existing member or not) to become a connection. LinkedIn can also be used to organize offline events, join groups, write articles, publish job postings, post photos and vide ...
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The Information (company)
''The Information'', legally the Lessin Media Company, is an American technology industry-focused business publication headquartered in San Francisco. Founded in 2013 by journalist Jessica Lessin, the publication publishes content behind a paywall that allows subscribers access to the site and access to global networking events. Lessin has stated that she aims to "build the next ''Wall Street Journal'' over the next 50 years" with the publication. History and operations Jessica Lessin, a former reporter for ''The Wall Street Journal'', founded ''The Information'' as a subscription-based news website marketed to technology-sector executives in December 2013. Lessin later formed an advisory board which included venture capitalist John Doerr, ''Politico'' co-founder Jim VandeHei, and ''ProPublica'' executive chairman Paul Steiger. Lessin has stated that she wants ''The Information'' to eventually reach the point where it is spending more than either ''The Wall Street Journal' ...
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Venture Capital
Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to start-up company, startups, early-stage, and emerging companies that have been deemed to have high growth potential or which have demonstrated high growth (in terms of number of employees, annual revenue, scale of operations, etc). Venture capital firms or funds invest in these early-stage companies in exchange for Equity (finance), equity, or an ownership stake. Venture capitalists take on the risk of financing risky Startup company, start-ups in the hopes that some of the firms they support will become successful. Because Startup company, startups face high uncertainty, VC investments have high rates of failure. The start-ups are usually based on an innovation, innovative technology or business model and they are usually from high technology industries, such as information technology (IT), clean technology or biotechnology. The typical venture c ...
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