Cancer-fighting unicorn fetches huge price despite earlier markdown

It is one of the richest acquisitions ever involving a venture-backed company and it comes at a time when startups with rich valuations are getting questioned and marked down. Read more »

Millennial Matters - Great, something else to worry about

8 things I'm doing to spot fake LinkedIn profiles (especially my own)

by Caitlin Hendee Fake LinkedIn profile

DENVER—The use of fake LinkedIn profiles by hackers who leverage them to gather personal data and gain access to business professionals' computers is on the rise.

In fact, a recent report conducted by Mountain View, California-based security firm Symantec uncovered dozens of fake accounts on the Mountain View, California-based social network (NYSE: LNKD), some with 500+ contacts or more.

And  ...

8 hours ago
Loot - Food 2.0

Food innovation industry could spur venture capital investment in Hawaii

by Kathleen Gallagher Ala Moana Food Court

HONOLULU—Food entrepreneurship is growing in Hawaii and could bring venture capital to the Aloha State, members of a Hawaii Venture Capital Association panel said on Wednesday.

Funding into agriculture and food ventures hit $4.6 billion in 2015, nearly double the $2.36 billion in 2014, according to AgFunder, a reporting and support service for entrepreneurs in the food sector.

“We are seeing  ...

9 hours ago
Advice - How to: Human Resources

8 questions to ask yourself before volunteering

by Harvey Mackay 8 reasons you should volunteer

Years ago, my father sat me down and gave me what was some of the best advice I have ever received. It had nothing to do with making money, but everything to do with getting ahead in the world. It was self-help advice that really focused on helping others.

He told me I would never have any trouble finding opportunities. And he told me that 20 percent to 25 percent of my time should be  ...

10 hours ago
Startups - Where's the exit?

Why more techies plan to leave their jobs

by Annie Gaus Tech Workers, SOMA, 2014

SAN FRANCISCO—Companies in the tech industry may be facing a higher turnover risk this year– at least according to a recent survey by TINYpulse, a firm that conducts employee reviews and satisfaction surveys.

The survey found that out of every 10 employees surveyed, 7.95 said that they expected to be at the same company in one year, representing a decline of .54 points since April 2015. Tech  ...

10 hours ago
Hatched - Accelerator Inc.

Have a unicorn hangover? These 4 new accelerators show strong startup appetite

by Kent Bernhard Jr HTC launching VR startup accelerator

While there’s plenty of justifiable hand-wringing about the hobbling of the unicorn herd of $1 billion-plus startups, that hasn’t slowed the proliferation of accelerators, as a look at just the past couple days shows.

These accelerators are popping up in several locations, and are tapping into the deep pockets and experience of entrepreneurs and giant companies to spin out the kind of  ...

10 hours ago
Media - If the shoe fits

Instinct or luck? Kevin Plank explains how Under Armour picked Steph Curry before he was a superstar (Video) (Video)

by Tina Reed

WASHINGTON—There's no perfect formula for picking an athlete to endorse a brand — and plenty of ways those endorsement deals can go south.

But in recent years, Baltimore-based sports apparel company Under Armour Inc. (NYSE: UA) seems to have had a magic touch when it comes to selecting up-and-coming athletes on the cusp of success.

From NBA basketball player Steph Curry of the Golden State  ...

11 hours ago
Loot - VC to the rescue!

Menlo Ventures raises $250M for startups stranded in sudden 'venture valley'

by Cromwell Schubarth Venky Ganesan of Menlo Ventures

SILICON VALLEY—Menlo Ventures has raised $250 million in its first special purpose fund in its 40-year history, targeted at helping early stage startups that are being stranded by a sudden slowdown in funding over the past two quarters.

"We believe there is a venture valley in the investment landscape that looks like a barbell," Menlo Managing Director Venky Ganesan told me. "There is a lot of  ...

12 hours ago
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Tech Earnings in Review: Amazon, Apple, Facebook, Twitter

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Menlo Ventures raises $250M for startups stranded in sudden 'venture valley'

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