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Top related persons:
Rex Salisbury - 3 Michael Vaughn - 2 Jon Pomerantz - 2 Vera Equity - 2 Dori Yona - 2 SimpleClosure - 2 Yona - 2 VCs - 1
Top related locs:
fintech San Francisco Presidio San Francisco Bay San Francisco's There's Sand Silicon Valley
Top related orgs:
Cambrian Ventures - 2 Business - 1 PayPal - 1 SimpleClosure - 1 Carta - 1 Wednesday - 1 IRS - 1 FRANCISCO - 1

Search resuls for: "Cambrian Venture"


7 mentions found


☆ SimpleClosure just landed more VC funding, and its a sign that another wave of startup shutdowns is likely on the way
  + stars: | 2024-02-27 | by ( Samantha Stokes | ) www.businessinsider.com   time to read: +4 min
Infinity Ventures's Jeremy Jonker, former head of corporate development and PayPal Ventures at PayPal, led the most recent funding round, joining investors including Michael Vaughn and Jon Pomerantz of Vera Equity and Rex Salisbury of Cambrian Ventures. "It's been sign up after sign up after sign up," he told Business Insider in an interview. SimpleClosure's funding round comes as more startups than ever are shutting down thanks to a tech-market downturn that's left plenty of companies in the lurch. 770 startups shut down in 2023, up from 467 the year before, according to data from cap-table management startup Carta. "More than half of our customers have been entrepreneurs who are already starting their next company," Yona said.
Persons: VCs, Jeremy Jonker, Michael Vaughn, Jon Pomerantz, Vera Equity, Rex Salisbury, Dori Yona, SimpleClosure, Yona, he's, couldn't, doesn't, there's, We've, what's Organizations: Business, PayPal, Cambrian Ventures, SimpleClosure, Carta Locations: fintech
☆ Meet the AI company that just raised $1.5 million from investors like Rex Salisbury by betting big on the startup 'mass extinction event'
  + stars: | 2023-09-06 | by ( Samantha Stokes | ) www.businessinsider.com   time to read: +4 min
SimpleClosure just raised a $1.5 million pre-seed funding round from Rex Salisbury and Vera Equity. The startup uses AI to automate the legal and procedural tasks for when a startup shuts down. The startup industry is predicted to be on the brink of a 'mass extinction event.' The numbers weren't looking good for the fintech startup, so one of the investors asked him to write a shutdown proposal. And when a business shuts down, incorrect winding-down procedures can add insult to injury in the form of fines, fees, and mistakes that can also affect customers and investors.
Persons: SimpleClosure, Rex Salisbury, Vera Equity, Earny, Dori Yona, Yona, Michael Vaughn, Jon Pomerantz, haven't Organizations: Wednesday, Cambrian Ventures, IRS Locations: fintech
☆ San Francisco's new venture capital hotspot: The Presidio
  + stars: | 2023-07-08 | by ( Krystal Hu | Thomson Reuters | Krystal Reports On Venture Capital | ) www.reuters.com   time to read: +7 min
SAN FRANCISCO, July 8 (Reuters) - Venture capital firm Headline used to be in one of San Francisco's most eye-catching skyscrapers: the pyramidal Transamerica building that has defined the skyline for decades. Venture capital firms are increasingly joining retailers and other businesses in finding homes outside downtown San Francisco. [1/5]People enjoy the afternoon in Presidio, a former military base-turned-national park in San Francisco California, U.S., July 7, 2023. They're actually really excited," said Eurie Kim, whose venture firm Forerunner left downtown for the Presidio in early 2022. "Mayor Breed continues to implement strategic initiatives to help stabilize existing businesses and recruit new ones as part of her Roadmap to Downtown San Francisco's Future plan.
Persons: Mathias Schilling, Schilling, Rex Salisbury, Carlos Barria, They're, Eurie Kim, CBRE, Lisa Petrie, Jon Rehagen, Molly Martell, San Francisco Mayor London Breed, Breed, Colin Yasukochi, Krystal Hu, Peter Henderson, Rosalba O'Brien Organizations: FRANCISCO, Venture, Employees, Presidio, Westfield, San, Felicis Ventures, Forerunner Ventures, Letterman, Cambrian Venture, San Francisco Bay Area, REUTERS, Presidio Trust, Lucasfilm, Walt Disney Family Museum, Catalyst, Brand, San Francisco Mayor London, Downtown San, CBRE's Tech, Thomson Locations: San Francisco, Presidio, San Francisco Bay, San Francisco's, There's, Sand, Silicon Valley, South, downtown San Francisco, San Francisco California, U.S, Marin, San Francisco ., South Park, Downtown
☆ Silicon Valley Bank was the bank for tech. Its collapse is everyone's problem.
  + stars: | 2023-03-17 | by ( Kali Hays | Bianca Chan | Darius Rafieyan | ) www.businessinsider.com   time to read: +13 min
Employees have been working around the clock to onboard as many startups as possible in the wake of the implosion of Silicon Valley Bank. Silicon Valley Bank, which had more than $175 billion in deposits and served nearly half of US VC-backed startups, was taken over by US regulators on March 10. "That said, I am worried that this bias towards a Big Four bank is a double-edged sword," Shekar added. "SVB did not think like a big bank. They could understand your operating plan when a big bank would balk at it," Ashley Tyrner, CEO and founder of FarmBoxRX, told Insider.
☆ Here's the 8-page pitch deck that a startup helping government contractors navigate subcontractor compliance used to raise $2.5 million
  + stars: | 2023-03-09 | by ( Paige Hagy | ) www.businessinsider.com   time to read: +4 min
GovForce is a software startup that helps government contractors with compliance. GovForce used this 8-page pitch deck to raise a $2.5 million seed round. This software startup is helping government contractors keep tabs on the companies it outsources work to. GovForce offers government contractors software that allows them to continually monitor the compliance of its subcontractors through a dashboard. Read the 8-page pitch deck GovForce used to raise a $2.5 million seed round.
☆ 71 top VCs landed on Insider's 2022 list of investors to watch. Here's what they're looking for in startups to back in 2023
  + stars: | 2022-12-27 | by ( Madeline Renbarger | Stephanie Palazzolo | Darius Rafieyan | ) www.businessinsider.com   time to read: +2 min
Despite a tumultuous market for startup investing, VCs still landed top deals at hot startups. Behind these successes were the smart and savvy rising-star VCs working to transform the industry. Here are some of the rising stars of venture capital who are names to watch in 2023. Insider asked the VCs we named in last year's rising-stars list and the general public to nominate this year's most promising venture investors. For instance, OMERS Ventures' Chrissy Farr made the jump to healthtech investing after working as a journalist covering the venture industry for CNBC.
☆ How fintech super-connector Rex Salisbury went from A16Z's first fintech team hire to solo capitalist with a $20 million debut fund
  + stars: | 2022-10-31 | by ( Melia Russell | ) www.businessinsider.com   time to read: +4 min
Salisbury's deal flow comes from a community of fintech founders he's cultivated over the years. That surprised Salisbury, the lone partner at new fintech firm Cambrian Ventures, given that he'd never met the OatFi founders before. Though, Salisbury defied the first-time fund manager's curse when he closed $20 million for his inaugural fund in June. "I want people to have gotten value in some sense before we invest, or even if we never invest," Salisbury told Insider. When Salisbury left the firm, he took a part of the brand with him.
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