Business & Tech OpenAI Raises All-Time Record Largest VC Round Ever, But Still Hemorrhaging Money Like Mad Is it a “success” when your company rakes in an all-time record $6.6 billion venture capital round, but expects to lose nearly that same amount of money this year? Welcome to SF’s new AI economy, where OpenAI just raised the largest VC round of all time.
SF News Mystery Buyer Who’s Bought Nearly a Block of Fillmore Street — Including the Defunct Clay Theatre — May Be Identified The Chronicle may have solved the riddle of the mystery buyer who bought the old Clay Theatre and five other buildings on the same block, and unsurprisingly, the person appears to be a wealthy venture capitalist.
SF News Google Ventures, Other VC Firms Invest $120 Million In $700 Wi-Fi Enabled Juice Machine Silicon Valley may well be running out of juice, as streams of venture capital dry up and some San Franciscans root for a cooling-off period. But investors like Google Ventures (GV, as it's
SF News Report: Flood Of Venture Capital Funding Is To Blame For High Rents San Francisco rent is sky-high. San Francisco also receives gobs of the nation's share of venture capital dollars. Coincidence? Zumper, itself a venture-backed real estate website aimed at apartment seekers and renters, thinks
SF News Report: Venture Capitalist Confidence Hits Two-Year Low, High Valuations And Pointless Startups Blamed Just a week after it was reported that venture capitalists were putting more money into startups than ever before, we're hearing that VCs might now be having second thoughts on the matter, and
SF News Shut Your Bubble-Talking Mouth, Says Silicon Valley VC Firm Hey, maybe those blissful bubble parties at Dolores Park knew something that we didn't! According to venture capital firm Andreessen Horowitz, there isn't a bubble, after all! EVERYTHING IS FINE KEEP SPENDING MONEY.
SF News Rich Guy Claims Uber And Airbnb Will Make Us Rich, Too Marc Andreessen, the cofounder and partner of Silicon Valley VC firm Andreessen Horowitz, has an estimated net worth of $600 million bucks. Despite the busy schedule he must have managing all that money
SF News Uber Investor: The Bay Area Bubble Will Pop This Year, And More Than Tech Will Suffer Less than two weeks after investor Mark Cuban warned us all that the Silicon Valley sky is getting ready to fall, another VC is making similar predictions: that the Bay Area is in
SF News Underwear-Sniffing San Francisco VC Settles Ugly Sexual Harassment Suit No workplace where the words "anal bleaching" are mentioned publicly can be a safe or sane workplace. A lawsuit over that, and a bevy of other comments including inquiries into female executive assistants'
Arts & Entertainment Rich Idiot Brings His Tale Of Struggle, Oppression To Commonwealth Club This Week Affluenza sufferer Tom Perkins made headlines in January for penning one of the dipshittiest op-ed pieces in print publication history. And now you can hear him live and in-person! "From the Occupy movement
