Page 16 - Sam Lessin News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Startup founders are taking less money at lower valuations from big VC firms. The reason: They all want the "halo effect" of long-term partnerships.

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week we were back to full strength, with Danny, Natasha and Alex joined by Chris to chat through the latest venture capital brouhaha. Namely, whether or not venture capital is about to get shaken to its core, or if we’re […]

June 9, 2021 2:46 PM PDT China’s crypto crackdown is going into overdrive. China arrested more than a thousand people for using crypto in money-laundering today. Meanwhile, China’s most popular internet services, such as Weibo and Baidu, reportedly censored crypto exchanges commonly used by Chinese traders.  Typing in the names of exchanges like Huobi, Binance and OKEx failed to yield results on websites Weibo, Zhihu and Baidu. It’s not a blanket crackdown: common crypto terms like bitcoin and ethereum did not seem to be blocked. But Chinaâ�...

Slow Ventures recently dedicated $20 million from its new funds to invest in creators.  Startup Creative Juice has also partnered with YouTube star MrBeast to back rising creators.  While investing in influencers could transform the creator economy, it's risky and complicated.  "It's finally time," Sam Lessin, a general partner at Slow Ventures, said. In a way, he's been waiting years for this moment. Over the past two decades, Lessin has launched a newsletter subscription service, experimented with equity financing for people, and helped develop Facebook's timeline. While he said many of ...

Hi friends and new readers, welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point B. Before you get to reading The Station, a small update for you. As transportation editor — a new title I gained last month — I am focused on building a team and deepening our coverage. My first task was to bring on Mark Harris, who will be writing investigative pieces as well as articles for our subscription product Extra Crunch. His first EC piece, which will publish this coming week, is a deep dive into solid-state batteries....