Investments

Investments
VC Firms Are Raising Money Like It’s 1999 (They Just Aren’t Spending It)
January 11, 2017

VC funds are currently receiving money like they were back in the days of the dot-com boom — they are just spending it a lot more carefully this time. All in all, U.S. VCs raised $41.6 billion in 2016, the biggest pick-up since 2001, according to...

Investments
Interest Rates Up, Dollar Up, What Comes Next?
January 10, 2017

Money makes the world go around, but interest rates help determine where the money goes. The past several days have seen ripple effects, well, ripple, as the economy absorbs the recent Fed rate hike, and interest rate watchers (who include, of course, people who own businesses...

Investments
Payroll Disrupting Startup Activehours Raises $22M In Venture Capital
January 10, 2017

Money is flowing into the coffers of one startup that is looking to change the way paychecks are paid. TechCrunch reported that Activehours has grabbed $22 million in Series A funding through a round led by Matrix Partners. That follows $4.1 million raised previously in...

Slack Has Now Invested In 25 Bot Startups
January 10, 2017

Eleven new bot-related startups have caught the eye of cloud-based team collaboration tool Slack, which decided to invest in them, build out its bot portfolio and keep its competitive streak up. Since just over a year ago, in Dec. 2015, when Slack launched its $80...

Investments
Resy Lands $13M In Funding Led By Partner Airbnb
January 10, 2017

Resy, the reservation booking app startup in New York, has landed $13 million in funding, which was led by Airbnb. According to a report, with the latest funding round, the company is worth around $70 million. The report noted First Data, Lerer Hippeau Ventures and RSE...

Investments
Payments Stocks Show Strong Beginning In 2017
January 09, 2017

Stocks showed a strong push to begin a shortened first week to the new year, with a relative strong performance among winners outpacing declining issues. One company had double-digit percentage returns, and several had high single-digit percentage returns, while companies that lost ground did so...

Otto Robotics To Automate Food Delivery
January 09, 2017

Through a private equity offering, Redmond, WA-based engineering startup Otto Robotics has raised $1.5 million, according to a Securities and Exchange Commission filing. Experts underscored that Otto Robotics, while maintaining a similar name, is not the company known as Otto, which is developing self-driving trucks and...

Investments
Blockchain Startup Blockstack Raises $5.3 Million To Keep Web Surfers’ Data Private
January 06, 2017

Blockstack, a New York company that develops platforms for secure, server-less apps using blockchain technology, raised $5.3 million in a round of venture capital funding. According to a report, the funding was provided by Union Square Ventures. Citing an interview the company gave to The Observer in...

Investments
Bank Stocks Run Out Of Steam
January 06, 2017

Financial stocks declined in trading on Thursday (Jan. 5), taking a break from a run-up ever since Donald Trump won the U.S. election, after the 10-year yield fell seven basis points to 2.37 percent. According to a report in Seeking Alpha, the 10-year yield was...