Tag: Kleiner Perkins

DoorDash is officially live in all 50 states

Hot off the heels of a $250 million funding round and a lofty $4 billion valuation, DoorDash is launching in an additional six markets. As of today, the service is live in Anchorage, Alaska; Billings, Bozeman and Missoula, Montana; Sioux Falls, South Dakota; Fargo, North Dakota; Morgantown and Huntington, West Virginia;

Report: Self-driving car startup Aurora is raising capital at a $2B valuation

Early last year, LinkedIn co-founder and prolific venture capital investor Reid Hoffman called Chris Urmson “the Henry Ford of autonomous vehicles (AV).” The vote of confidence and big check from Hoffman, coupled with a team of deeply knowledgable AV entrepreneurs, has catapulted his company, Aurora Innovation, squarely into “unicorn” territory. Aurora,

Report: Mary Meeker targets $1.25B for debut fund, called Bond

In what is clearly a missed opportunity to name her venture capital fund Money Meeker, famed venture capitalist and author of the annual Internet Trends Report Mary Meeker has informed limited partners that her firm will be called Bond, according to a report from Axios’ Dan Primack. Meeker intends to raise

Epic Games, the creator of Fortnite, banked a $3 billion profit in 2018

Epic Games had as good a year in 2018 as any company in tech. Fortnite became the world’s most popular game, growing the company’s valuation to $15 billion but it has helped the company pile up cash, too. Epic grossed a $3 billion profit for this year fuelled by the

Payment service Toss becomes Korea’s newest unicorn after raising $80M

South Korea has got its third unicorn startup after Viva Republica, the company beyond popular payment app Toss, announced it has raised an $80 million round at a valuation of $1.2 billion. This new round is led by U.S. firms Kleiner Perkins and Ribbit Capital, both of which cut their first

The Epic Games Store is now live

It’s a busy week for Epic Games . Fresh from pushing out a major season 7 update for Fortnite, so the gaming giant has taken the wraps off its own games store. First announced earlier this week, the Epic Games Store is targeted squarely at Steam — the giant in

Birth control delivery startup Nurx now offers an at-home HPV testing kit

Telemedicine startup Nurx — once dubbed the “Uber for birth control” — has launched a direct-to-consumer Human papillomavirus (HPV) testing kit. The addition means its customers can test for the most common sexually transmitted infection in the U.S. and a cause of genital warts and cervical cancer in the comfort of their

Unicorns aren’t special anymore

When Aileen Lee, the former Kleiner Perkins partner and founder of the seed-stage venture capital firm Cowboy Ventures, coined the term “unicorn” in 2013 on this very site, there were just 39 companies that had earned the title. She called them “the lucky/genius few.” Her definition: U.S. software startups launched

Mary Meeker is said to be raising up to $1.25 billion for her new growth fund

Mary Meeker, who revealed in September plans to leave Kleiner Perkins after an eight-year run with the venture firm, is reportedly looking to raise up to $1.25 billion for her debut fund. So says Business Insider, citing multiple sources. We’ve reached out to Meeker for more information. As Meeker told

All I want for Christmas are these kitschy VC trading cards

Just kidding. Please don’t buy me these collectible trading cards featuring Silicon Valley venture capitalists for Christmas. But if you are in the market for a gift for a VC — or aspiring VC — they’d probably appreciate a set. Yes, they really exist! TouchBase is selling a line of the VC trading