This leading venture capitalist has invested nearly 20% of his fund in startups run by teens — here’s the rationale

This leading venture capitalist has invested nearly 20% of his fund in startups run by teens — here’s the rationale

Kevin Hartz is often an early adopter. He co-created Xoom in 2001, when international money transfers meant physically waiting at Western Union. The company went public in 2013, and in 2015, PayPal acquired it for $1.1 billion. Four years after starting Xoom, he co-founded Eventbrite, which went public in 2018 and transformed event ticket purchasing…

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Deel achieves a $17.3B valuation, securing $300M in funding from prominent venture capital firms.

Deel achieves a $17.3B valuation, securing $300M in funding from prominent venture capital firms.

Despite the corporate spying lawsuit between payroll giants Deel and Rippling being quite the spectacle for the tech world, prominent VCs don’t seem overly concerned. Deel revealed on Thursday a $300 million Series E funding round, co-led by top fintech VC Ribbit Capital and Andreessen Horowitz, along with participation from previous investors like Coatue Management…

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As AI data centers hit power limits, Peak XV backs Indian startup C2i to fix the bottleneck

As AI data centers hit power limits, Peak XV backs Indian startup C2i to fix the bottleneck

Power, rather than compute, is fast becoming the limiting factor in scaling AI data centers. That shift has prompted Peak XV Partners to back C2i Semiconductors, an Indian startup building plug-and-play, system-level power solutions designed to cut energy losses and improve the economics of large-scale AI infrastructure. C2i (which stands for control conversion and intelligence)…

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