Lee Fixel is already raising a massive second fund

On Friday, former Tiger Global Management investor Lee Fixel registered plans for the second fund of his new investment firm, Addition, just four months after closing the first. According to a report on Friday by the Financial Times, the outfit spent last week finalizing the fundraising for the $1.4 billion fund, which Addition reportedly doesn’t […]

Are VCs cutting checks in the closing days of the 2020 election?

Before the 2016 election, Vice Ventures founder and general partner Catharine Dockery was bullish about the future of recreational cannabis in the United States. “We saw quite a bit more optimism around national legalization, with the feeling that a wave of states legalizing recreational use would be the final push needed” to see drug reform, […]

Equity Monday: Three neat venture rounds, and Alibaba’s latest

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest big news, chats about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You can […]

Menlo Ventures just closed its fifteenth early-stage fund with $500 million

Menlo Ventures, the 44-year-old venture firm with offices in Menlo Park and San Francisco, is taking the wraps of its fifteenth early-stage fund today, a vehicle it closed with $500 million in capital commitments. It’s the same amount that Menlo announced last year for a growth-stage fund, the second in the firm’s history. We talked […]

Menlo Ventures just closed its fifteenth early-stage fund with $500 million

Menlo Ventures, the 44-year-old venture firm with offices in Menlo Park and San Francisco, is taking the wraps of its fifteenth early-stage fund today, a vehicle it closed with $500 million in capital commitments. It’s the same amount that Menlo announced last year for a growth-stage fund, the second in the firm’s history. We talked […]