Airbnb’s $1 Billion Bargain Is a Sign of Things to Come

Airbnb’s $1 Billion Bargain Is a Sign of Things to Come

Private equity has often found it tough to invest its $1.3 trillion of committed capital in technology companies. For all of their desire to get into the game, tech’s bubbly valuations meant private equity investors often couldn’t justify writing big checks, and some...
Private Equity Pushes for Access to Cares Act Small-Business Loans

Private Equity Pushes for Access to Cares Act Small-Business Loans

The $2 trillion Cares Act is meant to help small businesses. But one segment of this group can’t access $350 billion in loans that are meant to help them ride out the Covid-19 recession. The Association for Corporate Growth, a professional association that represents...
Zetta Venture Partners Clears Pandemic Hurdles for Biggest Fund

Zetta Venture Partners Clears Pandemic Hurdles for Biggest Fund

Zetta Venture Partners started fundraising for its third and largest fund before the coronavirus pandemic hit. Closing it during quarantines and stay-at-home orders was a challenge. Silicon Valley venture capitalists often travel the world to court investors. With its...

SoftBank Expects Nearly $17 Billion Loss on Tech-Focused Vision Fund

SoftBank Group is on track for its worst annual performance in its 39-year history as the tech conglomerate said it expected to lose nearly $17bn in its Vision Fund for the fiscal year just ended. The investment loss means the $100bn fund, the world’s biggest tech...