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When Lucy Guo pitched Andreessen Horowitz in 2016 on an early funding round for her company, an artificial intelligence startup called Scale, the high-powered venture capital firm passed on the deal. event will likely sell out once June arrives. Join us for $100 off today to reserve your spot at AVS before that happens.
In 2019, Guo sent a cold email to Chris Dixon, a general partner at the firm, asking again for capital, this time for a tiny VC fund she was raising alongside tech entrepreneur Dave Fontenot. Dixon agreed and lassoed his investment partner Marc Andreessen to co-write a $100,000 check from their personal funds for Guo’s Backend Capital, which has raised a total of $7 million. venture capital firm passed on the deal. event will likely sell out once June arrives. Join us for $100 off today to reserve your spot at AVS before that happens.
Startup investors like Guo—who are often referred to as superangels—have been around for years, and their microfunds have become a widely recognized part of the funding ecosystem in Silicon Valley. What’s less well known is the increasingly significant role that established venture capitalists at firms like Andreessen Horowitz are playing in providing financing to them.
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Just as professional sports is changing its schedules and dropping games and tournaments, tech related events are also being cancelled or changing dates for events. Some of the changes are noted in capchips.
Following the confirmation of two cases of coronavirus (COVID-19) in the Capital Region this past weekend, Rensselaer enacted social distancing protocols to help prevent the spread of the virus within the campus community. As a result, effective immediately, and until further notice, RPI is suspending all university-sponsored events. Unfortunately, this includes the StartUp Tech Valley meet-up series. We look forward to gathering again soon, so please watch for our announcements and keep the presenter referrals coming. |
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I, Silicon Valley has its own Capchips in the heart of the national tech economy (Silicon Valley). For those who may be interested here is an introduction to INFORMATION and superangels.