Friday, February 1, 2019

Kleiner Perkins says it has raised a $600M fund, its first since the departure of Mary Meeker, focusing on seed, Series A, and Series B financings (Josh Constine/TechCrunch)

Josh Constine / TechCrunch:
Kleiner Perkins says it has raised a $600M fund, its first since the departure of Mary Meeker, focusing on seed, Series A, and Series B financings  —  “KP used to be a small team doing hands-on company building.  We're moving away from being this institution with multiple products …



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Elliptic: ruble-backed stablecoin A7A5 surpassed $100B in transactions in under a year, but demand cooled and daily volume fell from a peak of $1.5B+ to ~$500M (Melos Ambaye/Bloomberg)

Melos Ambaye / Bloomberg : Elliptic: ruble-backed stablecoin A7A5 surpassed $100B in transactions in under a year, but demand cooled and ...