"The venture capital industry as an industry is contracting." This is what Warburg-Pincus Senior Adviser and tech investor Bill Janeway told Forbes Contributor Igor Stenmark in an interview.
Industry
Console market faces contraction
The console market is apparently facing a substantial decline based on North American console sales from January 2007 and that of January 2014, TechCrunch reported.
Google's Eric Schmidt proposes three solutions to inequality in democracies
Google Executive Chairman Eric Schmidt said Google was very worried about the growing inequality in democracies, particularly San Francisco, and proposed three solutions to address the issue, TechCrunch reported.
Tighter regulations await crowdfunding sector in UK to facilitate transparency and investor protection
The loan-based crowdfuning sector of the UK will be subject to stricter regulations by the UK's Financial Conduct Authority to safeguard the interests of investors and make it more transparent, the Yorkshire Post reported.
New York startups secure close to $1.3B in venture capital investments for first quarter this year
Venture capital investment in New York City for the first quarter of 2014 has reached a record of $1.3 billion to date, with startups in the Big Apple raising nearly $200 million in the past two days alone, TechCrunch reported.
Latest News
New Zealand Venture Investment Fund Chief Executive Officer Franceska Banga thinks that the rule change permitting equity crowdfunding in New Zealand is a positive development, Fairfax NZ News reported.
XLMedia, the digital media firm that brings traffic for online gaming sites, intends to secure $40 million in a London stock market flotation, the Financial Times reported.
The said failure of PCI standards is not the reason why payment card data breaches are taking place. Rather, it's the attitude of the people, according to Christian Janoff, a Security Solution Architect of Cisco Systems, in his VentureBeat guest post.
Technology firms Prezi and Adobe are the two latest supporters of President Barack Obama's ConnectED Initiative which seeks to bring American education in step with modern technologies.
In her testimony before the Senate Banking Committee, Federal Reserve Chair Janet Yellen said that the Fed does not possess any authority to supervise the Bitcoin, The Wall Street Journal blog MoneyBeat reported.
Private equity fund managers are employing approaches other than traditional buyouts so they can avoid overpaying for Western companies as competition pushes valuations higher, Reuters reported.
After years of putting young firms at the backseat, more corporations are now financing early stage startups in the technology space through accelerator programs, TechCrunch reported.
Alternative lenders are filling in the shoes of commercial banks in Europe that have reduced lending, allowing small firms to still raise funds, Bloomberg reported.
Investors of large consumer food companies want them to take bolder action than just merely cutting costs as their smaller competitors take on risks and increase market share, Reuters reported.
