Ronny Conway closed his early-stage fund targeted at relieving the Series A crunch for startups. The size of the fund was $51 million, TechCrunch reported citing a filing with the Securities and Exchange Commission.
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Ottawa musician Jill Zmud includes husband Alan Neal, CBC Radio host, as part of crowdfunding incentive- report
Jill Zmud, a musician from Ottawa, has launched a crowdfunding campaign for her new album on indiegogo and her perks to get donors to give their donations include her husband, CBC Radio host Alan Neal, the Ottawa Citizen reported.
Feds arrests San Francisco's startup Motionloft founder Jon Mills
The Federal Bureau of Investigation (FBI) confirmed that they arrested Jon Miller, the founder of San Francisco, US-based real-world analytics startup Motionloft, in connection with a false claim about an acquisition of the firm.
Russia-based Renaissance Capital Holdings Ltd appoints Robert Lamprecht as CEO of South Africa
Robert Lamprecht has been named as the South Africa Chief Executive Officer of Renaissance Capital Holdings, a Russia-based investment bank. He replaces Clifford Sacks who now serves as the firm's South Africa Chairman, Bloomberg reported.
Jim Rudnick launches Hamilton, Ontario-focused crowdfunding site
KKT Interactive owner and Snap-pay.com co-founder Jim Rudnick has introduced a crowdfunding site which intends to help entrepreneurs in Hamilton, Ontario, The Hamilton Spectator reported.
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Peter Hamilton, the Chief Executive Officer of HasOffers, has told Facebook that they deserve a second chance after they were removed as a partner for not adhering to the social media firm's data collection and sharing rules, VentureBeat reported.
Marc Andreessen, venture capitalist and founder of Netscape, is optimistic that tech is already recovering from the 2008 financial crisis and that it has decades of growth ahead, TechCrunch reported.
After selling Mt. Gox to French entrepreneurs in 2011, the Bitcoin exchange's original creator Jed McCaleb is already working on another Bitcoin-related project.
Governor Raghuram Rajan of the Reserve Bank of India has reiterated concerns about the stability and credibility of virtual currencies like the Bitcoin, TechCrunch reported.
PayPal President David Marcus berated employees in its headquarters in San Jose, California for not patronizing their own products, telling them to quit if they insist on doing so, VentureBeat reported.
NBA legend Earvin “Magic” Johnson, together with Los Angeles Dodgers controlling owner Mark Walter, have become the new owners of women’s basketball team LA Sparks.
Former LA Galaxy soccer star David Beckham reportedly sought help from Qatar Sports Investment (QSI) in funding his new Major League Soccer (MLS) franchise to be established in Miami, Florida.
Andrew Bocking, the Executive Vice President of BBM, exited Ontario, Canada-based smartphone and enterprise software maker BlackBerry, with the said division to be folded into Global Enterprise Solutions under the leadership of John Sims.
Tim Armstrong, the chief executive of mass media company AOL Inc., on Saturday issued a memo informing employees that his company would revert to its previous employee retirement benefit plan after drawing outrage from employees. Armstrong also apologized for an unpopular remark he made in an attempt to explain the change in policy.
