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Shannon Donnelly
Palm Beach Daily News
When the organizers of the Party Animal Gala urged guests to dress as a tribute to their favorite animal spirit, we were hard-pressed to choose.
We have so many beloved animal spirits. Wild Turkey. Grey Goose. Pink squirrel. Moscow mule. And our mostest favoritest, hair of the dog.
More Palm Beach society news here.
Then we looked at the invitation again and realized it was Spirit Animal, not Animal Spirit.
Damn lysdexia.
Well, spirit animal is much easier. According to Native American tradition, our spirit animal is the raven. So we showed up dressed as a bottle of Old Crow. OK, not really.
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Emergence, known for its enterprise bets, just rounded up nearly $1 billion across two new funds
Emergence, the 18-year-old, San Mateo, California-based venture firm focused on enterprise tech startups, has rounded up nearly a billion dollars in capital commitments across two funds. It closed its sixth early-stage fund with $575 million; the outfit also raised a so-called opportunity fund for the first time, closing it with $375 million in capital commitments.
It’s a significant shift away from standard operating procedure for Emergence, which has funded a string of highly successful companies at their earliest stages but has, until now, maintained a conservative approach when it comes to fundraising, closing its fifth fund in 2018 with $435 million and its fourth fund with $335 million in 2015.
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