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Fall in love with a problem : Remitly CEO reflects on startup journey as remittance company goes public
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How this Seattle VC missed out on Auth0 s seed round, but persisted and landed a big payoff
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More capital for Pacific Northwest startups: Founders’ Co-op raises $50M fund, its largest yet
March 1, 2021 at 10:47 am
Founders’ Co-op Managing Partner Chris DeVore (left) and General Partner Aviel Ginzburg. (Founders’ Co-op Photo)
Seattle venture capital firm Founders’ Co-op, an early backer of billion-dollar companies such as Remitly, Outreach, and Auth0, has raised a $50 million fund to help fuel another batch of Pacific Northwest startups.
It’s the firm’s fifth and largest fund to date since launching in 2008, and is double the size of the fourth fund raised in 2018.
Founders’ Co-op will continue betting on early-stage startups across Seattle, Portland, Vancouver B.C. and elsewhere. It raised a larger fund in part to write bigger checks, given increasing round sizes and the firm leading more rounds, said Chris DeVore, managing partner at Founders’ Co-op. It plans to invest in 20-to-25 companies out of the fund.
More capital for Pacific Northwest startups: Founders Co-op raises $50M fund, its largest yet
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Is the regulatory crusade against Big Tech over? What experts expect under Biden administration
January 22, 2021 at 9:00 am
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GeekWire’s civic coverage examines tech policy, urban development, transportation, housing, the environment, regulation, and other issues impacting the innovation economy.
Biden at his presidential kickoff rally in Philadelphia. (Wikimedia Photo / Michael Stokes)
When President Joe Biden and Vice President Kamala Harris were sworn in Wednesday, they inherited a unique opportunity to rein in the technology industry. In addition to bipartisan support for some form of Big Tech regulation, the Biden administration has the benefit of a Democrat-controlled Congress.
But Biden plans to pack as much into his first two years in office as possible, signing a flurry of executive orders on his first day in office that target the pandemic, climate change, and other objectives. With such a long list of pressing priorities, many in the technology secto