Madrona puts Create33 on pause as pandemic upends startup community and co-working space
January 27, 2021 at 7:44 am
Create33 in Seattle. (GeekWire Photo)
Create33, the Seattle-based “founder center” established by Madrona Venture Group, is no longer operating a co-working space and is revamping its membership program due to changes caused by the pandemic.
Create33 launched in July 2018 one floor beneath the downtown office of Madrona, a long-time Pacific Northwest venture capital firm that provided financial support for the organization. It aimed to be a community nexus of the Seattle startup ecosystem where budding entrepreneurs could learn from mentors, network with peers, attend events, and rent office space.
Madrona Venture Group raises $345M for 8th fund, its largest ever, and $161M for 2nd later-stage fund
December 31, 2020 at 9:58 am
Madrona Venture Group managing directors from L to R: Tim Porter, Matt McIlwain, Len Jordan, Tom Alberg, S. Somasegar (Soma), Hope Cochran, Steve Singh, Scott Jacobson, and Paul Goodrich. (Madrona Photo)
Madrona Venture Group has raised more than $500 million in fresh capital that the 25-year-old Seattle venture capital firm will use to bankroll both early and later-stage startups. It marks the firm’s largest fundraising effort.
Madrona reeled in $345 million for its eighth fund money that it will use to invest in 35-to-40 Pacific Northwest tech startups over the next several years. It also raised $161 million for its second “Acceleration Fund,” designed for more mature companies located across North America.
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Surge in Custer State Park attendance, UTV permit sales reported amid pandemic
A surge was reported in attendance in Custer State Park as well as the number of ATV/UTV permit sales.
December 28, 2020
BLACK HILLS, S.D. As many were shut-in during the COVID-19 pandemic, some found their way out.
Outdoor enthusiasts used wilderness areas, like Custer State Park, as a solid social distancing method. Park officials say this led to a 15 percent increase in camping units and 12 percent increase in annual license purchases.
“I think people really reconnected with nature this year, really got back into hiking, picnicking, camping,” said Kobee Stalder, the Visitor Services Program Manager for Custer State Park. “When things are are locked down and there’s not a lot of things to do indoors, I think a lot of people looked to the outdoors and that’s why the recreation part was huge.”
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We asked investors at top venture capital firms to name the startups that will boom in 2021.
Each VC was asked to name two startups: one that they invested in; and one where they have no financial ties or any other interest, but believe will do well.
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Whether you are looking for a startup to join as an employee, or looking out for tech trends, this list is the best way to know what s hot among Silicon Valley s startup experts: venture capitalists.
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