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SVB's venture unit had invested $234 mn Sequoia Capital through 2 funds : Report

SVB Capital is the venture capital arm of the failed Silicon Valley Bank. The VC has stakes in many of Silicon Valley s top-tier venture firms, including Sequoia Capital, Ribbit Capital, Andreessen, according to a media report ....

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SpaceX to raise $750 million at $137 billion valuation - CNBC

Elon Musk s SpaceX is raising $750 million in a new round of funding that values the rocket and satellite company at $137 billion from investors, including Andreessen Horowitz, CNBC reported late. | January 3, 2023 ....

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CNN The Nineties June 4, 2024 05:06:00

The net began back in 1969. it was a tool of the pentagon. but nowadays just about anyone with a computer and a modem can join in. the internet was a really dorky, hard to use, and extremely nerdy thing. none of your friends would have been on this. just fellow people in tech. the internet really was not a huge factor in the early 90s. but netscape changed things. they re calling him the next bill gates. 24-year-old marc andreessen. 15 months ago, andreessen, fresh out of the university of illinois, helped start a company called netscape. at 11:00 a.m. this morning, the company s stock went public, and wall street went bonkers. so what does netscape produce that now makes the company worth $2.9 billion? this, the netscape navigator, software which makes it easy for people to connect to the global computer network called the internet. microsoft has a long history of feeling threatened by hot new upstarts. you could easily argue that bill ....

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