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Deal Doldrums: An Era of Inflated Valuations is Over - Los Angeles Business Journal

In speaking with venture capital leaders in the Los Angeles scene, many described the past several years of investing as “irrational exuberance,” a period marked by eyewatering company valuations and growth funds propelling multiple firms into the billion-dollar club. ....

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Airbnb acquires secretive firm launched by Siri co-founder

Airbnb has acquired Gameplanner, a secretive startup co-founded by Adam Cheyer, who previously helped to launch Siri. ....

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LA Tech Week, the Sequel, Is More Polished but Some of the Sizzle Is Gone

If last year's hastily arranged LA Tech Week was Andreessen Horowitz's LA coming out party, this year is the more polished but lower energy sequel. ....

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B Capital Closes $250M Early-Stage Fund

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time! ....

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B Capital closes $250m early-stage Ascent Fund II

Singapore and US-based venture capital firm B Capital Group has closed its $250-million early-stage Ascent Fund II, according to a statement by the firm. ....

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