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The Most Promising Startups for Consumers of 2021, According to VCs

The Most Promising Startups for Consumers of 2021, According to VCs
businessinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.com Daily Mail and Mail on Sunday newspapers.

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Fanhouse, An OnlyFans-Esque Platform For Safe-For-Work Content, Raises $1.3 Million

Fanhouse, a fledgling, OnlyFans-esque platform whose aim is to help creators monetize their fan communities with safe-for-work content, has raised $1.3 million in seed funding. The round was led by Chapter One’s Jeff Morris Jr. and Mantis VC, an early-stage tech investment firm formed by music duo The Chainsmokers. Other participants included 20VC’s Harry Stebbings, Niche and Brat founders Darren Lachtman and Rob Fishman, Parcast founder Max Cutler, PlayVS founder Delane Parnell, NEA’s Luke Pappas, Plus Capital’s Ryan Morris, and product designer Jordan Kutzer. In a Twitter thread, the company noted that women make up 30% of its capitalization table, including creator economy leader Li Jin, finance and gaming creator Chelsea Maag, writer and host Jilly Hendrix, and fashion influencer Rocky Barnes. Fanhouse, a fledgling, OnlyFans-esque platform whose aim is to help creators monetize their fan communities with safe-for-work content, has raised $1.3 million in seed funding. ....

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Cendana has raised a $30 million 'fund of funds' for VCs managing $15 million or less – TechCrunch


Cendana has raised a $30 million ‘fund of funds’ for VCs managing $15 million or less
Cendana Capital, a San Francisco-based fund of funds manager, has amassed stakes in more than 100 venture firms since launching in 2010. For the most part, it did this by focusing on managers who are raising funds of $100 million or less in capital, even foregoing stakes in beloved outfits like Forerunner Ventures and IA Ventures as their assets under management ballooned well beyond that amount.
Yet as the market changed, Cendana founder Michael Kim began to play with that formula. Last spring, for example, when he closed on $278 million in new capital commitments, he said he planned to invest in the seed-stage managers he has always backed, but that he planned to funnel a small amount of capital to pre-seed managers raising $50 million or less, as well as to invest in a sprinkling of international managers. ....

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