TechCrunch: Venture capitalists ‘like and subscribe’ to influencers. “Tech entrepreneurs, quick to pounce on any emerging economy, have also begun building services for creators and influencers from marketplaces that connect individuals with brands, financial solutions that help capitalize burgeoning influencer-led businesses, tailored monetization platforms and even a ‘LinkedIn for Influencers’ intended to foster connections between influencers and brands.”
Louisville Business First: Want funding? New website with Louisville ties will show you the money. “Four Southeast organizations have collaborated to create a searchable database that aims to help entrepreneurs and investors find venture capital funding. Nashville, Tenn.-based ModernCapital, Tampa Bay, Fla.-based Embarc Collective, Launch Tennessee and HQ1 partnered to develop a growing list of capital resources in the Southeast that are actively investing in pre-seed to growth-stage startups across all industries.”
Inc.: What You Need to Know About the Women in VC Directory. “You already know women are few and far between in the venture capital world. Sutian Dong and Jessica Peltz-Zatulove want to change that. On Monday, the venture capital investors officially introduced their Global Women in VC Directory, an online database of nearly 1,000 women investors, which Dong and Peltz-Zatulove hope will help encourage more women investors to enter the field and grow within it.”
TechCrunch: HyperScience, the machine learning startup tackling data entry, raises $30 million Series B. “HyperScience, the machine learning company that turns human readable data into machine readable data, has today announced the close of a $30 million Series B funding round led by Stripes Group, with participation from existing investors FirstMark Capital and Felicis Ventures, as well as new investors Battery Ventures, Global Founders Capital, TD Ameritrade and QBE.”
Financial Post: Finally, a free open-source database for all Canadian startup information. “Hockeystick’s open database won’t include the private financial information the company’s clients currently pay for. But it already includes basic data – company name, industry, principals and funding sources – on 7,000 startups, as well as listings for 157 VC firms, 44 angel groups, 200 accelerators and 600 government programs. Hockeystick founder and CEO Raymond Luk hopes the database will help founders locate support programs and angels in their own cities, while giving investors more accurate information on promising companies.”
Bitcoin News: 46% of Last Year’s ICOs Have Failed Already. “It has always been assumed that a large number of ICOs will fail, be it at the fundraising stage or when it comes to delivering the actual project. It’s hard to settle on a precise figure, however, as most dubious ICOs don’t exit scam: they slowly tiptoe away, like a sneak thief rather than a smash-and-grab robber. Having completed an extensive study into last year’s crowdsales, news.Bitcoin.com can report that 46% of them are effectively dead already – despite raising over $104 million.” ICOs in this case are Initial Coin Offerings; NASDAQ has an overview.
Recode: Yuri Milner’s big investments in Twitter and Facebook have now been tied to the Russian government. “Facebook and Twitter received major investments from a firm with ties to Kremlin-owned corporations, a new trove of confidential documents revealed. That cache of confidential documents called the Paradise Papers was obtained by German newspaper Süddeutsche Zeitung. The documents were reviewed by the International Consortium of Investigative Journalists and a series of news outlets.”