Goldman Sachs is acquiring Industry Ventures for up to $965M as alternative VC exits surge | TechCrunch

Goldman Sachs has agreed to acquire Industry Ventures, a 25-year-old, San Francisco-based investment firm with $7 billion in assets under management, CNBC was first to report on Monday. The deal underscores the growing importance of secondary markets and buyouts as traditional venture exits remain sluggish. The investment bank is paying $665 million in cash and…

Read More

NYC-based Carbyne, which offers cloud-based tools for emergency services, raised $100M from AT&T Ventures, Axon Enterprises, Cox Enterprises, and others (Meir Orbach/CTech)

Featured Podcasts The Talk Show With John Gruber: ‘Michigan-Starred Fine Dining’, With Louie Mantia The director’s commentary track for Daring Fireball. Long digressions on Apple, technology, design, movies, and more. Subscribe to The Talk Show With John Gruber. Techmeme Ride Home: Microsoft Joins The $4 Trillion Club The day’s tech news, every day at 5pm…

Read More