In fact, in the midst of raising the firm’s fourth fund, he seems to be positively cheery about the state of the crypto market despite how things are going.
With over $1.2 billion in assets under management, 10T counts major crypto entities like Gemini, Kraken, Yuga Labs and Animoca Brands as part of its portfolio.
And 1Roundtable Partners (1RT), Tapiero’s growth-stage firm, is also raising a not-insignificant amount for its upcoming fund: a minimum of $200 million and up to $800 million.
As the bear market thaws, Tapiero sees few other growth equity investors dedicated to the crypto space at this point in time.
Taking the long viewWith the new fund, 1RT plans to make about 10 to 15 additional investments with hopes of gaining another five to 10 board seats across those portfolio companies, Tapiero said.
After working together at Xerox Corp.’s corporate venture capital firm Xerox Ventures, Chris Fisher, Tim Chiang and Dean Mai form Myriad Venture Partners.
They secured $100 million in capital commitments for their first fund, which targets $200 million in total, Fisher told TechCrunch.
Fisher is the former senior vice president and chief strategy officer of Xerox and former founder and managing partner of Xerox Ventures, a firm started in 2021.
This is something he is already seeing happening at companies through R&D, expansion and spending across AI software, including ChatGPT.
“With Xerox Ventures as an internal firm, the ability to scale wasn’t there.
Apple this week updated its App Store rules to comply with a court order after the Supreme Court declined to hear the Epic Games-initiated antitrust case against Apple over commissions.
This seems to skirt the court’s decision requiring Apple to remove the “anti-steering” clause from its agreement with App Store developers.
But in its place is a complicated process that requires app developers to apply for permission to include their desired link or button, via something dubbed the StoreKit External Purchase Link Entitlement.
Apple has used entitlements to set up exceptions to its App Store rules — for example, last year when it allowed “reader” apps (apps that provide access to digital content, like audio, music, video, book, and more) to point to an external website where customers could manage their accounts with the app developers.
In the case of the new U.S.-based Link Entitlement, Apple is again demanding to first vet which applications can include external links and control how they’ve been implemented.
Electric boat startup Navier has landed the first official pilot program for its hydrofoiling watercraft, partnering with Stripe to bring passengers from San Francisco’s outskirts to the downtown area.
Stripe will pay Navier to shuttle employees from Larkspur, where a number of them are concentrated, to its office near Oyster Point.
But as a pilot program, the intent is not to operate at scale but to identify the means of and barriers to that scale.
Other coastal cities with commute problems may take notice if the pilot program goes well.
“We’re introducing a water shuttle service equipped with amenities that enhance on-the-go productivity, such as desks and Wi-Fi.
A couple years ago, when the pandemic was still in full swing, Raj Kapoor and Josh Felser started making some investments in climate tech startups.
Things must have gone well, because now they’re jumping in: The firm today said it has closed a $65 million inaugural fund, using it to back founders who are starting climate tech software companies.
Felser founded Spinner in 1997 (sold to AOL) and Crackle in 2004 (sold to Sony).
He also started the #Climate nonprofit in 2014 and a public-private COVID task force during the pandemic.
Those experiences, coupled with a growing concern for the state of the Earth’s climate, led the two to form Climactic.
OhmConnect is currently active in California, Texas, and New York, and the new company, Renew Home, plans to expand into new markets once launched, the spokesperson added.
Sidewalk Infrastructure Partners itself was once a part of Sidewalk Labs.
Sidewalk Labs got its start originally as a Google moonshot in 2015 with the lofty goal of using tech to improve urban life.
SIP was eventually spun out of Sidewalk Labs in 2020 fuelled with a $400 million investment from Google.
Nest Renew has been one of OhmConnect’s customers, alongside Sensi, ecobee, Carrier and others.
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