Cathay Innovation raises $550M for its second global VC fund

Cathay Innovation raises $550M for its second global VC fund

With the global economy still sorting itself out in the face of the pandemic, we’re hearing about fewer new venture capital funds these days. However, today is an exception, as Cathay Innovation has raised a $550 million second fund, which is about double the size of...
Unemployed Americans can get a free year of Headspace

Unemployed Americans can get a free year of Headspace

Back in March, Headspace announced that it would offer free content to all COVID-19 front-line responders. Now the meditation app is expanding the offer to include all unemployed people in the U.S. You can go here to sign up, by entering information on your most...
Are stable SaaS valuations driven by logic, or hope?

Are stable SaaS valuations driven by logic, or hope?

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. The resilience of the American stock market in the face of near-record unemployment (there were nearly three million more unemployment claims...
COVID-19 shows we need Universal Basic Internet now

COVID-19 shows we need Universal Basic Internet now

Kevin Frazier Contributor Share on Twitter Kevin Frazier, a Masters of Public Policy student at the Harvard Kennedy School and JD candidate at the UC Berkeley School of Law, uses his spare time to advocate for better government. There’s a lot of chatter around what...