Prashant Sharma

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Winnie grabs $2.5 million for its directory of family-friendly places

A mobile application that makes life easier for parents, Winnie, has raised $2.25 million in seed funding to continue to grow its business. The app, essentially, is a directory that provides information from the perspective of parents on nearby restaurants, parks, schools, and other points of …

Startups

Initialized Capital raises $115 million for its third fund

Initialized Capital, an early-stage venture capital firm started by former Y Combinator partners Alexis Ohanian and Garry Tan, has raised $115 million for its third fund. The focus is on investing in companies that are just getting started by putting in between $500,000 and $1 million — just enough …

Here's Why One VC Poured Money Into a Marijuana Delivery Startup

As David Chao walks into the glass conference room, there’s nothing unusual about him as an investor. He’s tall, middle-aged with dark hair and …

Peter Thiel’s Politics Become a Deal-Killer in Silicon Valley

The divisions over Peter Thiel and his support for Donald Trump are deepening in Silicon Valley.<p>Dismay over the billionaire venture capitalist’s …

Silicon Valley

Why Tim Cook is Steve Ballmer and Why He Still Has His Job at Apple

What happens to a company when a visionary CEO is gone? Most often innovation dies and the company coasts for years on momentum and its brand. Rarely does it regain its former glory.<p>Here's why.<p>---<p>Microsoft entered the 21st century as the dominant software provider for anyone who interacted with a …

Business Strategy