VC legend Ron Conway quits Salesforce Foundation after Benioff’s National Guard comments

VC legend Ron Conway quits Salesforce Foundation after Benioff’s National Guard comments

Ron Conway, the founder of venture firm SV Angel, known for its early investments into Google, Airbnb, and Meta, has resigned from Salesforce Foundation, the New York Times reported. The resignation follows Salesforce CEO Marc Benioff saying last week that he “fully supported” President Trump and thought National Guard troops should patrol San Francisco streets….

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Goldman Sachs is acquiring Industry Ventures for up to 5M as alternative VC exits surge

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

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…

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Only 5 days remain to book your exhibit table at Disrupt 2025

Only 5 days remain to book your exhibit table at Disrupt 2025

If you’ve been thinking about joining 10,000+ startup and VC leaders at TechCrunch Disrupt 2025 in San Francisco on October 27–29, the time to act is now. Lock in your place on the Expo floor, where ideas, capital, and connections collide.  As of now, there are only 7 exhibit tables available, and we expect them to sell out before the deadline. And yes, this is the same inventory your…

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Navan plows ahead with IPO during shutdown, aims for .45B valuation 

Navan plows ahead with IPO during shutdown, aims for $6.45B valuation 

Corporate travel management company Navan — once known as TripActions — filed updated IPO documents with the U.S. Securities and Exchange Commission on Friday, even though the federal government is currently shut down.   Navan is proceeding under new SEC rules that allows wanna-be public companies that are in limbo during the shutdown to file updated information, including share count and pricing, and have their statements automatically okayed in 20 days without staff scrutiny. Once…

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Why Deloitte is betting big on AI despite a M refund

Why Deloitte is betting big on AI despite a $10M refund

AI companies are making their much-anticipated enterprise plays, but the results are wildly inconsistent. Just this week, Deloitte announced it’s rolling out Anthropic’s Claude to all 500,000 employees. On the very same day, the Australian government forced Deloitte to refund a contract because their AI-generated report was riddled with fake citations. It’s a perfect snapshot…

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