THESTREET | After Lyft's successful debut, performance going forward will be seen as a test of investor appetite for other high-growth unicorns like Uber, Pinterest and Airbnb.
VENTUREBEAT | The post-seed gap is a top cause of startup death, and the crunch is more acute than ever. Between 2007 and 2015, the seed-to-Series-A graduation rate dropped from over 35 percent to 7.4 percent. Meanwhile, as fund sizes have ballooned, the average amount of capital raised in the seed and A rounds has more than doubled.
THE WALL STREET JOURNAL | The firm aims to help post-seed companies make the leap to ‘supersized’ Series A stage
YAHOO FINANCE | On Monday, the Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA), the 1992 federal law that banned sports betting basically everywhere in America other than Nevada. In a 6-3 decision in the case of Christie vs NCAA et al, the justices deemed PASPA unconstitutional.