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Are solo GPs screwed?
Entrepreneur Ankur Nagpal raised a $70 million venture fund last year, called Vibe Capital, from over 200 investors. But now, as the market shifts and LPs are less interested in venture capital, the Ocho founder is shrinking the fund side by roughly 43%, canceling capital calls, and, ultimately, sending back money that had already been […]
Are solo GPs screwed? by Natasha Mascarenhas originally published on TechCrunch
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Rocket Lab reveals big supplier deal with mystery mega constellation customer
Rocket Lab has proven that it’s much more than a launch company: One glance at the company’s most recent earnings presentation shows as much, since in 2022, its space systems business, which designs, manufactures and sells satellite components and spacecraft, brought in over 70% of company revenue compared to launch, at $150.3 million versus $60.7 […]
Rocket Lab reveals big supplier deal with mystery mega constellation customer by Aria Alamalhodaei originally published on TechCrunch