Here are some of the articles we’re reading at citizen.vc
Twenty-five members of the 2016 FORBES Billionaires List made their fortunes via unicorns – startup companies valued at $1 billion dollars or more. Eighteen of these billionaires are under age 40, and the average age of the group is just 36 years old. That is about half the average age of all of the world’s 1,810 billionaires.
Fidelity, BlackRock and other giants cut value of their stakes at faster pace, make fewer new investments
Fundraising problems that Austin entrepreneurs are facing include both the age of the funds at Austin’s venture capital firms and the limited number of investors who can invest $500,000.
Investors are trying to draw parallels between these publicly traded companies and private venture-funded companies, but a number of differences exist between these two types of asset classes.
Learn about Tom Gerhardt and Dan Provost co-owners of a firm called Studio Neat.