Venture Capitalist Focus - A venture capitalist, who previously achieved success with Facebook, is launching a new venture [1] - The new venture is described as another "grand slam," suggesting high expectations for its potential [1]

Core Insights - Recently, the Mulan Zhongjin (Wuhan) Industrial Development Fund Partnership (Limited Partnership) was established with a capital contribution of 3 billion yuan [1] - The fund's business scope includes venture capital, private equity investment, investment management, and asset management activities [1] - The fund is co-funded by Wuhan Mulan Industrial Fund Management Co., Ltd. and China International Capital Corporation (CICC) Capital Operations Co., Ltd. [1]

Core Insights - The Draper family is a prominent name in Silicon Valley, known for their extensive involvement in venture capital since 1959, with a legacy of creating multiple firms [1] - Adam Draper, part of the fourth generation, has established his own venture firm, Boost VC, focusing on pre-seed investments in startups [2][3] - Boost VC has successfully raised its fourth fund, totaling $87 million, primarily from family offices and high-net-worth individuals [3] Company Overview - Boost VC has a strong track record, with its first two funds achieving DPI metrics of 2.15x and 4.35x, indicating significant returns to investors [3] - The firm invests in a variety of sectors under the umbrella of deep tech, including space and bioscience, while maintaining a rapid investment pace of approximately one deal per week [4] Investment Strategy - Boost VC relies heavily on referrals for its deals, with around 90% coming from trusted sources, emphasizing a belief that more due diligence does not necessarily lead to better investment decisions [5] - The firm has made notable investments, such as in Radiant Nuclear, which recently closed a $165 million Series C funding round [5]

RT Forward Industries – $FORD (@FWDind)Solana on pace to become the most discussed crypto in all of venture capital. $SOL https://t.co/p1bg45rqqx ...

[Music] We have a creative industry. We have all sorts of musicians and artists and even writers like myself or whatever. But it makes for an creative economy.We had to celebrate that. Our biggest hope is that so many young and educated people have come down here, which is why I love teaching my class on at two lane. And these people are starting businesses.And I think you're going to see an entrepreneurial economy here. So what's the case for an investor to say invest in New Orleans as opposed to some alte ...

facy got $1m from tim draper and $500k from qualcomm at $40m fdv. draper backed tesla at $60m, baidu at $80m, skype at $100m. qualcomm selected 15 ai teams from thousands for their incubation program. singapore government wrote them a grant check. google cloud published their case study. this is venture capital due diligence at shitter valuations ...

Well, I'm excited because just like 2008 at the moment, I'm 0% cash. You're 0% cash. Founder friendly has become bullit, right.Any hot AI deal, there is no diligence provided, nor is any done. It's just done on Saturday. All you can lose is one extra money.Having an early success is highly correlated with future success. Partly, you get the referral effect, but partly I think it's that you just have the stomach to roll the dice and you get braver. This is an epic monopoly like we've never seen.Think how muc ...

Archetype raised $100M for fund III.2 new perps DEXs and a new prediction market today announced.Huge IPOs launching.Better regulatory environment for founders.Far better perception to outsiders.It sure feels like crypto VC is making a big comeback to rival the 2021 funding amounts.You absolutely love to see it. ...

Venture's Most Mentioned Assets for the Past Month https://t.co/92XEJTzuuP ...

Red Bull Ventures, the newly formed investment arm of the sports drink firm, makes a significant investment in Apex Capital’s venture capital fund https://t.co/5N74oBi5Gc ...