Canaan Partners gives $20 million to its two youngest employees to invest in consumer startups
newsdepo.com
Canaan Partners, the venture capital firm that has backed companies like Skybox Imaging, Match.com and Lending Club, has a new investment strategy. Called Canaan Beta, it entails setting aside $20 million of its $800 million fund to its two youngest employeesCanaan Partners gives $20 million to its two youngest employees to invest in consumer startups
Canaan Partners, the venture capital firm that has backed companies like Skybox Imaging, Match.com and Lending Club, has a new investment strategy. Called Canaan Beta, it entails setting aside $20 million of its $800 million fund to its two youngest employees, and then empowering them to make their own investment decisions as a duo. The […] Read more