Venture capital

FILE - In this April 3, 2019 file photo, Manuel Henriquez arrives at federal court in Boston to face charges in a nationwide college admissions bribery scandal. Henriquez is scheduled to be sentenced via video on Wednesday, July 29, 2020, after pleading guilty. (AP Photo/Steven Senne, File)
July 29, 2020 - 4:01 pm
The founder of a Silicon Valley venture capital firm was sentenced Wednesday to six months behind bars for paying about $450,000 in bribes to boost his two daughters' entrance exam scores and get one of them into Georgetown University as a bogus tennis recruit. Manuel Henriquez, the 57-year-old...
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FILE - In this Dec. 11, 2019, file photo a television screen on the floor of the New York Stock Exchange shows Federal Reserve Board Chair Jerome Powell's Washington news conference. The Federal Reserve approved a proposal Thursday, Jan. 30, 2020, to loosen a financial-crisis era rule that prevents banks from investing in venture capital funds. (AP Photo/Richard Drew, File)
January 30, 2020 - 10:02 am
WASHINGTON (AP) — The Federal Reserve approved a proposal Thursday to loosen a financial-crisis era rule that prevents banks from investing in venture capital funds. The proposal would affect the so-called “Volcker Rule," which was created after the 2008 financial meltdown. The rule bars banks from...
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FILE - In this March 7, 2017 file photo, rowers paddle down the Charles River past the campus of Harvard University in Cambridge, Mass. An annual survey finds that most U.S. universities made money on their financial investments last year, but their returns were tempered by a global economic slowdown fueled by America’s trade war with China. Harvard University remained the wealthiest school in the U.S., with an endowment valued at nearly $40 billion. (AP Photo/Charles Krupa, File)
January 29, 2020 - 11:25 pm
BOSTON (AP) — Most U.S. universities made money on their financial investments last year, but their returns were tempered by a global economic slowdown fueled by America’s trade war with China, according to an annual survey of school finance chiefs. The survey, released Thursday, found that college...
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FILE - In this April 3, 2017 file photo, students walk past the "Great Dome" atop Building 10 on the Massachusetts Institute of Technology campus in Cambridge, Mass. Two prominent researchers are quitting MIT's Media Lab over revelations that the famed technology research hub and its director took money from Jeffrey Epstein after he'd served time for sex offenses involving girls and young women. Ethan Zuckerman, director of the lab's Center for Civic Media, said director Joi Ito had failed to disclose the deceased financier's funding of the Massachusetts Institute of Technology incubator as well as investments Epstein made in Ito's personal venture capital fund, Wednesday, Aug. 21, 2019. (AP Photo/Charles Krupa, File)
August 21, 2019 - 8:03 pm
CAMBRIDGE, Mass. (AP) — Two prominent researchers are quitting MIT's Media Lab over revelations that the famed technology research hub and its director took money from Jeffrey Epstein after he'd served time for sex offenses involving girls and young women. Ethan Zuckerman, director of the lab's...
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FILE - In this Oct. 21, 2018 file photo, former San Francisco 49ers quarterback Joe Montana speaks at a ceremony in Santa Clara, Calif. Hall-of-Fame quarterback Montana, looking to hit pay dirt in the legal marijuana industry, is part of a $75 million investment in a pot operator, it was announced Thursday, Jan. 24, 2019. San Jose, California-based said it will use the investment to grow a company that includes a farm, a retail store, distribution center and a delivery service. (AP Photo/Tony Avelar, File)
January 24, 2019 - 7:20 pm
SAN FRANCISCO (AP) — Hall of Fame quarterback Joe Montana, looking to hit pay dirt in the legal marijuana industry, is part of a $75 million investment in a pot operator, it was announced Thursday. San Jose, California-based Caliva said it will use the investment to grow a company that includes a...
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FILE- In this June 14, 2018, file photo, Tesla CEO and founder of the Boring Company Elon Musk speaks at a news conference in Chicago. For years, Tesla’s board remained almost invisible, staying behind the curtain as Musk guided the electric car maker to huge stock price increases. Now, given Musk’s recent questionable behavior, experts say it’s time for the board to step onstage and take action on the company’s leadership. (AP Photo/Kiichiro Sato, File)
August 20, 2018 - 5:55 pm
For years, Tesla's board remained almost invisible, staying behind the curtain as superstar Chairman and CEO Elon Musk guided the electric car maker to huge stock price increases. Now, given Musk's recent questionable behavior, experts say it's time for the board to step onstage and take action on...
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