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At Kleiner Perkins Caufield & Byers and General Catalyst, venture capitalists Trae Vassallo and Neil Sequeira burnished their résumés in Series A deals with startup stakes such as Honest Company and Nest. But the venture capital industry in 2017 looks very different from when they started their careers nearly 15 years ago. Fund sizes at…

Almost everyone agrees that venture is overfunded, so the initial reaction to “do we need another venture firm” is a reflexive “no.” But when you start talking to entrepreneurs, you learn a very different story. You hear that the distribution of capital is lumpy and the money has migrated to the two ends of the…

Empower, a startup looking to help millennials better manage their finances, is today launching its mobile app for iOS devices. The new application combines the ability to see an overview of your day-to-day transactions and spending behavior, with other tools to transfer money between accounts, automate your savings, and soon, pay bills and pay down your debt.