Archive for June, 2018

The hottest investors at The Europas, & your specially discounted ticket

In partnership with TechCrunch, The Europas Unconference & Awards, features smaller breakout sessions on key subjects for startups, followed by a glittering awards show for the hottest startups in Europe, based on voting by expert judges and the industry itself. Plus loads of networking opportunities with investors, and the super-fun Pitch Rolette pitch competition. See below for your special discount offer! Just some of the investors coming to The Europas this Tuesday, July 3, in London include: Alliott Cole, Octopus Ventures Andrei Brasoveanu, Accel Partners Carlos Eduardo Espinal, Seedcamp Damir Bandolo, Columbus Capital Eileen Burbidge, Passion Capital Eze Vidra, Reimagine Ventures George McDonuagh, KR1 (Blockchain/Crypto) Jamie Burke, Outlier Ventures (Blockchain/Crypto) Jason Ball, Qualcomm Ventures Jeremy Yap, Angel Investor Joe White, Entrepreneur First Maria Wagner, Beringea Michael Jackson, Mangrove Capital Partners Nancy Fechnay, Angel Investor (Blockchain/Crypto) Paul Dowling, Dreamstake Ventures Richard Muirhead, Fabric Ventures (Blockchain/Crypto) Scott Sage, Crane Venture Partners Sitar Teli, Connect Ventures Stephanie Hospital, OneRagtime Suzanne Ashman, LocalGlobe Thomas Graham, TLDR Capital Tugce Ergul, Angel Labs Vishal Gulati, Draper Esprit Wendy Tan White, BGF Instead of thousands and thousands of people, think of a great summer event with a selected 800 of the most interesting and useful people in the industry, including key investors and leading entrepreneurs. Here’s the agenda. And here’s 14 reasons to attend The Europas: • Ultra-high quality Investors, speakers & featured guests • New startup founders brought into the eco-system • New deal-flow for investors • Our “Diversity Matters” Free pass bringing in more women and POC • Expert speeches, discussions, and Q&A • Intimate “breakout” sessions with key players on vertical topics • The opportunity to meet almost everyone in those small groups, super-charging your networking • Convivial, relaxed atmosphere conducive to networking • Key press including WSJ, TechCrunch, VentureBeat, attending • A stunning awards dinner and party which honors both the hottest startups and the leading lights in the European startup scene • Content independently curated by journalists • The only truly independent, industry-backed awards in Europe • Percentage of profits will be donated to charity • All on one day to maximize your time in London Plus, as a special offer for TechCrunch readers, we have discounted tickets of up to 60% off: • Daytime conference plus evening awards tickets (£250, 60% discount) (valid all day, July 3rd) – this ticket includes the daytime conference and the awards dinner with ceremony and after party. It includes refreshments and lunch during the conference, and the awards drinks reception and dinner. • Daytime only, Unconference tickets (£75, 60% discount) – this ticket includes the afternoon Unconference only. • Evening Awards-only tickets (£195, 60% discount) – this ticket is for the awards dinner with ceremony and after party. It includes the awards drinks reception and dinner. If you wish to sponsor the events or to purchase a table for 10 or 12 guest or a half table for 5 guests, please contact [email protected] The conference and awards are supported by TechCrunch, the official media partner. Attendees, nominees, […]

Benchmark’s Mitch Lasky will reportedly step down from Snap’s board of directors

Benchmark partner Mitch Lasky, who has served on Snap’s board of directors since December 2012, is not expected to stand for re-election to Snap’s board of directors and will thus be stepping down, according to a report by The Information. Early investors stepping down from the board of directors — or at least not seeking re-election — isn’t that uncommon as once-private companies grow into larger public ones. Benchmark partner Peter Fenton did not seek re-election for Twitter’s board of directors in April last year. As Snap continues to navigate its future, especially as it has declined precipitously since going public and now sits at a valuation of around $16.5 billion. Partners with an expertise in the early-stage and later-stage startup life cycle may end up seeing themselves more useful taking a back seat and focusing on other investments. The voting process for board member re-election happens during the company’s annual meeting, so we’ll get more information when an additional proxy filing comes out ahead of the meeting later this year. Benchmark is, or at least was at the time of going public last year, one of Snap’s biggest shareholders. According to the company’s 424B filing prior to going public in March last year, Benchmark held ownership of 23.1% of Snap’s Class B common stock and 8.2% of Snap’s Class A common stock. Lasky has been with Benchmark since April 2007, and also serves on the boards of a number of gaming companies like Riot Games and thatgamecompany, the creators of PlayStation titles flower and Journey. At the time, Snap said in its filing that Lasky was “qualified to serve as a member of our board of directors due to his extensive experience with social media and technology companies, as well as his experience as a venture capitalist investing in technology companies.” The timing could be totally coincidental, but an earlier Recode report suggested Lasky had been talking about stepping down in future funds for Benchmark. The firm only recently wrapped up a very public battle with Uber, which ended up with Benchmark selling a significant stake in the company and a new CEO coming in to replace co-founder Travis Kalanick. Benchmark hired its first female general partner, Sarah Tavel, earlier this year. We’ve reached out to both Snap and a representative from Benchmark for comment and will update the story when we hear back.