F50 August 2015 Newsletter
August 2015 Newsletter
Dear Community,
We're pleased to announce that Garage Technology Ventures has just joined forces with us to form a new venture fund! The $100M fund is focused on investing in brilliant emerging technology companies that have the potential to have a significant global impact on their target sectors. The new fund, called F50 Garage Venture Fund II, LP, follows on an earlier F50 $10M seed fund launched in 2014. The F50 Garage Venture Fund aims to leverage the F50 platform, which has quickly become one of the largest online/offline funding platforms in Silicon Valley. While based in Silicon Valley, the fund has a mandate to reach out to entrepreneurs globally to discover emerging technology companies with the potential for global success. It will also seek to build syndicates of top-tier investors around all of its portfolio companies.
About F50
F50 is a private founder and investor network that connects Pre-Series A startups with professional and strategic capital to help founders grow their businesses and set them up for future rounds.F50 does not charge any transaction fees for founders or investors who are accepted into the network.For more information, please visit http://f50.io/
Sponsors & Partners
We're Hiring!
We're hiring and have found that our best candidates come from within our network of founders and investors. That being said, if you introduce us to any of our new team members, we'll give you a $500 reward! Please have candidates fill out applications at f50.io/join and tell them to use your name and contact info as a reference. Here's a look into what we're hiring for:
SVE Community Manager - we need someone with community building experience that's got a ton of energy, a knack for networking, and a passion to help founders get the resources they need to learn and grow.
Content Strategist - our newest product, Founder World, needs someone to help manage our editorial calendar, grow our social media channels, and coordinate editorial materials for Founders.
Investment Team Analyst - nurturing and growing networks can be challenging so we're looking to hire someone with impeccable business development skills, project management experience, and a strong interest in venture capital communities.
F50 Alumni Invi Raises $2 Million in Funding Round Led by Former CTOs of SINA & Tencent
Our Season 5 Alumni Invi recently announced that it has raised $2 million in new funding in a round of investment led by Seven Seas Ventures. The funds will be used to help the company support the app’s rapid growth and further development.
Led by Jeff Xiong, former chief technology officer of Tencent, and Jack Xu, the former co-president and chief technology officer of SINA Corporation, the funding commitment took place through Xu and Xiong’s investment group, Seven Seas Ventures.