Facebook co-founder Eduardo Saverin’s B Capital makes $406M first close of new fund

B Capital, the VC firm from Facebook co-founder Eduardo Saverin, has made the first close of its second fund. The firm has closed out $406 million in initial capital, according to a filing lodged with the FCC last month. The document doesn’t include details of a target raise or which LPs have committed. Saverin came […]

Krablr nets new leadership

News just in: We’re getting reports the board of Krablr has voted overwhelmingly to jettison the sole remaining founder, Wilson Poney, and install an interim CFO to take the company in a new old direction. “We’re going to make Krablr great again,” said chairman of the board, Goldie Seamann. “We’re not 100% sure what’s been […]