BusinessStartupsTechnology

Venture Capital Giant Lakestar Shifts Strategy, Halts New Fundraising to Focus on Portfolio

Lakestar, the venture capital firm behind major successes like Revolut and Spotify, is reportedly shifting its investment strategy. According to reports, the firm will stop raising new generalist venture funds to concentrate on its current investments and internal ventures.

Major Venture Capital Firm Changes Course

Lakestar, the prominent venture capital backer of fintech giant Revolut and music streaming service Spotify, is reportedly shifting its investment strategy away from raising new funds, according to financial documents seen by the Financial Times. The firm’s founder, Klaus Hommels, communicated this strategic pivot in a letter to limited partners, the institutional groups that have funded the company’s activities.

BusinessStartups

Venture Capital Veteran Hans Swildens Reveals Strategy Behind Goldman Sachs Acquisition and Industry Liquidity Shifts

Hans Swildens details the 20-year evolution culminating in Industry Ventures’ full integration with Goldman Sachs. The venture capital pioneer explains why secondary markets have become crucial liquidity vehicles and shares insights from managing one of the world’s largest seed-stage portfolios.

Venture Capital Veteran Completes Landmark Goldman Sachs Transaction

Industry Ventures founder Hans Swildens has revealed the strategic thinking behind his firm’s complete integration with Goldman Sachs’ external investing group, according to reports from this week’s StrictlyVC Download episode. The transaction coincides with Industry Ventures’ 25th anniversary year and represents the culmination of a two-decade relationship between the firms.

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Goldman Sachs Makes Historic $665M Bet on Venture Capital Secondaries Market

In an unprecedented move for Wall Street banking, Goldman Sachs is acquiring Industry Ventures in a deal valued at $665 million with additional performance incentives. The acquisition represents a strategic bet on the rapidly growing secondary market for private company shares, according to industry analysts and financial reports.

Goldman Sachs Makes Unprecedented Move Into Venture Capital

Goldman Sachs has announced plans to acquire venture capital firm Industry Ventures in a landmark deal that signals major financial institutions’ increasing interest in private markets, according to reports from Fortune. The acquisition, valued at $665 million in cash and equity with an additional performance-based $300 million through 2030, represents one of the rare instances of a venture capital firm being acquired by a major financial institution.

BusinessStartups

Midas List Europe 2025 Opens Submissions For Top Venture Capitalist Ranking

Forbes has opened submissions for the Midas List Europe 2025, the definitive ranking of Europe’s top 25 venture capitalists. The data-driven list evaluates investors based on portfolio performance and significant exits across Europe and the Middle East.

Midas List Europe 2025 submissions are officially open through October 23, marking the ninth year of Forbes’ definitive ranking of the continent’s top venture capitalists. The prestigious list comes at a pivotal moment for Europe‘s venture ecosystem, with AI startups achieving billion-dollar valuations and major exits like Klarna’s $20 billion IPO reshaping the investment landscape according to recent analysis.

What Makes The Midas List Europe Unique