Author: Connie Loizos

Inspired Capital has closed a new four hundred fifty million dollar fund. The capital raise occurs while venture funding continues to concentrate heavily on the West Coast.

Venture capital firm Benchmark recently highlighted its steady, unhurried approach to investing while operating from San Francisco. Despite fund growth and personnel changes, the remaining partners continue to manage their established business without feeling pressured by market frenzy.

Actor Mark Wahlberg is launching a new fitness chain designed to compete with expensive longevity startups. His upcoming gym concept aims to provide services like blood panels and cold plunges at a much lower cost for everyday consumers.

Venture capital firm Benchmark notes that Silicon Valley’s traditional unwritten rule against investing in competing startups is becoming increasingly difficult to maintain. The pressure of artificial intelligence is reportedly straining this longstanding industry agreement as firms rush to fund new technology ventures.