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💬Arlan Hamilton announces changes at Backstage Capital, will step into advisory role
Arlan Hamilton, founder of Backstage Capital, announced that she will transition from her role as managing partner to chairperson and advisor. This change will allow her to focus on amplifying the firm's mission, hosting office hours for founders and investors, and bringing new opportunities through her platform. Backstage Capital will also enter a strategic partnership with 360 Venture Collective, which will acquire a significant stake in the firm and help manage operations, capital, and scaling efforts. Together, they plan to launch a $200 million fund in 2025.
Backstage Capital has invested in over 200 companies, including Guava and Career Karma, and currently manages around $20 million in assets. However, the firm has faced challenges in recent years, including a slowdown in investments and a downsizing of its team. Hamilton expressed frustration with limited partners who believed the firm had adequate support, despite the difficulties it faced.
She emphasized that the partnership with 360 Ventures will enhance Backstage's sustainability and ability to support underestimated founders, stating her confidence in the firm's future growth and her commitment to its mission.
💬Arlan Hamilton announces changes at Backstage Capital, will step into advisory role
Arlan Hamilton, founder of Backstage Capital, announced that she will transition from her role as managing partner to chairperson and advisor. This change will allow her to focus on amplifying the firm's mission, hosting office hours for founders and investors, and bringing new opportunities through her platform. Backstage Capital will also enter a strategic partnership with 360 Venture Collective, which will acquire a significant stake in the firm and help manage operations, capital, and scaling efforts. Together, they plan to launch a $200 million fund in 2025.
Backstage Capital has invested in over 200 companies, including Guava and Career Karma, and currently manages around $20 million in assets. However, the firm has faced challenges in recent years, including a slowdown in investments and a downsizing of its team. Hamilton expressed frustration with limited partners who believed the firm had adequate support, despite the difficulties it faced.
She emphasized that the partnership with 360 Ventures will enhance Backstage's sustainability and ability to support underestimated founders, stating her confidence in the firm's future growth and her commitment to its mission.
Durov said on his Telegram channel today that the two and a half year blockchain and crypto project has been put to sleep. Ironically, after leaving Russia because the government wanted his encryption keys to his social media firm, Durov’s cryptocurrency idea lost steam because of a U.S. court. “The technology we created allowed for an open, free, decentralized exchange of value and ideas. TON had the potential to revolutionize how people store and transfer funds and information,” he wrote on his channel. “Unfortunately, a U.S. court stopped TON from happening.”
Telegram announces Search Filters
With the help of the Search Filters option, users can now filter search results by type. They can do that by using the new tabs: Media, Links, Files and others. Searches can be done based on the particular time period like by typing in the date or even “Yesterday”. If users type in the name of a person, group, channel or bot, an extra filter will be applied to the searches.
