Smart infant monitoring company Owlet partners with Wheel
Wheel clinicians will be able to prescribe Owlet's BabySat, which monitors oxygen and heart rate
Read more...At a Churchill Club meeting in Mountain View on Thursday, Michael Moritz (Sequoia Capital, two-time Forbes’ Midas List overall winner) had California controller John Chiang in the hotseat for an hour to grill him on the state's finances. When Moritz asked about pension funds, Chiang hinted that venture capital could see even less money than might be hoped from CalPERS and CalSTRS, two of the biggest limited-partner sugar daddies that fuel the Valley's VC firms.
In what appeared to be a bit of on-stage negotiating, Chiang intimated that many “alternative investments” were not “high quality,” and that the standard 2-and-20 fees typically doled out to fund managers (2% of the overall fund value plus 20% of the profits) would have to be re-evaluated.
Wheel clinicians will be able to prescribe Owlet's BabySat, which monitors oxygen and heart rate
Read more...Amish Jani, Founder and Partner at FirstMark, joined the company's Board of Directors
Read more...The report outlined four areas as a guide to help startups to sell into these systems
Read more...