Self-driving startup Drive.ai is closing down

Drive.ai, the autonomous vehicle tech startup once valued at $200 million, is shutting down after four years, according to a state regulatory filing. The closure was first reported by the San Francisco Chronicle. The company is not responding to media inquiries, a PR rep told TechCrunch. The company’s Mountain View headquarters will close down on Friday, […]

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The changing nature of venture capital

The venture industry is likely to consolidate significantly in the next decade as funding confers greater advantage to large venture investors.

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