Parag Agrawal, the ex-CEO of Twitter, is making headlines again — but this time, he’s not tweeting. His startup, Parallel Web Systems, just raised a staggering $100 million in a Series A funding round co-led by Kleiner Perkins and Index Ventures, with Khosla Ventures and other investors joining in. The company’s valuation now stands at an eye-popping $740 million, making it one of the…
A Shift Toward Employee Ownership
In an effort to attract more talent and investment, seven European countries have revamped their laws to promote employee ownership in startups. A recent report by Index Ventures highlights these changes, showing how Europe is trying to match the United States in creating a favorable environment for budding businesses.
While the U.S. has long thrived on stock…
