Facts
- HQ
- San Francisco, California, USA
- Sectors
- Venture Investing, Startup Platform, Syndicates
Washington Proposal SB 6229 Targets Capital Gains on Startup Stock, Sparking Seattle Tech Backlash Ahead of 2026 Tax Implementation
A new Washington state proposal, SB 6229, aims to tax capital gains from qualified small business stock sales despite existing federal exemptions, prompting concerns from Seattle startup leaders about its potential to discourage local company building. Public hearings are scheduled for January 27, 2026, and the tax would apply to gains on or after that date.
Tim Chen Raises $41 Million for Fourth Fund at Essence VC, Emerging as a Leading Solo Investor Backing Infrastructure Startups
Tim Chen, initially rejected by Seattle venture capital firms for being 'too nerdy,' launched his own firm, Essence VC, which has grown to raise $41 million for its fourth fund and gained a strong reputation backing infrastructure startups. His technical background and experience as a software engineer have made him a sought-after solo investor, with notable portfolio successes including the $2.2 billion acquisition of Tabular by Databricks.
#73 Brian Bell - From Product Manager to Full Time Investor
Brian Bell is the Managing Partner at Team Ignite. Bell has experience in product development in AI at Microsoft, AWS, and startups. Full conversation includes: 🔸Transition from Product Management to full time investing 🔸Investing in YC 🔸Operating an investing Syndicate 🔸Growth hacks to grow your syndicate 🔸Is AngelList loosing its advantage? 🔸Red flags in pitch decks 🔸If money was not an object, what would you be doing? & more. Listen now 👇 Follow Brain on twitter here - https://twitter.com/brianrbell Follow Nataraj on twitter here - https://twitter.com/natarajsindam Follow 100 Days of AI here - https://thestartupproject.io/100-days-of-ai/ Subscribe now 👇 🔸Spotify - https://open.spotify.com/show/3Cx7Q5r9Ow9eikxQjsJjjq…
Gordian Software raises $25M Series A, plans to triple headcount and expand product offerings
Bellevue-based Gordian Software raised a $25 million Series A to expand its travel upsell platform, plans to triple headcount by year-end and has raised $33 million to date with a $200 million valuation.
Rebellion Defense, led by ex-DDS head Chris Lynch and backed by Eric Schmidt, opens Seattle engineering hub
Rebellion Defense, a year-old Washington D.C. startup led by CEO Chris Lynch and backed by investors including ex-Google CEO Eric Schmidt, opened a Seattle engineering hub led by Matt Shobe to build AI and ML software for government clients using an agile, SaaS pricing model.