Uber announced it will invest $1B in resources to grow its business in India. Uber will go up against Ola, India's largest cab hailing service, that's backed by $679M in venture funding from investors including SoftBank, Sequoia, and Tiger Global.

NewSchools Venture Fund, a venture philanthropy organization founded by KPCB's John Doerr, is launching an accelerator focused on science education. The program will offer $50k to $150k grants to up to 15 companies and nonprofits building tech to help students develop science and engineering skills.

Eric Paley of Founder Collective explains why attempting to keep up with the "Startup Joneses," or raising a big round just because your competitor did, is an all-too-common waste of time that can cripple your company.

Charlie O'Donnell of Brooklyn Bridge Ventures walks us through a VC Fund Cashflow model to show how LPs and investors estimate the success of a fund. Here's what to expect when you're expecting venture capital returns.

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