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When entering an unfamiliar society, it is wise to learn the local customs, the unspoken rules, and the names of its heroes, villains, and gods.

Ted Livingston, CEO of messaging app Kik, spoke on stage at TechCrunch’s event in Shenzhen, China on Tuesday. Moderator Jon Russell asked him about why the company is doing an initial coin offering (ICO), a newly popularized method of fundraising.

The simple rule in business is that you must be willing to invest and take risks to grow, expand, and make money.  While the rule might be simple, how you choose to execute against it is a personal choice and there are no right answers.

ClassPass, the subscription service that for fitness classes and gyms, has today announced the close of a $70 million Series C funding round led by Temasek. Existing investors such as Acequia Capital, CRV, General Catalyst, GV, M13 and Thrive also participated in the round.

Relay Ventures has closed its third fund at $150 million (CAD$220 million), as the Canada-based venture capital (VC) firm looks to target early-stage investments across the U.S. and Canada.

Venture capital-backed investment activity peaked in 2015, but analysts don’t expect that 2016 will live up to last year’s record in terms of deals or dollars. In fact, the past three months saw the lowest activity of any quarter over the past two years.

Unfettered by memories of failure or downturns, new breeds of young entrepreneurs are unleashing a wave of startup activity marked by swagger and confidence associated more with the Silicon Valley.

Birthdays are a great time for reflection. The startup that I co-founded in 2012 turns 4 this month, and I've decided to look back on the past four years and ask myself: If I could do it all again, what would I do differently?

Artificial intelligence and shopping — does that mean robots that’ll stock the shelves?

The rules have only been in place for a matter of months, but already Congress is moving to fine-tune the regulatory framework around the emerging field of equity crowdfunding that unaccredited investors are jumping into at a rapid pace.