AngelList is working on a new project called Maiden Lane. Behind this name is a new experiment in startup investment. Structured as a traditional small VC firm, Maiden Lane will only invest in AngelList syndicates or hand some money to active angels on the platform.
iChuangye, a Kickstarter-like crowdfunding service in China previously known as 5ichuang, today held its first-ever demo day to debut projects that are raising funds on the platform.
CEO Gu Bing, who preferred to name himself as chief service officer of the site, since he consider his works as offering services to entrepreneurs and venture capitalist in an effort to bridge their demands.