Odds and Ends 

Why Silicon Valley needs more visas

Henrique Dubugras Photo courtesy of Flickr/jvoves While it might sound counterintuitive, immigrants create more jobs and make our economy stronger. Research from the National Foundation of American Policy (NFAP) has shown that immigrant-founded billion-dollar companies doubled their number of employees over the past two years. According to the research, “WeWork went from 1,200 to 6,000 employees between 2016 and 2018, Houzz increased from 800 to 1,800 employees the last two years, while Cloudflare went from 225 to 715 employees.” We’ve seen the same growth at Brex. In just one year…

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Odds and Ends 

Houzz raises a huge $400M round at a $4B valuation

If you ask investors in Silicon Valley about Houzz an app where you browse ridiculously nice homes and check out interesting interior design ideas theyll probably quietly mutter that theyre just growing their business. We really dont hear about Houzzs business that often. Except now the company says it has raised $400 million led by Iconiq Capital, with Sequoia,Zeev Ventures and GGV also participating in the round. The new financing round values the startup at $4 billion, according to Bloomberg, making it one of the higher valued consumer startups and…

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