Category: money
After closing its $2.2 billion latest tech fund, KKR adds top Cisco exec to its leadership team
KKR, the multibillion-dollar multistrategy investment firm, is beefing up its technology practice with the appointment of Rob Salvagno as a co-head of its technology growth equity business in the U.S. It’s a sign that KKR is taking the tech industry seriously as it looks for new acquisition and investment opportunities.…
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KPCB has already blown through much of the $600 million it raised last year
Kleiner Perkins, one of the most storied franchises in venture capital, has already invested much of the $600 million it raised last year and is now going back out to the market to raise its 19th fund, according to multiple sources. The firm, which underwent a significant restructuring over the…
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Casper’s valuation could fall 40% in IPO as it reports 2019 results
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re taking stock of the latest from Casper, the D2C mattress company that is going public. The unicorn announced its initial IPO price range this morning, targeting a $17…
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A founder’s guide to recession planning for startups
Schwark Satyavolu Contributor Schwark Satyavolu is a general partner at Trinity Ventures where he makes early-stage investments in fintech, security and AI. A serial entrepreneur, he co-founded Yodlee (YDLE) and Truaxis, both of which were acquired. Previously, he held senior executive positions at LifeLock and Mastercard. He is an inventor…
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African fintech firm Flutterwave raises $35M, partners with Worldpay
San Francisco and Lagos-based fintech startup Flutterwave has raised a $35 million Series B round and announced a partnership with Worldpay FIS for payments in Africa. With the funding, Flutterwave will invest in technology and business development to grow market share in existing operating countries, CEO Olugbenga Agboola — aka GB —…
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