Tag: venture capital
Did African startups raise $496M, $1B or $2B in 2019?
Five years ago, it was hard to come by any numbers for annual VC investment in Africa. These days the challenge is choosing which number to follow. That’s the case for three venture funding studies for Africa that turned up varied results. The numbers and variance Investment stats released by…
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Oyo layoffs, Airbnb’s delayed IPO and the long-term quandary of investing in travel startups
It’s the best and worst of times for travel startups. Massive growth over the past few decades has made tourism one of the big global industries, covering everything from recreation to business conferences to shopping sprees. But doubts about the future of the industry are growing — and not just…
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Lerer Hippeau’s Ben Lerer shares his priorities for scouring seed deals
Enterprise software startups are changing how they infiltrate companies, and investors are taking note. Last week, I chatted with Lerer Hippeau‘s Ben Lerer after his firm had just led a seed round in Air, a digital asset management platform. I used the opportunity to pick his brain about what he’s…
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Africa Roundup: TLcom closes $71M fund, Jumo raises $55M, AWS partners with Safaricom
VC firm TLcom Capital closed its Tide Africa Fund at $71 million in February, and announced plans to invest in 12 startups over the next 18 months. The group — with offices in London, Lagos and Nairobi — is looking for tech-enabled, revenue-driven ventures in Africa from seed-stage to Series…
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DocSend’s new pre-seed data shows how many founders you should have and how many investors you should meet
DocSend has become one of the most popular tools for sharing venture fundraise decks, not only because of the control it offers, but also because of the analytics it can provide founders on how VCs read decks and where they might get stuck as they are perusing from slide to…
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Shasta Ventures debuts ‘Ignite,’ a collection of help and services to drive its startups to $10M ARR
Shasta Ventures, a venture capital firm that has raised more than a half-dozen funds in its life, announced a new program this morning designed to help its portfolio companies scale to $10 million of annual recurring revenue (ARR) from $1 million ARR or less. The project, a collection of workshops,…
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