That the venture capital market is incredibly exuberant at the moment is not news. Data from 2021 paints the picture of a startup fundraising game at peak velocity, with more capital, unicorns and nine-figure deals than ever. And let me tell you, some venture capitalists are tired of it. PitchBook has a post up detailing […]
African tech took center stage in 2021
Two years ago, the African tech ecosystem saw newfound attention from global players that translated to the continent’s best year of receiving venture capital. From varying sources, it is estimated up to $2 billion went into African tech startups in 2019. With high-profile visits from the most famous Jacks (Ma and Dorsey), a long-awaited first […]
Long-time Lyft CFO departs to become CFO at NFT marketplace OpenSea
Lyft’s long-time CFO Brian Roberts, who took the company public, announced Monday that he was departing the rideshare company that he joined in 2014 to take the same role at NFT marketplace OpenSea. Roberts confirmed earlier reports in a Twitter post. The departure is another signal of how executives and engineers are migrating from the […]
Employees detail rising tensions at Ro as healthcare unicorn struggles to grow beyond first win
Ro, one of the most valuable privately owned health tech startups, isn’t subtle about its mission to deliver vertically integrated, affordable healthcare with consumers in mind. And while a patient-centric healthcare system is undoubtedly overdue, Ro is first dealing with a massive challenge: its own inability to monetize meaningfully outside of Roman, its erectile dysfunction […]
The venture bull market is great for founders, but not in the way they might expect
Venture firms have more dry powder, deal sizes are growing rapidly and valuations are soaring. But a closer look reveals that these trends apply very unequally across the funding continuum.
3 things GitLab’s wild IPO pricing says about public markets
At minimum, we can say that public markets are as welcoming to high-growth SaaS as private markets. And perhaps, with GitLab’s IPO pricing, slightly warmer.
Global startups raise $158B in Q3, an all-time record
We’re beginning to see why it feels so busy out there. It is!
Creative capital is the secret sauce, not venture capital
Around 90% of startups fail, and the reasons for failure are well known: undercapitalization, scaling challenges, lack of a competitive advantage or realistic IP. But what about the 10% that succeed?
Can direct listings really fix the IPO pricing problem?
Even if you are tired of IPOs, the direct listings from Amplitude and Warby Parker warrant your attention.
What could stop the startup boom?
Similar to how certain macroeconomic conditions have provided a long-term boost, a reversal of those conditions could do the opposite.