Forge, the marketplace for trading private company shares formerly known as Equidate, announced that it will be acquiring custodial trust company IRA Services for a purchase price of $55 million. IRA Services is a trust company that provides custodial services for retirement accounts managed by individuals and mid-to-large sized Institutions. Stripped of financial jargon, the […]View More Forge acquires IRA Services to expand offering for private company shares
The Dakar Network Angels network launched this month, making its first investment in francophone Africa to cleantech venture Coliba. The Ivorian startup—that uses a mobile app to coordinate waste recycling—will receive mentorship and a minimum of $25K in seed funds. The deal is part of Dakar Network Angels’ mission of convening experts and capital to […]View More Dakar Network Angels begins startup investments in francophone Africa
Thinking of starting a business? Be forewarned: not all online content tailored to entrepreneurs is created equal. A Google search for the term “how to start a startup” yields 320,000,000 results — and although that may border upon hyperbole (thank you, imprecise search terms), that’s also indicative of the vastness of the resources available to entrepreneurs.
Without an idea of where to start, the aspiring entrepreneur can easily get lost in this vortex of online startup resources. That’s the issue entrepreneur Nathan Chan perceived when he created Foundr Magazine to address that issue.
Founded by Chan in 2013, Foundr is an entrepreneurial magazine run by the startup-obsessed for the startup crowd. Think of it as a quick and dirty online startup bible, featuring the intellectual firepower and unvarnished honesty of real founders who have been in the trenches themselves. Its content comes without the hefty price tag or lofty time commitment of, say, an entrepreneurship-focused business program, perfect for time-restricted startup folk looking to master the hustle on their own time. Read more…View More Get a lifetime subscription to entrepreneurial magazine Foundr for less than $35
When 500 Startups partner Hasan Haider announced the $15 million first close for the accelerator and investment firm’s Middle Eastern focused fund, 500 Falcons, Dave McClure was still at the helm of Silicon Valley’s second most famous accelerator. Within a month, McClure was removed from the accelerator after admitting to sexual misconduct and 500 Startups […]View More Two years after a first close, 500 Startups wraps its Middle East fund with $33 million
This week on Equity: Glossier and Rent The Runway enter the unicorn club and YC debuts 200 startups.View More Lyft’s IPO is hot, YC demo day, two new unicorns, and what’s Boy Brow?
Lagos based online lending startup OneFi is buying Nigerian payment solutions company Amplify for an undisclosed amount. OneFi will take over Amplify’s IP, team, and client network of over 1000 merchants to which Amplify provides payment processing services, OneFi CEO Chijioke Dozie told TechCrunch. The move comes as fintech has become one of Africa’s most […]View More Nigerian fintech startup OneFi acquires payment company Amplify
Skedulo, a service that helps businesses manage their mobile employees, today announced that it has raised a $28 million Series B funding round led by M12, Microsoft’s venture fund. Existing investors Blackbird and Castanoa Ventures also participated in this round. The company’s service offers businesses all fo the necessary tools to manage their mobile employees, […]View More Skedulo raises $28M for its mobile workforce management service
In the name of getting big quick, it seems like some of the most valuable private tech companies are turning to mergers and acquisitions (M&A) as a way to accelerate business growth. So-called “unicorns”—privately-held technology companies which achieve billion-dollar valuations sometime before (or as a direct result of) going public or exiting via M&A—are chomping […]View More To get big faster, younger unicorns start buying startups sooner
In this week’s startups newsletter: Y Combinator president Sam Altman is stepping down, Marie Kondo is raising VC and Munchery has finally filed for bankruptcy.View More Startups Weekly: What’s up with YC? Plus, mobility layoffs and Airbnb’s grand plans
Responding to Elizabeth Warren’s call to regulate and break up some of the nation’s largest technology companies, the venture capitalists that invest in technology companies are advising the presidential hopeful to move slowly and not break anything. Warren’s plan called for regulators to be appointed to oversee the unwinding of several acquisitions that were critical […]View More Venture investors and startup execs say they don’t need Elizabeth Warren to defend them from big tech
Venture investors are pouring billions of dollars into feeding their hunger for food and agriculture startups. Whether that trend line is due to enthusiasm for the sector or just broader heavy investing in the VC space is much less clear. According to a recent report published by AgFunder – a VC and investing marketplace focused […]View More VCs have growing appetite for “AgriFood”
The 500 Startups Japan crew is going independent. The VC firm announced a $30 million fund in 2015, and now the follow up is a new $45 million fund called Coral Capital. Helmed by James Riney and Yohei Sawayama, just like 500 Startups Japan, Coral will essentially continue the work the U.S. firm made in Japan, […]View More 500 Startups Japan becomes Coral Capital with a new $45M fund