Unicorn Hunter Wesley Chan Shares Secrets to Success
Wesley Chan, investor in Plaid, Gusto, and Canva, reveals his approach to finding the next big thing at TechCrunch Disrupt 2024.
Venture Capital
African Startup Ecosystem Sees Growth with 10 Valuable Unicorns
African startups achieve unicorn status, with 10 companies valued at over $1 billion, despite challenges in the ecosystem.
Startup Valuations: Bigger Isn't Always Better, Experts Warn
Experts caution startups against inflated valuations, warning of negative impact on employee morale and future funding rounds.
Blue Bear Capital Raises $160M for Software-Centric Climate Tech
Blue Bear Capital raises $160M for software-centric climate tech investments, bucking the trend of hardware-focused funds
Nigerian Startups Struggle to Scale
Nearly half of Nigerian startups generate less than $6,000 in annual revenue, citing lack of capital and regulatory hurdles.
Anthropic Secures $4 Billion Investment from Amazon, Solidifying Partnership for AI Development
Anthropic, a close rival to OpenAI, raises $4 billion from Amazon, deepening their partnership for AI development and deployment on AWS
LinkedIn Co-Founder Reid Hoffman Raises Concerns Over Trump's Tech Industry Favors
Reid Hoffman, co-founder of LinkedIn and Inflection AI, expresses concerns over President-Elect Donald Trump's potential favors to certain tech companies and individuals, including Elon Musk, in a recent opinion piece.
New Venture Firm Emerges: Fintech Veterans Gilroy and Rajaram Plan $400M Debut Fund
Former Coatue fintech head Michael Gilroy and tech executive Gokul Rajaram are launching a new venture firm, targeting a $400M to $500M debut fund for early-stage fintech and software startups in the US.
ServiceTitan's IPO Filing Reveals 'Compounding Ratchet' Structure, Raising Concerns for Late-Stage Companies
ServiceTitan's IPO filing discloses a 'compounding ratchet' structure, sparking concerns about late-stage companies forced to go public with unfavorable terms due to tanked valuations in 2022.