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Uganda’s Tugende closes $3.6M Series A extension to meet the demand for its asset finance products

TechCrunch

Ugandan technology-enabled asset finance company Tugende today announced that it has closed $3.6 This brings Tugende’s total Series A financing to $9.9 This brings Tugende’s total Series A financing to $9.9 The company is also currently piloting financing for e-mobility assets. . Image Credits: Tugende.

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Why USV is Joining the Libra Association

A VC: Musings of a VC in NYC

When USV invested in Coinbase in early 2013, our rationale was that digital currencies and digital assets (like Bitcoin and beyond) were a breakthrough technology, similar to TCP/IP, HTTP and SMTP. We believe Libra has the potential to be the catalyst that brings the entire cryptocurrency and cryptoasset market into the mainstream.

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How to Kick Start Your Community’s Startup Scene

Both Sides of the Table

One measure of CincyTech’s overall impact is that in 2013, its portfolio companies represent 80% of total seed and early stage capital invested in Southwest Ohio. We started investing the fund in April 2012 and by early 2013 had closed our fund to new investors. None of us are derivatives of Silicon Valley.

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The Most Important Advice I Could Give You About Unicorns

Both Sides of the Table

You don’t have the revenue or profit to support that valuation.” In November of 2013 Aileen Lee of Cowboy Ventures coined the term “ Unicorn Club ” as it relates to billion-dollar startup companies. ” The report also notes that 75% of mega financings are led by non-VCs. No, I take that back.

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Parthean cares about personal finance so you don’t have to

TechCrunch

A big area where this exists prominently is in finance, he argues, leaving consumers in a spot where they need a financial platform that helps them when they have a fever (overspend) instead of when they’re feeling ambitious (after their New Year’s resolution). Activation edtech.

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WP Engine passes $100M in revenue and secures $250M investment from Silver Lake

A Smart Bear

This week we closed $250M in financing from Silver Lake , the premier technology private equity firm. And now, with Silver Lake’s investment and support, we can accelerate our growth investing even more into our strategic roadmap, and placing some new bets on ideas we’ve had but haven’t been able to find the space to explore.

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What Future for Accelerators?

Both Sides of the Table

It was 2009 and it was terribly difficult to get any financing (if you can remember a time like that!) Throughout 2012 & 2013 we funded many companies and then pulled together a second fund. They have raised company profiles and made follow-on financings easier. We had a specific goal in mind. What next for Launchpad?