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African tech took center stage in 2021

TechCrunch

Entering 2021, the bullishness of African tech stakeholders returned — and why not? Stephen Deng, the co-founder and partner of DFS Lab, a firm that invests in digital commerce startups, serially compared the 2016 Southeast Asia funding landscape to where Africa might be in 2021, at $3 billion. billion and $2.8

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GetVantage offers revenue-based financing to India’s founders

TechCrunch

That’s the gap that revenue-based financing platforms like GetVantage want to fill. GetVantage says this includes several debt lines with non-banking financial companies to help scale its financing platform. For founders without the right network, it’s hard to find investors.

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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

Should SaaS companies trade at a 24x Enterprise Value (EV) to Next Twelve Month (NTM) Revenue multiple as they did in November 2021? This happens slowly because while public markets trade daily and prices then adjust instantly, private markets don’t get reset until follow-on financing rounds happen which can take 6–24 months.

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Come Work at YC – July 2021

Y Combinator

The program offers all YC founders resources to help them achieve the best possible outcomes when raising capital: year-round workshops, detailed fundraising guides & templates, and 1:1 support. This is a great role for somebody who loves helping startups, is eager to talk with YC founders (our customers!), Learn more. Learn more.

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Mercury’s $300M Series C Doubles Valuation to $3.5 Billion Fueled by Powerful “One Banking Account” Model

American Entrepreneurship

billionmore than double its 2021 Series B figure of $1.6 This round is about seizing the opportunities ahead for our next phase of growth, including driving innovation with new products, exploring acquisitions, and ensuring long-term financial flexibility, said Immad Akhund, co-founder and CEO of Mercury.

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Metropolis’ AI Platform Transforms Parking Experiences, Backed by $1.8 Billion in Financing

American Entrepreneurship

The four co-founders are continuing to pass major milestones with an acquisition strategy and timely funding since its launch in 2017 Drivers’ parking experiences around the country are now being enhanced through artificial intelligence, enabling them to readily come and go without checking out.

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Upfront Ventures Raises > $650 Million for Startups and Returns > $600 Million to LPs

Both Sides of the Table

2021 saw phenomenal returns for our industry and it topped off more than a decade of unprecedented VC growth. Since 2021, Upfront returned more than $600 million to LPs and returned more than $1 billion since 2018. What do you do with a $650 million platform?

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