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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. Venture capital is a talent game, which starts with the team that’s inside Upfront.

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African tech took center stage in 2021

TechCrunch

From varying sources, it is estimated up to $2 billion went into African tech startups in 2019. African startups nearly raised $1.5 Entering 2021, the bullishness of African tech stakeholders returned — and why not? Predictions were made on how much the continent’s startups would raise in December. billion and $2.8

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Steve Case Testifies on Expanding Access to Capital Across America

Revolution

Each of these represents a significant governmental effort to strengthen American competitiveness by affirming the idea that cities can be renewed and rise again if they develop a vibrant startup culture. Startups are the lifeblood of our economy, driving innovation, creating jobs, and fueling growth in red and blue communities nationwide.

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Fintechs could see $100 billion of liquidity in 2021

TechCrunch

2019 looks to continue another lights-out year for fintech startups. 2020 performance of individual fintech companies vs. SPX Image Credits: CapiQ, Yahoo Finance. Fintech Index, 2016 -2020 Image Credits: CapiQ, Yahoo Finance. More posts by this contributor. 2019 saw a stampede of fintech unicorns. Ben Altshuler. Contributor.

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Come Work at YC – July 2021

Y Combinator

Admissions Associate : Twice a year, Y Combinator receives tens of thousands of applications from promising startups all around the world. This is a unique opportunity for somebody who loves data and startups to help us build definitive points of view to guide investment decisions. Find out more about the open roles here. ADMISSIONS.

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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

At our mid-year offsite our partnership at Upfront Ventures was discussing what the future of venture capital and the startup ecosystem looked like. Should SaaS companies trade at a 24x Enterprise Value (EV) to Next Twelve Month (NTM) Revenue multiple as they did in November 2021? discipline & focus.

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

American Entrepreneurship

The company touts over 200,000 businesses with, a large portion being startups that use its services as a financial backbone, replacing cumbersome platform switching or thejuggling third-party apps. billionmore than double its 2021 Series B figure of $1.6 Bank accounts are the nucleus of business finance, said Akhund.

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