Author name: gale5540250429

Instacart has left us IPO nerds feeling whiplashed. Late last week, Reuters reported that the American grocery delivery and technology company might probably shelve its IPO until next year. The richly valued startup was poised to become the splashiest public offering of the year in the United States, but now it appears we won’t get …

What does Instacart’s supposedly delayed IPO teach us about how unicorns think? Read More »

Travel is back on the radar for investment, with consumers and business users both on the move again after a long pandemic period of staying in one place. Today, a startup called WeTravel — which builds tech for the specific needs of group travel — has raised $27 million, money that it will be using …

WeTravel books $27M to build fintech and more for bespoke group travel Read More »

The Department of Justice (DOJ) famously declared 2021 as the “worst year” for ransomware attacks, but it seems that title could be in 2022’s hands very soon. Despite some rare wins in the war against hackers over the past 12 months — from the government’s seizure of $2.3 million in bitcoin paid out to the …

To better thwart ransomware attacks, startups must get cybersecurity basics right Read More »

The funding environment may have changed in recent months, but startups with strong fundamentals are still able to raise. Merge, a startup that offers an API integration service with a focus on HR, payroll and accounting systems (among others), today announced that it has raised a $55 million Series B round led by Accel, with …

Merge raises $55M Series B for its unified API Read More »

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. We are back from Disrupt, which means we’re picking up the pieces of our work lives, getting back on track. Equity is now on its regular schedule, which is good. A big thanks …

Seeing startups tackle the health of our planet is giving me life Read More »

Matt Butcher and Radu Matei worked on container technologies for years; “containers” in this context referring to software packages containing all the necessary elements to run in any environment, from desktop PCs to servers. As engineers at Deis, and then DeisLabs once Microsoft acquired it in 2017, their team explored the container landscape and built …

Fermyon raises $20M to build tools for cloud app dev Read More »

Devin Abbott Contributor Share on Twitter Devin Abbott was founder of Deco (acquired by Airbnb) and specializes in design and development tools, React and web3 applications, most recently with The Graph. It’s too early to predict all the implications of the recent Ethereum blockchain Merge, but it definitely addresses the most frequent (and valid) criticism …

Building the bridge between Web 2.0 and web3 Read More »

Access to funding and lack of support systems are some of the greatest challenges faced by startup founders in sub-Saharan Africa. And while venture capital and founder support programs within the continent are growing, a lot still remains to be done to meet the financing, technology and social capital needs of especially marginalized groups, like …

Global VC Flourish launches Madica, an Africa-focused program to back pre-seed-stage startups Read More »

Tech giants are increasingly looking for tech talent in Africa, where the number of developers reached 716,000 last year, up 3.8% from 2020, according to Google. In the last six months, Microsoft and Amazon have been on a recruitment drive that came along with enticing offers including relocation to their hubs in the U.S. and …

Africa’s tech talent accelerators attract students, VC funding as Big Tech comes calling Read More »

Valuations have been top of mind for the entire venture industry this year as many VCs try to navigate their overvalued portfolios and founders scramble to conserve cash and grow into their lofty valuations. So one might have predicted that valuations would fall off a cliff this year. But that hasn’t happened because venture investing …

Why Q3’s median valuations actually make perfect sense Read More »