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Egyptian investment app Thndr nabs $20M from Tiger Global, Prosus Ventures and others

TechCrunch

But as a relatively young population, most of them have minimal equity market and investment exposure. The company has raised a $20 million Series A round to democratize investing in the Middle East and North Africa. and Europe, up to half of the population invests in financial instruments. One such is Egypt-based Thndr.

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Extra Crunch roundup: Edtech VC survey, 5 founder mistakes, fintech liquidity, more

TechCrunch

Mercedes Bent and Bradley Twohig , partners, Lightspeed Venture Partners (a multistage generalist fund with investments including Forage, Clever and Outschool). Rising African venture investment powers fintech, clean tech bets in 2020. Rising African venture investment powers fintech, clean tech bets in 2020.

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The Duolingo English Test

A VC: Musings of a VC in NYC

The “incumbent provider” of English proficiency tests, Test Of English As A Foreign Language (aka TOEFL), has had all of the companies and universities who accept it locked up for many years. But in some markets, incumbency matters more than better. It is two sides of the same coin. It costs less ($49 vs $205).

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Debt versus equity: When do non-traditional funding strategies make sense?

TechCrunch

” Despite the VC flurries of 2020 creating an ecosystem of seemingly endless equity, it’s important for entrepreneurs and founders to understand that there is no one-size-fits-all model for raising capital. People tend to think that category creation is less risky than incumbent disruption.

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Restrictions on acquisitions would stifle the US startup ecosystem, not rein in big tech

TechCrunch

For VC-backed companies, there are effectively three outcomes: standalone company (often via an IPO), merger or acquisition, or bankruptcy. Silicon Valley Bank’s 2020 Global Startup Outlook puts it this way: “[T]he fact is most entrepreneurs never expect to reach a public market exit.”

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Fintech outperformed the market in 2021, and it’s set to do even better

TechCrunch

The former commercial chief (Product, Sales and Marketing) at PayPal, he now leads fintech investing at Matrix Partners, where he also invests in consumer marketplaces and enterprise software. Fintech tailwinds, strengthened by the COVID-19 pandemic in 2020, only accelerated in 2021. Share on Twitter.

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Identity security platform Oort bags new cash to grow its product

TechCrunch

406 Ventures and Energy Impact Partners with participation from Cisco Investments. Investing in identity security is a must-have for enterprise security teams.” VC firms poured $2.3 billion in 2020, according to Crunchbase data. million in a Series A round co-led by.406 Image Credits: Oort.