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On Bubbles … And Why We’ll Be Just Fine

Both Sides of the Table

I know that most people who are close to them tend to deny their existence, as we saw in the great housing bubble of 2002-2007 and the dot com bubble of 1997-2000. million pre-money valuation is now raising $1 million at a $12 million valuation the next investor has nowhere to go but up (or sit out the investment). Have a cushion.

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African payments company Flutterwave raises $170M, now valued at over $1B

TechCrunch

The proliferation of fintech services across Africa remains in full swing as investors remain bullish about the opportunities that abound in the sector. New York-based private investment firm Avenir Growth Capital and U.S. hedge fund and investment firm Tiger Global led the Series C round. .” Image Credits: Flutterwave.

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Black Crow AI raises $25M to predict which products e-commerce customers will buy

TechCrunch

Site59 was acquired for $43 million in 2002 by Travelocity, where Harris served as SVP of strategy and distribution prior to Expedia’s purchase of Travelocity in 2015. We think this is the next huge opportunity in machine learning and AI — mass-market adoption and mass customization.”

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Jedox raises over $100M to expand its financial modeling and analytics software to more verticals

TechCrunch

Today, a company that is providing the platform to do that is announcing a significant fundraise to tap into that opportunity. But he confirmed that Insight took a majority investment, and that this funding comes on the heels of a lot of demand from financial and strategic investors to back the company. ” Insight closes $9.5B

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Some Career Advice for Aspiring Tech CEOs

Both Sides of the Table

For some aspiring to be tech entrepreneurs, I often suggest a two-step process, as I argued in this post that “ The First Startup Founder You Need to Invest in Is You.” Maybe they were in their 20s in 2002 when being a startup CEO wasn’t really available to most? At Upfront we invested in such a company.

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How Reed Hastings’ Facebook Status Update Landed Netflix in SEC’s Crosshairs

Gust

Modern theories of economics and finance teach us that in a world of perfect information, the market will decide what a fair price is for any company’s stock at any point in time based on its current financial condition, results of past operations, analysts’ forecasts of future performance, industry conditions and so on.

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Stitch Fix: Reinventing Retail Through Personalization

abovethecrowd.com

Having read the majority of Peter Lynch’s investment books, I knew not to ignore the overwhelmingly positive feedback from our team. Seasons, styles, sizes, and high industry-wide return rates all combine to create numerous opportunities for failure. You only keep and pay for what you like, and send back what you do not.

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