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Making sense of Klarna

TechCrunch

By enabling customers that shopped online to be mailed an invoice with 30 days to pay, online shopping could be made easier and safer for consumers, which in turn helped increase sales for retailers. But it wasn’t really that technology driven,” he concedes. “That was our loss for being too arrogant,” says Zennström.

investing 143
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How to Find a Job as a VC Scout: Compensation and Which Firms Are Recruiting

David Teten VC

Our mission is to grow and diversify Western Canada’s technology startup ecosystem. . “If The firm was founded in 2007 by Goldman Sachs professionals and manages $400 million across multiple funds. We hope to build the best capital partner for emerging market startups. . Open Water is a new type of startup accelerator.

VC 128
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Ycombinator - Where unicorns are born

Don Dodge

They were part of the Ycombinator Cambridge class of 2007, after being rejected by YC in 2005 and 2006. I remember the Demo Day in 2007 where DropBox presented to about 30 Boston area Angels and Venture Capital investors. Two years later in 2007 I interviewed Paul and asked him why he started Ycombinator.

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Making sense of Klarna

TechCrunch

By enabling customers that shopped online to be mailed an invoice with 30 days to pay, online shopping could be made easier and safer for consumers, which in turn helped increase sales for retailers. But it wasn’t really that technology driven,” he concedes. “That was our loss for being too arrogant,” says Zennström.

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Egypt’s Paymob closes $18.5M Series A to expand payments services across MENA

TechCrunch

Right now, Egypt is home to a burgeoning fintech startup ecosystem, and today, one of its biggest players, Paymob announced that it has completed an $18.5 “ Their market opportunity is also huge; Egypt’s transformation to a cashless society is being enabled by the unique products Paymob has built.”