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How to Create a Healthy Local Startup and Tech Community

This is going to be BIG.

In 2010, Antonio Garcia Martinez, the founder of AdGrok, wrote, “New York will always be a tech backwater, I don’t care what Chris Dixon or Ron Conway or Paul Graham say.” It can’t just all be from one company either—because only a small fraction of big company employees are ever going to want to work at a startup. You need both.

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Singapore’s Vertex Ventures Southeast Asia and India Raise $541M, Prioritizes Women-Led Startups

AsiaTechDaily

VVSEAI Fund V’s substantial corpus includes a dedicated co-investment envelope of $50 million, which will be utilized to invest alongside the primary fund in startups led by women founders. More than 35 percent of startups in VVSEAI Fund IV boasted at least one woman founder.

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Uganda’s Tugende closes $3.6M Series A extension to meet the demand for its asset finance products

TechCrunch

Ugandan technology-enabled asset finance company Tugende today announced that it has closed $3.6 This brings Tugende’s total Series A financing to $9.9 This brings Tugende’s total Series A financing to $9.9 The company is also currently piloting financing for e-mobility assets. . Image Credits: Tugende.

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Daily Crunch: Embedded finance fintech Pezesha raises $11M pre-Series A equity-debt round

TechCrunch

Embed that finance : Pezesha, a Kenyan-based fintech startup, is flush with $11 million in new capital as it seeks to bridge the gap between access to financial products and what is a “$330 billion financing deficit for the small enterprises that make up 90% of Africa’s businesses,” Annie reports. Startups and VC.

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Revenue-based financing: The next step for private equity and early-stage investment

TechCrunch

Revenue-based investing ( RBI), also known as revenue-based financing, or revenue-share investing, 1 is a natural next step for the private equity and early-stage venture investment industry. More recently, we have seen numerous new investment models and financing instruments, including shared earnings agreements and point-of-sale capital.

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Mean Reversion: When Will Startup Investing Return to Normal?

Tomasz Tunguz

The red is a linear model based on data from 2010 to 2018 that predicts activity rates for each financing series of US & Canadian software companies. [1] By looking at the cumulative rounds since 2010, we can see that Seed, A, & B volumes all trended meaningfully above their predicted counts.

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Making Sense of the Stock Market Drops in Relation to Venture Financing

Both Sides of the Table

It will make follow-on financings much harder and people will have to consider whether or not to do inside rounds. These are all normal things but in this big run since 2009 we’ve all gotten used to nearly 100% follow-on financing rates, valuations only moving up, deals clearly the convertible note caps and low mortality rates.

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