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This serial founder is taking on Carta with cap table management software she says is better for founders

TechCrunch

Yin Wu has co-founded several companies since graduating from Stanford in 2011, including a computer vision company called Double Labs that sold to Microsoft, where she stayed on for a couple of years as a software engineer. YW: We’re a team of seven and have four people on the team who are former Y Combinator founders.

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Mambu raises $135M at a $2B+ valuation for a SaaS platform that powers banking services

TechCrunch

CEO and co-founder Eugene Danilkis said it will be using the money to expand deeper in the 50 markets where it is already active, as well as focus more on specific regions like South America and Asia. The funding gives Mambu a post-money valuation of €1.7 billion (just over $2 billion at today’s rates), the company has confirmed.

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‘Insane’ — UK tech reacts to government moves that might hand UK startups contract to Barclays Bank

TechCrunch

Tech City UK, its predecessor, was launched in 2011 by former prime minister David Cameron and concentrated largely on the London ecosystem until 2018 when it merged with Tech North (based in Manchester). We can’t hand the support to the tech ecosystem to an incumbent bank! Tech Nation has long been embedded in the U.K. and abroad.

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Nelo joins the BNPL rush, with $20M in new funding and the Mexican market in its sights

TechCrunch

“Our goal is to enable digital commerce throughout LatAm, and BNPL in Mexico is our first step towards that vision,” said CEO and co-founder Kyle Miller. Nelo is planning to use its new capital to grow its consumer and merchant base, and to continue to build out its team. million since its 2019 inception.

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The Decline of New SaaS Company Formation

Tomasz Tunguz

In 2011-2013, about 1450 software companies were founded each year on average. This is counterintuitive considering the broader venture capital backdrop of near record venture investment in software. If it is a long term trend, it means less competition for new founders. Why does Crunchbase data indicate this decline?

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Ed Zimmerman: The Growing Scarcity of Series B Venture Rounds

WSJ - The Accelerators

For instance, as I’ve previously written , “In 2011, only 28% of Europe’s venture-backed tech deals were seed stage… [but] in 2013 and 2014, roughly half of all European tech venture deals were seed stage.” So more of these companies march into the wide mouth of the funnel. Because the U.S.

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This former Tesla CIO just raised $150 million more to pull car dealers into the 21st century

TechCrunch

As Vijayan tells it, he knew nothing about cars until joining Tesla in 2011, following a dozen years of working in product development at Oracle, then VMware. Instead, they found themselves tracking incumbents Reynolds & Reynolds, CDKGlobal and Cox Automotive’s Dealertrack — and waiting for a better player to emerge.