Sat.Apr 16, 2022

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Neobank Fi finalizing funding at $700 million valuation

TechCrunch

Indian neobank Fi is in advanced stages of talks to raise about $100 million at a $700 million valuation, according to three sources familiar with the matter. Alpha Wave Global, formerly known as Falcon Edge Capital, is leading the round, sources said. Singapore’s Temasek is also in talks to invest in the new round, one of the sources said. Fi, a two-year-old startup consisting of payments and other consumer tech executives from Google, Netflix and PayPal, declined to comment on Saturday.

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Public Exposure Is the Toxic Underbelly of Running a Company That Burns Entrepreneurs Out

Entrepreneur's Handbook

The building stage is easily the most freeing and fulfilling, but growth and publicity create gaping vulnerabilities. Continue reading on Entrepreneur's Handbook ».

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Let’s stop pretending there are silos in startupland

TechCrunch

I have been thinking a lot about silos, or the lack thereof, within startupland. There’s sometimes an artificial wall that is put up between companies at different stages of growth, when in reality, everyone is in the same room, clinking glasses and tripping over the same rug. Let me be more precise. As the late-stage market has cooled down for tech companies, many early-stage investors say their portfolio companies aren’t too impacted because they’re years away from an exit and have enough capi

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