Mon.Dec 26, 2022

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High-growth startups should start de-risking their path to IPO now

TechCrunch

Carl Niedbala. Contributor. Share on Twitter. Carl Niedbala is COO and co-founder of Founder Shield, a commercial insurance broker. High-growth companies often set significant goals, knowing full well that the idea of “overnight success” is for the storybooks. However, there is no better time than the middle of a market downturn to start planning for the leap from a private to a public company.

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Centbee raises $1m in pre-Series A funding round led by Ayre Ventures

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark. Username or Email Address. Password. Remember Me. No account yet? Register Centbee, a blockchain payments company based in London, has closed its pre-Series A round with $1 million in investments from Ayre Ventures. The additional investment from Ayre Group will enable the company to scale and grow as well as strengthen its technical and operating capacities.

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Indian fintech Money View valued at $900 million in new funding

TechCrunch

Indian fintech Money View said on Monday it has raised $75 million in a new funding round, its second this year, despite the market slump as it looks to scale its core credit business and build more products in the South Asian market. Apis Partners led Money View’s Series E funding round, valuing the Bengaluru-headquartered startup at $900 million, up from $615 million in a $75 million Series D funding round in March.

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A $30B Software Company from a $15m Investment

Tomasz Tunguz

Constellation Software is a $30b+ publicly-traded software holding company employing more than 25,000. A former venture capitalist, Mark Leonard started Constellation in 1995 with $15m of outside investment & a goal of buying vertical software companies with a moat & good unit economics. Vertical software companies pursue a particular market segment like car dealership management or hotel management software.

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Digitalization: 5 Tech Updates That Will Help You Survive The Recession & Thrive

Lack of digitalization decreases business competitiveness. To thrive, embracing modern solutions becomes essential. The approach to digitalization often aligns with a company's business model. This shift not only boosts productivity but also automates processes and improves security. The tech market offers a wealth of technologies tailored for management, planning, and forecasting, replacing outdated pen-and-paper methods.

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Jakarta-based fintech Akulaku raises $200M from Japan’s largest bank

TechCrunch

Jakarta-based fintech Akulaku has raised $200 million from Mitsubishi UFJ Financial Group (MUFG), the largest bank in Japan. This is part of a strategic investment, with startup and MUFG planning to expand into new markets and product together in 2023. Earlier this year, Akulaku raised $100 million in funding from Siam Commercial Bank as part of another strategic investment.

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My Quest for Speed - Learning to Use My Computer the Fastest Way Possible

Tomasz Tunguz

Sometime in the winter of 2020, I read Dan Luu’s article on latency. “I’ve had this nagging feeling that the computers I use today feel slower than the computers I used as a kid.” So he measured different computers using a high-speed camera & he found a modern Macbook had about 3x the latency of an Apple 2e, a computer from 1983.