Remove pricing-amendment
article thumbnail

Kenya cracks down on digital lenders over data privacy issues

TechCrunch

The change adds to a raft of measures taken by Kenyan lawmakers to protect citizens from rogue digital lenders who offer high-priced collateral-free loans. But price control is what concerns us and we are not happy with that – the moment you put an interest rate cap then there won’t be any lending.

article thumbnail

New capital positions luxury goods reseller Rebag for next round of innovation

TechCrunch

Rebag’s Clair technology suite includes proprietary software that can instantly recognize and price bags from the top 50 luxury brands, through an app or by uploading an image, and an offer from Rebag to buy it. The company amended its funding round size to $33 million from $35 million. The marketplace now has more than 30,000 items.

article thumbnail

Why Raising Too Much Money Can Harm Your Startup

Both Sides of the Table

I was reminded of this yesterday watching my friend Justin Kan on Snapchat with this 10-second reminder, “No matter how much you raise at your company you’ll end up spending it in 12–24 months” https://medium.com/media/8594cb16d022a083932b0f3d60b79ebd/href I would probably amend it to say 12–18 months. People do what people do.

startup 292
article thumbnail

Daily Crunch: 2 months after launching, São Paulo-based payments startup Yuno raises $10M

TechCrunch

TC Sessions Climate is coming ; OpenView Ventures’ Kyle Poyar is coming to Early Stage to talk software pricing ; and we just announced that Luminar’s Austin Russell is coming to our upcoming mobility-focused event. Don’t reinvent Excel, just amend it ? TechCrunch is going to have a busy darn year. We can’t wait to see you!

startup 84
article thumbnail

One Simple Paragraph Every Entrepreneur Should Add to Their Convertible Notes

Both Sides of the Table

When you do a convertible note with a cap that converts into the next round of funding one of the unintended consequences is that if you’re successful and raise at a larger price than your cap the early angels often get “multiple liquidation preferences” on their dollars in. The early risk is why they get a cheaper price.

article thumbnail

How Caribbean entrepreneurs are tackling climate change with their businesses?

Young Leaders of the Americas Initiative

Nikita says that “as the country grapples with foreign exchange availability and rising food prices, we have a responsibility to use our skill to highlight local agricultural inputs (seeds, fish fertilizers, soil amendments), while giving people the tools and resources to grow more of their food at home.”

article thumbnail

Don’t Try to “Pull an Instagram.” Here’s Why …

Both Sides of the Table

“it’s smart to use an impending investment valuation to drive a higher acquisition valuation” I would like to amend her statement slightly to read, “it’s smart to use an impending investment valuation to drive an higher acquisition.” to justify a “strategic” price. Think about it. .”

VC 316