Startups
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President Obama explains why you can’t run the U.S. like a startup
Last week, the White House held its Frontiers Conference in Pittsburgh, with a focus on what the U.S. Government is doing for the future, in areas including space exploration, smart cities and more effective police accountability. President Obama ended the conference with a speech that included some real talk for startup founders and others in Silicon Valley who might think the White House… Read More
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Bezahlt is a new German invoice financing startup from the founder of Kreditech
It was long-rumoured that Sebastian Diemer, who co-founded credit scoring and loans company Kreditech, was doing another startup in the fintech space and today that new venture de-cloaks. Bezahlt.de, which, along with Diemer, counts numerous other ex-Kreditech employees as part of its founding team, is taking aim at the German ‘factoring’ market. Read More
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VC firm Daphni announces its first $165 million fund
Paris-based VC firm Daphni is announcing its inaugural fund for seed and Series A investments. The team will manage a $165 million fund (€150 million) and try some new things when it comes to venture capital in Europe. On paper, Daphni looks like many other funds. A bunch of limited partners have given a big pile of money so that a team of tech-savvy people can invest everything in startups.… Read More
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A Look into Chile’s innovative startup government
For better or for worse, Chile is often held up as the economic model for Latin America. More so even than other up-and-coming tech centers, the story of startup entrepreneurialism in Chile is a story of concerted government policy. That policy is formulated by the Corporación de Fomento de la Producción de Chile, which is tasked with promoting economic growth in the country. Read More
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Iraq founders gather at Fikra Fair to show their nation has more to offer than oil
This weekend in Baghdad, tech entrepreneurs and local government officials gathered at the Fikra Fair to network, demo their apps and show the world that Iraq has more to offer than oil. According to the Human Rights Watch, challenging realities of daily life for many people in Iraq include sky-high food prices, cash shortages, a lack of communications infrastructure, and restricted access… Read More
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How startups can use data to grow smarter
Tech investing isn’t what it used to be — even compared to six months ago. Investors are applying greater scrutiny to deals. Founders are realizing they can’t favor growth over profitability, or vice-versa — both are crucial to success. There’s a reason VCs are calling for “a return to fundamentals” — they don’t want to see newly minted… Read More
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While the IPO market roars back, venture remains leery
The IPO market is poised to make an almost complete 180° turnaround after a bleak Q1 and a very quiet summer. In contrast, venture capital investments, which had recalibrated alongside the IPO market in the second half of last year, have remained sedate, with a clear flight to quality; fewer rounds, for higher quality companies, with larger check sizes. Read More
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Instacart reverses course, re-introducing tips for shoppers
Under pressure from shoppers complaining about losing the ability to receive tips last month as the company looked to smooth out the earnings curve, Instacart said it is re-introducing customer tipping. “After announcing this change, we heard a lot of feedback from our shopper community,” the company said in a blog post. “While our shoppers liked most of the changes, they did… Read More
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Uber hits another roadblock
Uber, the ridesharing behemoth that recently began operating driverless cars and exploring self-flying drone taxis, can’t seem to catch a break these days in the legal arena. The New York State Department of Labor has ruled that two Uber drivers, Jakir Hossain and Levon Alesanian, are indeed employees — not contractors — and therefore eligible to receive unemployment… Read More
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From the distributed workforce to the partnered economy
Most won’t have noticed a recent $6.5M Series A for a company called Mobilize, but it’s indicative of a major change occurring in businesses today. Companies’ growing reliance on a distributed workforce have been occupying headlines and podcasts for the past couple of years. However, these conversations must now turn to how companies increasingly depend on partnerships as… Read More
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