In a bit of a switch, startups that concentrate on serving businesses rather than consumers are garnering a bit more money from venture capital firms — who, as Reuters noted, want to see investment returns “sooner rather than later.” That’s a marked change of pace...
Logistics, particularly in shipping, more or less make the world go round. Done right the average person doesn’t think much about them, mostly because the process by which goods ship from one side of the world to the other is not the type of story...
The venture capital industry in the United States raised $12 billion, across 57 funds, in the first quarter of this year, as noted by the National Venture Capital Association (NVCA), in conjunction with Thomson Reuters. The commitments represented a 59 percent growth in terms of...
Investor letters are not generally highly renowned for their incredible readability. That’s never been a real problem since shareholders aren’t looking to be entertained when they read the annual missive from the CEOs whose firms they own a share of; they are looking to be...
Venture capitalists can be a cagey bunch, and now, they are a cautious bunch. The group, noted Bloomberg on Thursday (April 7), made fewer investments within the last quarter in the United States and actually loaded relatively more money into what Bloomberg termed as “mature private companies,”...
While there are many wonderful things to be said for parenting, there is one inarguable downside to bringing new life into the world: it is very, very expensive. From birth to age 18 the average cost of raising a child is estimated to be around...
French telecom giant Orange is making a play in the African retail industry with a $85 million investment in Nigerian eCommerce company Africa Internet Group (AIG). Orange’s investment in AIG opens new channels for the company to expand its market in 26 African countries through the tech...
Groupon has raised $250 million in fresh investment from Comcast-backed Atairos. As part of the investment deal, the two companies are planning on working together to build upon their local advertising platforms. Groupon said it plans on using proceeds from the investment to fuel its growth and...
While there’s no shortage of non-bank innovators, Continental Advisor’s Paul Purcell describes the innovation coming from those players as “starved.” But is the tide changing? Pro-consumer lending platform Cumulus just landed a $30 million Series A to launch a product that turns the category on...
