Techstars is bringing its accelerator program to Africa. — Quartz

In June, MFS Africa bought Oklahoma-based Global Technology Partners in a cash-and-shares deal worth $34 million. It was, as the Financial Times described ita rare instance of an African firm buying a US fintech company, underscoring the global ambitions of the continent’s tech innovators. Investors in African tech are optimistic that more of these companies … Read more

Turn down for what? – TechCrunch

Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, subscribe here. Gumroad’s Sahil Lavingia broke into the venture world as one of the early testers of the rolling fund, an AngelList product that allows investors to raise capital on a subscription-like basis. That … Read more

Early AirTree funds marked down 18pc on massive Canva valuation cut

“This quarter, we have marked down a small subset of late-stage companies that have a large impact on our funds’ holding value. “These markdowns aren’t a reflection of our conviction in the relevant companies. They’re an acknowledgment of movements in public comparables for our material, late-stage positions.” While AirTree’s accounts have been audited since the … Read more

Texas Competition Seeks Women-Owned Businesses – NBC 5 Dallas-Fort Worth

The Governor’s Commission for Women is gearing up for its annual initiative to support women entrepreneurs across the state. Over the next two months, it will mark the return of the Women-Owned Business Series for 2022, in partnership with the Beacon State Fund. Texas ranks third among all states for women-owned businesses, boasting nearly over … Read more

No more FOMO, as VCs approach startup funding with new metrics and priorities

The billions have turned into millions as the startup funding environment has come down from the high of 2021 to a more subdued situation in 2022. The total venture capital funding in July this year captures the decline, as it stood at $652.7 million compared to $2.7 billion in June. The year 2021 witnessed a … Read more

“We’re a startup that is not playing with minds; we are playing with hearts.”

Knowing why someone is doing something is important to May Piamenta, co-founder and CEO of Vee. Understanding a person’s purpose can change the picture you have of them. She shares that everyone has their own why and their own causes they want to support, and Vee aims to help connect people to opportunities to help. … Read more

Stanford dropouts’ startup worth millions, could be India’s tech unicorn

“When we started this 12 months ago, every conversation we had was, ‘You’re totally out of your mind, this is never going to work,’” said teenage CEO Aadit Palicha. Yet, Palicha’s company has managed to prove those doubters wrong — it’s now nearing unicorn status and is one of India’s fastest-growing quick commerce apps. A … Read more

Venture capital: How badly will The Big Chill hit NZ?

The investors who fund startups are pulling in their heads in the US and Australia, and slashing the value of their existing holdings amid rising interest rates, recession fears and a dive in tech stocks on public markets. Industry players say New Zealand might not get hit so hard, however, given that investors here have … Read more

Successful Entrepreneurs Have These 5 Qualities

Opinions expressed by Entrepreneur contributors are their own. It’s tricky to compile a list of what makes entrepreneurs successfulmainly because their individuality often sets them apart for life as an entrepreneur. Nevertheless, there are notable common traits among those who disregard an employee’s life and embark upon their path. We’ll look at five of them … Read more