Saturday, 17 Nov 2018
Category: Goldman Sachs

Growing pains at venture-backed Moogsoft lead to layoffs

Eight months after bringing in a $40 million Series D, Moogsoft‘s co-founder and chief executive officer Phil Tee confirmed to TechCrunch that the IT incident management startup had shed 18 percent of its workforce, or just over 30 employees. The layoffs took place at the end of October; shortly after, Moogsoft announced two executive hires. […]

Africa Roundup: Paga goes global and 4 startups raise $99M in VC

Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Polestar unveils first production EV with aim to overtake Tesla Liquid Telecom goes long on Africa’s startups as future clients Nigerian digital payments startup Paga is gearing up for international expansion […]

India’s Livspace raises $70M for its one-stop-shop for interior design

Livspace, an India-based startup that helps consumers manage home renovations and interior design, has pulled in a $70 million Series C deal that’s led by Goldman Sachs and TPG Growth. Existing investors Jungle Ventures, Bessemer Venture Partners, and Helion Ventures also took part in the round, which takes Livspace total funding to date to over $100 million. […]

Latin America is the next stage in the race for dominance in the ride-hailing market

Nathan Lustig Contributor Nathan Lustig is an entrepreneur and managing partner at Magma Partners, a seed-stage investment fund in Santiago, Chile. More posts by this contributor Latin America is the next stage in the race for dominance in the ride-hailing market Latin America’s Movile is quietly building a mobile empire As the number of competitors […]

Crypto market crashes after Goldman reportedly scraps trading plans

The crypto market is down significantly today, practically across the board of all coins, following a report that claims Goldman Sachs has backed down on plans to start a dedicated cryptocurrency trading desk. Bitcoin is down over five percent in the last 24 hours, but ‘altcoins’ have been hit harder. Ethereum (down 14 percent), XRP […]

Reports indicate that Tesla has been subpoenaed over Elon Musk’s tweets

The long week for Tesla is getting even longer as the company has now been subpoenaed by the Securities and Exchange Commission, according to multiple reports. First reported by the Fox Business Network and confirmed by The New York Times, federal regulators appear to be interested in Elon Musk’s August 7 tweet regarding his plans for […]

MallforAfrica and DHL launch MarketPlace Africa global e-commerce site

Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Nigerian logistics startup Kobo360 accepted into YC, raises $1.2 million Breaking down France’s new $76M Africa startup fund MallforAfrica and DHL are giving African merchants a global stage. This week […]

Real Vision, a media platform for finance and business, raises $10 million

Real Vision is entering the crowded business and financial new space with a bang. The company, which recently raised a $10 million Series B after a $5 million A round, is working on a number of new initiatives including distribution on Apple TV, a content distribution partnership with Thomson Reuters and an upcoming documentary on […]