[ad_1] Bling Capital, one of the more prolific and well-connected seed VC firms, has nabbed another $270 million for a new flagship fourth fund. About half of those fresh millions are earmarked for its opportunity fund, money set aside to make follow-on investments into winners, Bling general partner Kyle Lui tells TechCrunch. Bling is the … Read more
[ad_1] It’s no secret that the venture capital industry is facing a liquidity crisis as IPOs and other exits remain few and far between after 2020 and 2021’s record-breaking years. Now, we have numbers that show just how bad it’s gotten. In 2023, the U.S. VC industry invested $60 billion more into startups than it … Read more
[ad_1] Running payroll is hard in any country, but perhaps especially so in Brazil thanks to consistently changing laws and extremely influential unions that make it significantly harder to get it right. Fernando Gadotti struggled with this as the co-founder and CEO of DogHero, LatAm’s version of Rover. When Gadotti left the company in 2022, … Read more
[ad_1] The UK’s Capital Gains Tax (CGT) rates are set for a significant increase following Rachel Reeves’ budget. Under the new rates, individuals will face an 18% charge on assets that yield a profit, up from 10%, while higher-rate taxpayers will see CGT climb from 20% to 24%. The change was confirmed on Wednesday (October … Read more
[ad_1] African venture capital firm Janngo Capital has closed its second fund at €73 million (about $78 million), 20% more than its initial target of €60 million (about $63 million). The firm marked the first close of the fund at €26 million in 2022, roping in limited partners such as the African Development Bank Group … Read more