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E3 Capital and Lion's Head climate fund hits first close at $48M to back African startups

The E3 Low Carbon Economy Fund for Africa (E3LCEF), a fund by early-stage VC E3 Capital (formerly Energy Access Ventures), and emerging markets-focused investment bank Lion's Head Global Partners, has...

May 2023

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California's State Bar Is Trying To Save Face By Mandating Attorneys Snitch On Each Other

[photo1]Bar associations have one main job. Collecting dues from attorneys. They also do other things! They act as one of the hall monitors of the profession -- they are one of the powers that police ...

May 2023

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What to Do If You Have More Than $5,000 in Your Checking Account

When it comes to deciding how much cash you should keep in your checking account, the right amount depends on your financial situation. That being said, there's a good chance that one you hit $5,000 ...

May 2023

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This Kanye West, Marjorie Taylor Greene, Milo Yiannopoulos Story Is The Best Crim Law Issue-Spotter Ever

(Photo by Erin Scott-Pool/Getty Images)Remember the fun law professors who eschewed "Polly Plaintiff" or "Timmy Trustee" in favor of inserting real pop culture characters into the final exam? It alway...

May 2023

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In Europe, Accel banks on a turnaround over the next 6 to 9 months

It's been almost five years since this editor sat down with longtime VC Harry Nelis and three other investors from Accel's London office to talk about the trends rippling through the venture industry....

May 2023

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This Tool Reveals How Far You Can Travel on Your Tax Refund

As of the week leading up to Tax Day, the IRS had paid out nearly 76 million refunds, with the average refund totaling $2,840. While it may be smartest to put that extra cash toward debt (if you have ...

Apr 2023

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In the new normal for VC, builders will win

Opportunities (and challenges) in church techJesus, SaaS and digital tithingThough this may be a tough pill for some investors, we are never going back to the days where venture capital firms can win ...

Apr 2023

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Pitch Deck Teardown: Smalls' $19M Series B deck

Smalls has raised a total of $34 million for its cat food subscription business. But in a competitive pet food market, how does the company set itself from its competition?The cat food industry is an ...

Apr 2023

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How a fintech company handled a fintech crisis

When Silicon Valley Bank collapsed earlier this month, it sent massive waves across the banking and venture capital worlds, and beyond.Companies like Rippling, Brex and many others scrambled to secure...

Apr 2023

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Are solo GPs screwed?

Entrepreneur Ankur Nagpal raised a $70 million venture fund last year, called Vibe Capital, from over 200 investors. But now, as the market shifts and LPs are less interested in venture capital, the O...

Mar 2023

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Attorney Jailed For Stealing From Firm To Fuel His Gambling Addiction

[photo1]English trainee solicitor, Tauseef Sadeeq, pleaded guilty to 20 counts of fraud involving insurance compensation. Sadeeq's scheme had insurers pay client funds into his own personal account --...

Mar 2023

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Where did FTX customer money go? Firm says Bankman-Fried took $2.2 billion

Sam Bankman-Fried received about $2.2 billion in payments and loans from FTX entities, mainly from Alameda Research, FTX and its affiliated debtors said yesterday. Bankman-Fried's fellow executives re...

Mar 2023

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Quantum computing sector reacts to UK's new GBP2.5B programme

The UK government has pledged to invest GBP2.5bn in quantum computing over the next 10 years, Chancellor Jeremy Hunt announced today.The programme forms part of the new Spring Budget, which aims to re...

Mar 2023

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Flutterwave's troubles in Kenya yet to end as second case proceeds

Africa's most valuable unicorn Flutterwave is still not off the hook in Kenya. About $3 million of its money that was confiscated in the second government seizure over money laundering and fraud claim...

Mar 2023

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Silicon Valley Bank collapse is impacting many Indian startups

Over 60 YC-backed Indian startups have more than $250,000 stuck in accounts with Silicon Valley Bank and nearly two dozen have more than $1 million tied with the lender, according to a survey by and a...

Mar 2023

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Climate tech startups team up to decarbonize Arizona cement plant

Local governments in the southwestern U.S. are putting up $150,000 to back what they say is a pioneering effort to "turn air into concrete at scale." The funds will help cover the cost of the "referen...

Mar 2023

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EU launches EUR3.75 billion fund of funds to help tech startups scale up

Five EU member states and the European Investment Bank (EIB) Group have launched a new fund to support the late-stage growth of promising European tech startups and increase the continent's competitiv...

Feb 2023

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Ransomware victims are refusing to pay, tanking attackers' profits

Two new studies suggest that ransomware isn't the lucrative, enterprise-scale gotcha it used to be. Profits to attackers' wallets, and the percentage of victims paying, fell dramatically i...

Jan 2023

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Authorities dismantle crypto exchange Bitzlato, allege it was cybercrime "haven"

Federal authorities on Wednesday arrested the founder of Bitzlato, a cryptocurrency exchange they said has been a financial haven for Russia-aligned criminals engaged in ransomware and ill...

Jan 2023

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Sequoia Capital's Alfred Lin in his first public interview since the implosion of FTX (video)

Last night, at an industry event hosted in San Francisco by this editor, venture capitalist Alfred Lin of Sequoia Capital sat down for a one-on-one conversation about the evolution of his storied inve...

Jan 2023