The UAE is facing a good problem: Its real estate market is booming, and there is a shortage of buyers. Dubai rents in 2024 jumped 23% year-on-year back […]
From Plaid to Figma, here are the startups that are likely — or definitely — not having IPOs this year
Last year’s investor dreams of a strong 2024 IPO pipeline have faded, if not fully disappeared, as we approach the halfway point of the year. 2024 delivered four […]
Digital fraud detection startup BioCatch hits $1.3B valuation as Permira buys majority stake
Digital fraud detection company BioCatch has a new majority shareholder: U.K-based private equity firm, Permira, is acquiring shares in the company “primarily” from existing investors including Bain Capital, […]
Airtree Ventures already returned its first fund thanks to Canva while maintaining the majority of its stake
Venture secondaries has exploded over the last couple of years. While some firms have used the increase in activity to build up their positions in their most promising […]
Cendana, Kline Hill have a fresh $105M to buy stakes in seed VC funds from LPs looking to sell
If you ask investors to name the biggest challenge for venture capital today, you’ll likely get a near-unanimous answer: lack of liquidity. Despite investing in startups or VC […]
Rubrik’s IPO filing hints at thawing public markets for tech companies
Rubrik, a data cybersecurity company that raised more than a half-billion dollars while private, filed to go public after the bell on Monday. Following quickly on the heels […]
VCs will get liquidity in 2024 from the secondary market, not IPOs
If you asked a bunch of VCs at the end of 2023 if the IPO market would finally open again in 2024, most of them would have said […]
Reddit should go public at $5 billion, according to secondary data
Reddit filed its S-1 last week and is set to take the bold step of being the first venture-backed public listing of 2024. If successful, Reddit has the […]
Bfree, a Nigerian startup enabling lenders recover debt ethically, gets $3M backing
Bfree, a tech-enabled debt collection startup based in Nigeria, was founded to automate and introduce ethical debt recovery processes after its founders witnessed the use and adverse effects […]