How African VC firm Oui Capital returned its first fund with Moniepoint’s unicorn exit

At a recent investor meeting, early-stage African investor Oui Capital informed limited partners that it had returned its $4 million debut fund following the sale of some shares in the business banking platform Moniepoint. The African fintech unicorn has so far proven to be a standout investment for five-year-old Oui Capital. When it launched its […]

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Source: TechCrunch https://techcrunch.com/2025/01/19/oui-capital-return-fund-with-moniepoint-exit/

Employees of failed startups are at special risk of stolen personal data through old Google logins

As if losing your job when the startup you work for collapses isn’t bad enough, now a security researcher has found that employees at failed startups are at particular risk of having their data stolen. This ranges from their private Slack messages to Social Security numbers and, potentially, bank accounts. The researcher who discovered the […]

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Source: TechCrunch https://techcrunch.com/2025/01/19/employees-of-failed-startups-are-at-special-risk-of-stolen-personal-data-through-old-google-logins/

NASDAQ CEO Adena Friedman isn’t surprised we haven’t seen a resurgence in startup IPOs yet

While many venture investors, and likely their LPs, were hoping IPOs were going to come back in 2024, that hasn’t happened and isn’t likely to in the next two months. NASDAQ CEO Adena Friedman isn’t surprised. Friedman said at Axios’s BFD event on Tuesday that while on paper the public markets have been experiencing a spectacular year […]

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Source: TechCrunch https://techcrunch.com/2024/10/27/nasdaq-ceo-adena-friedman-isnt-surprised-we-havent-seen-a-resurgence-in-startup-ipos-yet/

Jon McNeill’s lessons on innovation through subtraction

Before Jon McNeill was CEO at VC firm DVx Ventures, he was the president of Tesla and chief operating officer at Lyft. He helped Tesla grow its revenue run rate from $2 billion to $20 billion in 30 months, and he doubled Lyft’s revenue ahead of its IPO. He’s also on the board of GM’s […]

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Source: TechCrunch https://techcrunch.com/2024/10/26/jon-mcneills-lessons-on-innovation-through-subtraction/