Author: OurCrowd

[Upper90 in TechCrunch] Upper90’s strategy of cutting checks with credit and equity may be more relevant than ever

When Billy Libby and Seamless co-founder Jason Finger launched Upper90 in 2018, they wanted to solve a problem: founders giving up too much equity too early because they needed money to build capital-intensive businesses. They thought if they wrote checks that combined debt and equity, founders could get the capital they needed while keeping more of their equity. Read more...

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[Ingressive Capital Fund in Qaurtz] Local funding for early-stage startups is taking off in Africa

This past week, Ingressive Capital, a $10 million venture capital fund started by Maya Horgan Famodu with its headquarters in Nigeria, celebrated five years since it was started. Horgan Famodu launched Ingressive at age 25; today, the fund is focused on leveling the playing field for female entrepreneurs: About 40% of its portfolio companies are founded or co-founded by women. Read more...

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