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Posts Tagged ‘money’

Africa e-tailer Jumia’s shares fall 4% day after IPO lockup expiration

Shares of Africa focused e-commerce company Jumia dropped 4% the day after the lockup period expired for its April IPO on the New York Stock Exchange. The lockup provision prevents major shareholders — namely those who purchased equity pre-public listing — from selling their shares for a specified number of days following the IPO. Jumia’s ...

Why venture capital firms need culture experts

True Ventures VP of culture Madeline Kolbe Saltzman on how to "scale inclusively." ...

Mark Zuckerberg to testify before House Financial Services Committee on Facebook’s ‘Libra’ cryptocurrency

The House Financial Services Committee has asked Facebook CEO Mark Zuckerberg to testify on Facebook's planned Libra cryptocurrency, and he will do so on October 23.

“Mark looks forward to testifying before the House Financial Services Committee and responding to lawmakers’ questions,” a Facebook spokesperson told CNBC:

Facebook CEO Mark Zuckerberg will testify before the House ...

The median household income of each state in the USA

New US Census Bureau data shows that while the median household income for the United States (and 14 states within the USA) increased a bit from 2017 to 2018, "income inequality was significantly higher during the same period for the nation and nine states.... Maryland ($83,242) was among the states with the highest median household ...

Terminal raises $17M led by 8VC to source and build remote teams of engineers

As LinkedIn announces the next stage of its own ambitions in the world of recruitment by bringing in more big data insights, another one of the startups indirectly chipping away at its position among knowledge workers by providing a way of hiring and building entire teams in remote locations is announcing another round of funding. ...

The cult of the founder and Silicon Valley’s lack of moral authority

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. ...

Accel and Sequoia seed Middesk with $4M to background check businesses

Middesk helps financial entities identify business and regulatory risk in their customer base. ...

Accion Venture Lab launches $23M inclusive fintech startup fund

Accion Venture Lab—the seed-stage investment arm of non-profit Accion—has raised $23 million for a new inclusive fintech startup fund. The Accion Venture Lab Limited Partnership, as its called, will make seed-stage investments in inclusive fintech startups, defined as ventures that “that leverage technology to increase the reach, quality, and affordability of financial services for the ...