Monzo hits $5bn valuation π, A Guide to Founder Salary π΅, Entrepreneurship in Africa π‘, & more!
Welcome to The VC Corner, your weekly dose of Venture Capital and Startups to keep you up and running! π
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Top Headlines π¨
Monzo hits $5bn valuation as it readies US expansion efforts π [sifted]
Qatar plots a $1B pipeline to VCs π° [TechCrunch]
The business of winding down startups is booming π₯ [Pitchbook]
OpenAI responds to Elon Musk's lawsuit by clarifying its βopenβ nature βοΈ [Open AI]
Worldcoin hit with temporary ban in Spain over privacy concerns π« [TechCrunch]
Claroty, NYC-based cyber-physical systems protection company, raised $100m in strategic growth financing π‘οΈ [FinSMEs]
Deel acquires Africaβs PaySpace, says itβs crossed $500M in ARR π€ [TechCrunch]
Perplexity AI is reportedly nearing completion of a funding round that will give the AI search startup a unicorn valuation of around $1 billion π¦ [crunchbase]
Microsoft, Walmart, Cisco Back Israel VCβs $500 Million in Fund Raising. Firm to invest in over 30 Israeli cyber, AI, health startups πΌ [Bloomberg]
Silas Capital Closes Fund II at $150M π° [FinSMEs]
Bitcoin hits new all-time high passing $69,000 for the first time since November 2021 π [yahoo!tech]
In-Depth Insights π
A Guide To Founder Salary At Different Stages & Funding Levels π΅ [Ankit Sharma]
5 charts on how female founders and VCs fared in 2023 π©βπΌ [sifted]
Entrepreneurship in Africa: the failed $1 billion employment solution? π‘ [Abdul-Karim Mohamed]
Corporate-backed startups are more likely to survive π’ [Global Corporate Venturing]
What exactly is innovation, and what does it have to do with venturing? π€ [Davide Ritorto]
10 mistakes startups make when talking about sustainability π± [Alice Regester]
AI startups require new strategies: This time itβs actually different π€ [Jason Cohen]
Confluence.VC is the operating playbook for venture and growth equity investors.
They help VCs connect with each other and share templates, resources, ideas, and deal flow. Our ultimate goal is to make each member of this workspace more effective in their individual roles by leveraging the collective knowledge of the community.
All members get access to their resource library for free. Paid members get access to the member directory, Slack group, software and service discounts, and private deal flow opportunities. Check it here
Interesting Reports π
Germany Market Snapshot πΈ [Pitchbook]
Financial Modeling Handbook, Third Edition π [Priyanshu Pandey, Financial Modeling World Cup]
Standardization and Innovation in Venture Capital Contracting π [Robert Bartlett, Norbert Gehrke]
Upcoming Events π
Transform for the better, together | Las vegas | Mar 11-13
Shoptalk | Las Vegas | Mar 17-20
Insurtech Insights Europe | London | Mar 20-21
Investorsβ Forum 2024 | Geneva | Mar 20-21
Investorsβ Forum 2024 | Paris | Mar 21-22
Global Summit 2024 | Paris | Mar 25-8
SF Climate Week | San Francisco | Apr 21-27
How To Run A Pilot: Skan.AI | Remote | Apr 16
AVPN Global Conference 2024 | Abu Dhabi | Apr 23-25
VC Platform - Global Summit β24 | New York | Apr 24-26
Investing in Tomorrow - Advancing Technology & Society | San Jose, California | Apr 25
Plug and Play Italy Summit 2024 | Milan | May 16
The LP/VC relations event | Vienna | Jun 1-6
Silicon Valley Summit 2024 | Jun 11-13
Super Climate | New York | Sep 24