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VC Recap: Andreessen Center Of Lawsuit; Pitfalls Of Backing Late Stage VC

by trusted insight posted 7years ago 3068 views
Venture Capital
Introducing Trusted Insight's Venture Capital Recap, a compilation of the most important venture capital news from the previous day. Here are the stories you may have missed:

Is Africa The Next Market For Sustainable Venture Opportunities? As the continent’s innovation hubs evolve, experts see their significance to African tech increasing. “The most important…role is that of catalysts. Ecosystems developing around technology need a catalyst,” said iHub co-founder Erik Hersman. Read more

Unassuming Pitfalls Of Backing Late Stage VC. Investors aren’t stupid or lazy, but even thoroughly vetted startups can fail. Most startups fail, and the money backing them is lost. Read more

Andreessen Accused Of Neglecting Fiduciary Duty. Private messages sent during conference calls from Andreessen to Zuckerberg, such as “this line of argument is not helping” and “now we’re cooking with gas,” have given some investors the impression that he was coaching the CEO instead of negotiating with him. Read more

QED Investors And Scotiabank's New Fund For Latin American Fintech Startups. Scotiabank and QED Investors have teamed up to launch a venture capital platform that will invest in Latin American fintech startups. QED Investors will manage the fund while Scotiabank will help QED Investors assess potential investments. Read more