Equity The whole venture merry-go-round is decelerating
Oct 6, 2023
Mary Ann and Alex dive into the latest drama surrounding the SBF trial, keeping listeners on the edge of their seats. They explore Rainforest, an Atlanta fintech startup shaking up the market with its recent $8.25M equity raise. Despite a flurry of fund raises totaling over $2 billion, venture funding surprisingly declined again this quarter. The discussion turns serious with insights into the challenges faced by Black women founders and how data could reshape social impact investing. Get ready for much more to come!
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Alex's Rough Night
- Alex Wilhelm had a rough night with a pager, crying baby, and vomiting dog.
- Despite this, he feels surprisingly good after coffee, ready to discuss venture capital news.
Not Every Company Wants to Be a Fintech
- Joshua Silver argues against Angela Strange's statement that every company will be a fintech company.
- He says most software companies want to add payments, not become full-fledged fintechs due to regulatory burdens.
Climate Investing on the Rise
- At One Ventures raised a $375 million fund for climate and sustainability investments.
- This large raise contrasts with prior trends where climate investments were less favorable.