Few names are as synonymous with frothy tech investing as the Japanese investment group SoftBank, led by the quasi-cult figure of Masayoshi Son. Releasing their results last month, the group detailed its most recent $10-billion (R170-billion) write-down of impaired assets. It will come as no su.
Despite raising $5 billion in funding last year, VC-backed African startups are laying off, shutting down products and closing down. In this article, we explore the reasons behind some of these failures.
Marisa Meltzer Is Writing Glossier Tell-All Book businessoffashion.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessoffashion.com Daily Mail and Mail on Sunday newspapers.
Adam Neumann is back after three years, with his new startup Flow, which has drawn storied Silicon Valley investor a16z’s biggest single-round cheque ever. The tech and VC community is not too pleased.