- The venture firm is the latest to seek an edge by backing entrepreneurs often overlooked by traditional venture capital.
- An increasing number of investors are doing deals in the expectation of getting paid back perhaps three times their capital, from revenues generated by real customers, rather than waiting for the proverbial 10X payout from a skyhigh IPO or acquisition based on fantasies of endless growth.
Copenhagen-based Unconventional Ventures raised a €125,000 micro-fund invest in startups led by female, LGBTQ, immigrant and founders of color.
- New funds targeting the conversion of traditional businesses to worker-ownership are structuring terms to meet the needs of owners without putting undue risk on workers
The $20 million fund by Pakistani conglomerate Fatima Group and Shanghai-based Gobi Partners will invest in Pakistan’s homegrown tech solutions to mobility, education, healthcare and more.
- Roughly half of returning World War II veterans and 40% of Korean War vets started their own ventures. Since 9/11, less than 5% have pursued their own ventures.
- The fund could provide much-needed support to CDFIs working in underserved communities and help strengthen an emergent class of community-led investment funds, such as the REAL People’s Fund in Oakland.