As unicorns stumble, investors warm to revenue-based financing for ‘zebras’ and ‘Clydesdales’

  • 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. 

Candide Group raises $40 million fund for community lenders advancing racial justice

  • 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.