Odds and Ends 

Startups Weekly: The Peloton IPO (bull vs. bear)

Hello and welcome back to Startups Weekly, a newsletter published every Saturday that dives into the week’s noteworthy venture capital deals, funds and trends. Before I dive into this week’s topic, let’s catch up a bit. Last week, I wrote about the proliferation of billion-dollar companies. Before that, I noted the uptick in beverage startup rounds. Remember, you can send me tips, suggestions and feedback to kate.clark@techcrunch.com or on Twitter @KateClarkTweets. A bullish perspective: Peloton, an early player in the fitness tech space, has garnered a cult following since its founding in…

Read More
Odds and Ends 

Why Silicon Valley needs more visas

Henrique Dubugras Photo courtesy of Flickr/jvoves While it might sound counterintuitive, immigrants create more jobs and make our economy stronger. Research from the National Foundation of American Policy (NFAP) has shown that immigrant-founded billion-dollar companies doubled their number of employees over the past two years. According to the research, “WeWork went from 1,200 to 6,000 employees between 2016 and 2018, Houzz increased from 800 to 1,800 employees the last two years, while Cloudflare went from 225 to 715 employees.” We’ve seen the same growth at Brex. In just one year…

Read More
Odds and Ends 

Rappi raises $200M as Latin American tech investment reaches new highs

Rappi kicked off its business delivering beverages and has since expanded into meals, groceries and even tech and medicine. You can, for example, have a pair of AirPods delivered to you using Rappi’s app. The company also has a popular cash withdrawal feature that allows users to pay with credit cards and then receive cash from one of Rappi’s delivery agents. Simón Borrero, Sebastian Mejia and Felipe Villamarin launched the company in 2015, graduating from Y Combinator the following year. From there, Rappi quickly captured the attention of American venture…

Read More
Odds and Ends 

The funding mirage: How to secure international investment from emerging markets

Jose Deustua If you want to attract international investors, you need to be an international startup. As such, we advise all startups to raise a first or second seed round locally in Peru, and then seek international investors. The same can go for other emerging markets, as well. To raise these initial rounds, the most important thing is to show that you have a solid team, a business idea that works and has traction with clients chasing your product and that you’re better than any local competition. If you can…

Read More
Odds and Ends 

Argentinas government is wooing entrepreneurs with a new law

Marta Cruz is a co-founder and managing partner at NXTP Labs, an early-stage fund for tech companies in Latin America. Despite years of economic uncertainties and the lack of a proper legal framework to help promising startups obtain capital, Argentine entrepreneurs are building a vibrant entrepreneurial ecosystem. The country is home to many of Latin Americas biggest startup success stories, and with the introduction of one new law, the pathway to success is about to get a whole lot easier. Last month, the Senate voted unanimously to approve legislation supporting…

Read More
Odds and Ends 

Brazils fintech boom offers new vertical opportunities for investors

Romero Rodrigues is a managing partner at Redpoint eVentures, the Brazilian-focused arm of the Silicon Valley venture firm Redpoint. More posts by this contributor: Brazils tech-sector bright spots beckon asit begins to emerge from long economic crisis Latin Americas chronic inefficiency could drive more O2O commerce growth Fintech is booming around the world. Global investments in fintech companies have continued to rise during the last two years. After international financing for fintech startups hit $19 billion in new funding rounds at the end of 2015, the volume cranked up even higher. Fintech…

Read More