Naspers, Africa’s most valuable tech company by market capitalization, has winded down the operations of its R1.4 billion (≈$100 million) South Africa-focused venture capital fund Naspers Foundry, according to local news outlet BusinessDay. According to the report, the firm, which is taking this approach as venture capital takes a hit globally, will maintain the investments, […]
Naspers shuts down Foundry, its $100M fund focused on South African startups by Tage Kene-Okafor originally published on TechCrunch
Usage-based pricing is an essential component of any PLG strategy. In fact, it’s my belief that you cannot have true PLG without UBP.
Building a PLG motion on top of usage-based pricing by Ram Iyer originally published on TechCrunch
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. Subscribe for free. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point […]
EV SPACs hunt for cash, the SVB fallout continues and a new AV startup emerges by Kirsten Korosec originally published on TechCrunch
Qualtrics, the software company behind an experience management platform used by thousands of companies such as Uber, Coca-Cola, and Pfizer, has accepted a $12.5 billion all-cash offer from private equity firm Silver Lake and Canada Pension Plan Investment Board (CPP Investments). The confirmation comes exactly a week after news of the acquisition bid first came […]
Qualtrics accepts $12.5B all-cash acquisition offer to go private by Paul Sawers originally published on TechCrunch
UK tech founders, investors, and ecosystem leaders have been giving their reactions to the news that SVB UK will be rescued by HSBC. In addition, many startup founders and investors pointed to the leg-work done by industry body Coadec, which is now raising funds for further work. Andrew J Scott Founding Partner 7pc VC “It […]
UK tech ecosystem reacts to the news of SVB UK acquisition by HSBC by Mike Butcher originally published on TechCrunch
HSBC UK is acquiring Silicon Valley Bank UK for a symbolic £1, after a tense weekend of frantic negotiations by the UK government, regulators and a suite of other potential suitors. The deal is a massive relief to the UK technology sector, which was highly exposed to the collapse of SVB and it’s uk arm, […]
In historic last-minute deal, HSBC acquires Silicon Valley Bank UK, says all depositors’ money is safe by Mike Butcher originally published on TechCrunch
While ChatGPT has taken the world by storm since it was released, there are some serious questions about its use in the enterprise.
Is generative AI really ready for the enterprise? by Ron Miller originally published on TechCrunch