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Nestcoin raises $6.45M pre-seed to accelerate crypto and web3 adoption in Africa and frontier markets

TechCrunch

Africans and people in emerging markets missed out on the first set of opportunities that technological advancements brought to the world. Computers, the internet, fintech, artificial intelligence, any tech you can name ( except mobile tech) people in these regions have always had to play catch up. million pre-seed to that end.

Marketing 245
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How to build a social media app: An entrepreneur’s guide

Openxcell

Forbes reports that the number of people using social media worldwide has reached 4.9 Over the last few years, social media has evolved from being primarily a communication channel and entertainment platform to marketing and growing businesses, contributing to significant social and political discussions. billion in 2023.

Media 52
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SoftBank leads $150M round for Firework’s shoppable video

TechCrunch

Firework has now taken in more than $235 million in funding since it was founded in 2017 by co-founders Vincent Yang and Jerry Luk. “We We have big ambitions at Firework — to become the infrastructure on which the next-generation of the internet is built and run — and Softbank Investment Advisers supports that vision.”.

Video 246
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Tiger Global is earning its stripes in Africa

TechCrunch

Tiger Global’s earliest portfolio investments on the continent were in consumer internet companies. Back then, a lot of people were not on the internet, so it was really about consumer services to get people on the internet,” said Opeyemi Awoyemi , whose company, Jobberman, received $1 million from Tiger Global.

Fintech 217
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KakaoEntertainment subsidiary acquires fantasy fiction platform Wuxiaworld

TechCrunch

based storytelling platform acquisitions , Radish and Tapas Media. Tapas Media aims to turn digital comics into the next big entertainment franchise. market, according to its statement. . . market,” Lee said. . . market,” Lee said. . It also entered Indonesia in 2017 and Indian in 2020.

Mobile 244
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Rising Tide Rents and Robber Baron Rents

O'Reilly Media - Ideas

Not to be confused with the ordinary sense of rent as a charge for temporary use of property, economic rents are the income above a competitive market rate that is collected because of asymmetries in ownership, information, or power. Attention is all you need What is the source of big tech market power? What Is Economic Rent?

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Mighty Networks raises $50M to build a creator economy for the masses

TechCrunch

The investment brings Palo Alto-based Mighty Networks’ total raised since its 2017 inception to $67 million. . Creators need to own their own community on the internet, where members meet each other and get results and transformation.” . million in new funding. million in new funding.

Network 247