article thumbnail

Doing Diligence Well In Venture Investing: Going Back To The Future

Crunchbase News

By Nicolas Sauvage Due diligence has made a comeback. On an average deal, VCs would spend 118 hours on due diligence and call 10 references. During the frothy “ funding party ” in 2021, VCs began prioritizing speed and cutting corners, leading to compressed cycles and less robust vetting.

article thumbnail

7 investors reveal what’s hot in fintech in Q1 2023

TechCrunch

However, it appears that even though VCs are proceeding more cautiously than before and taking their time with due diligence, they are still investing. billion in 2022 from 2021, it was still up 52% compared to 2020 and made up 18% of all funding globally, proving that investors still have faith in fintech’s future.

Fintech 275
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

After a record 2022, 8 investors explain why it’s ‘still just Day 1’ for Africa’s startup ecosystem

TechCrunch

In fact, even some of the excesses of 2021 were eclipsed when the number of investments on the continent rose higher in 2022 than they had a year earlier, boosted by early-stage firms flocking to fund startups in the wake of landmark exits of homegrown companies like Jumia and Paystack. For global venture capital, 2021 was an outlier.

article thumbnail

TechCrunch+ roundup: eVTOL takes off, pivoting with agility, when to hire a lawyer

TechCrunch

Sustainable travel at the forefront. “I’ve been working in the aircraft development space for decades, but 2021 was different,” Tigner writes. In reality, changing course is usually the smartest bet, because it allows founding teams to leverage new technology and adapt to changing market conditions.

article thumbnail

8 investors weigh in on the state of insurtech in Q3 2022

TechCrunch

Insurtech companies have been among the biggest victims of the public market selloff, especially those that went public in 2021. Unfortunately, there are many companies that should not have raised as much as they did, or perhaps don’t have sustainable business models. These companies will struggle to survive.”

article thumbnail

DevOps for startups

CircleCI

Despite massive growth in venture capital funding around the world – Europe alone saw investments triple from $41 billion to nearly $120 billion in 2021 – securing financing and courting venture capital can prove difficult. For small startups, the ability to build, test, and iterate quickly is vital for remaining competitive.

article thumbnail

Extra Crunch roundup: Klaviyo EC-1, micromobility’s second wave, UiPath CFO interview, more

TechCrunch

Part 3: Marketing in 2021 is emotional and not just transactional. After years of sustained growth, the pandemic supercharged the outdoor recreation industry. Time-strapped IT teams can use low-code software to drive quick growth. Typically the IT team bears that burden — on top of countless other demands. Scale quicker.