London, April 6, 2024 /Mpelembe News/ — An IPO, or Initial Public Offering, is the first time a private company offers its shares to the public for purchase on a stock exchange. In simpler terms, it’s when a company decides to go public and sell pieces of ownership (shares) to regular investors like you and me. Continue reading
June 20, 2023 /Business/ — Africa is the second-most populous continent in the world, with over 1.3 billion people. The continent’s economy is also growing rapidly, with an average annual growth rate of 5.5%. This means that there is a huge potential market for African startups. Africa is a continent with a lot of diversity, both in terms of its people and its economies. This can present both challenges and opportunities for businesses. However, the opportunities are significant, and there are a number of government initiatives in place to support innovation. Continue reading
PitchBook, the premier data provider for the private and public equity markets, today released PitchBook’s VC Exit Predictor, a new tool and scoring methodology that objectively assesses a startup’s prospect of a successful exit. The tool leverages machine learning and PitchBook’s database of information on VC companies, financing rounds and investors. The primary component underpinning the tool is a classification model developed by PitchBook’s Institutional Research Group that predicts the probability a VC-backed startup will ultimately be acquired, go public, or not exit due to failure or becoming self-sustaining. PitchBook’s VC Exit Predictor is accessible within the PitchBook Platform and can be found on company profiles and in advanced search. Continue reading
Elon Musk has said he intends to complete his purchase of Twitter after earlier trying to wriggle out of the deal.
Patrick Pleul/Pool via AP
Erik Gordon, University of Michigan
Elon Musk has finally completed his US$44 billion deal to acquire Twitter and take it private.
Mach49, the leading growth incubator for global businesses, announces the upcoming release of the book The Unicorn Within: How Companies Can Create Game-Changing Ventures at Startup Speed, authored by its founder and CEO, Linda Yates. Harvard Business Review (HBR) Press will publish the book on October 25, 2022. Continue reading