Saturday, April 6, 2024

Source: Y Combinator is inviting some alumni entrepreneurs to invest a minimum of $250,000, which will be split among the three funds it is currently raising (Kia Kokalitcheva/Axios)

Kia Kokalitcheva / Axios:
Source: Y Combinator is inviting some alumni entrepreneurs to invest a minimum of $250,000, which will be split among the three funds it is currently raising  —  - The accelerator is requiring limited partners invest in all three of its new funds, a somewhat bold move in the current environment.



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French accounting software startup Pennylane raised $204M led by TCV, a source says at a ~$4.25B valuation, with participation from Blackstone, DST, and others (Yazhou Sun/Bloomberg)

Yazhou Sun / Bloomberg : French accounting software startup Pennylane raised $204M led by TCV, a source says at a ~$4.25B valuation, with...