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America’s favorite reality star is leveling up her repertoire and levering up businesses. Kim Kardashian, who passed the “baby bar” exam in preparation to become a lawyer last year, just added another job title to her lineup — private equity investor. Kardashian is launching private equity firm SKKY Partners in conjunction with ex-Carlyle consumer head…
“Venture capital” is semantically equivalent to “dangerous money,” which is part of its mystique. Essentially, VC is a high-stakes extreme sport in which top players can accumulate startling amounts of wealth and power. And sometimes, a massive pile of investor cash burns so brightly, it gets picked up on satellites. But where does all that…
Netflix lost almost a million subscribers in the last quarter, and the streaming giant expects to shed hundreds of thousands more this year. Does that mean consumers are suffering from “subscription fatigue?” Or are there just more options to choose from as studios set up new platforms (and withdraw their content from the big red…
Alitheia IDF (AIF), a women-focused private equity fund in Africa has raised $100 million to invest in gender-diverse businesses across the continent. The fund is looking to bridge the financing gap for women-led or owned businesses in Africa – where women startup founders are less likely to receive funding despite their increasing enterprise. Women-only founders…
mPharma, a Ghanaian health startup, has taken a controlling stake in Uganda’s Vine Pharmacy for an undisclosed amount, marking the firm’s entry into its latest market in Africa. mPharma disclosed to TechCrunch that it has acquired a 55% stake previously held by the Abraaj Group, a private equity firm that collapsed after investors, including the…