Failed start-ups that made VC funds lose millions

Failed start-ups that made VC funds lose millions

Airbnb, Instagram, Whatsapp, SpaceX are classic examples of entrepreneurship and innovation. However, not all start-ups make it to the top. There are many failed start-ups who started off with a high but ultimately had to shut operations. Young entrepreneurs sometimes lack the vision that is required to drive the company. They fall short of prompt decisions. Like these, there are various other reasons that have led to the collapse of...
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Nova Credit Review: Why is it attracting VC funding?

Nova Credit Review: Why is it attracting VC funding?

Nova Credit has raised VC funding of around $70mn till date. They have recently closed Series B funding of $50mn from Kleiner Perkins and Canapi Ventures in Feb 2020. In this Nova Credit review, we analyze the factors due to which it is attracting so much of investor interest. However, first let's understand what it does. What does Nova Credit do? Nova Credit converts the international credit history of the...
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