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Fintech startups lead the layoff wave

TechCrunch

I did not speak to Better CEO Vishal Garg but he did provide a canned statement conveying his excitement about all the new folks — who come on board after a flurry of senior exec departures and amid a tumultuous environment. Is the company truly turning itself around? smartphones per adult,” McCormack added.

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Glovo to double down African investment in the next 12 months — but will it stay put?

TechCrunch

Yet, the West African nation does not come without its own fair share of troubles, like poor logistics infrastructure and an unpredictable regulatory environment. Last year, the company pulled out of all the Latin American countries — Argentina, Ecuador, Peru, Panama, Costa Rica, Honduras, Guatemala and the Dominican Republic.

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Ben Nye’s new VC firm won’t just give you a fish, but will guide you to the best lake

TechCrunch

Nye spoke with TechCrunch to discuss, among other things, the fund, the fundraising environment and what excites him about infrastructure software. ELJ Ventures, who’s our family investment office and their family out of the Dominican Republic, is a really strong investor, and they’ve been in some Bain Capital spinout companies.

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7 Nonprofits Leading the Fight Against Human Trafficking

Saleforce Nonprofit

The organization operates in Thailand, Cambodia, the Philippines, Laos, Dominican Republic and India and also has offices in three donor nations: United States, Australia and New Zealand.