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Colorful Capital will stop trying to raise for a fund

TechCrunch LogoTechCrunch12h ago

Colorful Capital will stop trying to raise for a fund - TechCrunch

Quick Summary:

Colorful Capital, which launched in 2022 to focus on investing in LGBTQIA+-identifying founders, will end its attempts at raising a fund, according to an email seen by TechCrunch.

The move is an effort to squeeze additional revenue from second-hand products, over concerns that cheaper, slightly used bikes, treadmills and rowers could cannibalize used sales.Time is running out!

Venture 360 One lifts its valuation of India’s National Stock Exchange to $29.360 One Asset, an investor in National Stock Exchange (NSE), has increased its valuation for India’s top stock exchange to $29.9 billion.


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Article Details

Author / Journalist: Dominic-Madori Davis

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-23 @ 21:00:00 (12 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 934 words

Reading Time: 6 minutes read

Sentences: 38 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 22233367

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Official Website: techcrunch.com

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News Last Updated: 11 hours ago

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