Unicorns: A tale of two continents

If you’re hoping to create a unicorn on a budget, look to the European technology sector for inspiration. Despite the well-documented increase in available funding for tech companies across the continent, startups are reaching unicorn status with much lower totals of venture capital than U.S. rivals. In fact, this level of “capital efficiency” is one major attraction for international investors weary of the “burn rate” of many U.S. companies aspiring to valuations of $1 billion+.

Why Lyft Surged When It Started Trading

As Lyft ($LYFT) started trading on the Nasdaq Friday, Victor Basta, the managing partner of boutique merchant bank Magister Advisors, says the company is being undervalued. That, he says, is why the stock initially surged 20%.

Private equity – tech's best kept secret

In this guest post Victor Basta, managing director of boutique investment bank Magister Advisors and a specialist in the technology sector, examines the surge in private equity-backed late-stage technology funding, and the implications for the sector.

What happens when fintech valuations come back down to Earth?

In this guest post Victor Basta, managing director of boutique investment bank Magister Advisors and a specialist in the technology sector, argues that we'll see fintech valuations fall steeply across the board this year.

Tech investors include #MeToo clauses in start-up deals

Tech investors are increasingly including “#MeToo” clauses in deals with start-ups, forcing entrepreneurs to disclose complaints about sexual harassment in the workplace, as more women speak out about sexism in the industry.

Venture Activity Comes to (Unicorn) Point in 2017, and Top 10 Deals

A record number of unicorn financings—venture-backed companies valued at $1 billion or more—helped drive U.S. venture funding to a total of $84.2 billion in 8,035 companies (through 8,076 deals) in 2017, according to Venture Monitor data.