Hendri Wigunah

Hendri Wigunah

Startup Founder & Millenial Entrepreneur

US companies raised $30B in Q1 2019 – TechCrunch

Let’s start this week’s newsletter with some data. Nationally, startups pulled in $30.8 billion in the first quarter of 2019, up 22 percent year-on-year, according to Crunchbase’s latest deal round-up. A closer look at the numbers shows a big drop in angel funding and a slight decrease in mega-rounds, or financings larger than $100 million…. Continue reading

SEC slaps startups Wealthfront and Hedgeable with fines for making false disclosures – TechCrunch

The Securities and Exchange Commission appears to be keeping a close eye on financial services startups, with today’s news that the agency has settled cases with two robo-advisory companies over allegations that they misled investors. Wealthfront Advisers, one of the darlings of the fintech investment sector with $11 billion under management and roughly $200 million… Continue reading