Venture capitalist Spiros Margaris offers a level-headed perspective on the hotly debated cryptocurrency alternative to traditional methods for funding young companies.
The New York company, which offers loans and provides personal finance advice, plans to expand its product line and invest in new technology with the funds.
Deserve is offering unsecured cards to young adults who do not have traditional credit scores. The Silicon Valley startup uses a proprietary algorithm that analyzes bank account activity to evaluate the likelihood that borrowers will repay.
Researchers in Sweden found that venture capitalists often use unflattering language to describe women entrepreneurs. That could explain why women’s applications for funding were rejected more frequently than men’s.
