South Africa-based Fundamo's exit to exit while US firms pile into Prosper signal where the innovation has already been happening.
Here Be Dragons was a warning to people that a land was unexplored and could contain dangers as well as treasures.
Its a great name for a venture capital firm and HBD (the acronym based off the legendary sign) has had a successful exit of its Fundamo portfolio company with a $110m sale to credit card supplier Visa. HBD is now managed by PoweredbyVC after being set up by Mark Shuttleworth, the legendary founder of Thawte (digital security…
