Stripe is acquiring Paystack, an African payments business, the companies announced this morning. Stripe is spending roughly $200 million on the deal, according to a TechCrunch report . Stripe declined to comment on terms of the deal. Stripe led Paystack’s $8 million Series A in 2018. Paystack, known as the ‘Stripe of Africa,’ is also backed by Visa, Tencent and Y Combinator. San...
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Inside Nancy Dubuc’s Quest to Rehabilitate Vice
When television veteran Nancy Dubuc took over as CEO of Vice Media in the spring of 2018, cash was so tight that company executives were debating whether they should cancel the Friday morning ritual of free donuts and bagels for staff. Once the irreverent darling of the new media sector, known for its online news and TV documentaries, Vice was facing a cash crunch amid allegations of sexual...
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