Category: EC Newsletter
Forge’s SPAC deal is a bet on unicorn illiquidity
As Warby Parker, Freshworks, Amplitude and Toast look to list in the coming weeks, we shouldn’t forget the SPAC boom. This week, for example, Forge Global (Forge), a technology startup that operates a market for secondary transactions in private companies, announced that it would go public via a blank-check combination. And…
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Corporate venture capital follows the same trend as other VC markets: Up
As the global market for startup investing presses to new heights in terms of dollars invested this year, and deal volume ticks up in several regions, corporations are diving into the action. Data from CB Insights and Stryber indicate that corporate investors are taking part in deals worth more than…
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Boston’s startup market is more than setting records in scorching start to year
Say goodbye to valuation discounts and the Series A gap, Northeast startups Alex Wilhelm Anna Heim 7 hours The global startup community is currently enjoying a period of fundraising success that may be unprecedented in the history of technology and venture capital. While this is happening around the world, few…
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When VCs turned to Zoom, Chicago startups were ready for their close-up
Chicago’s startup scene is finally getting the attention it long felt it deserved. By now it’s common knowledge that 2021 is shaping up to be a breakout year for the startup and venture capital worlds, surpassing years of strong results in a long-term bull market for tech-focused business upstarts. But…
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What happens when Wall Street falls out of love with your sector?
It’s been an awful week for public neoinsurance companies. A subsector of the larger insurtech world, neoinsurance providers tackled a number of insurance categories using a blend of modern app design and machine learning in hopes of creating more user-friendly and profitable insurance products. The idea proved attractive to venture…
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Robinhood’s CFO says it was ready to go public
But the company’s debut is not burning up the stock charts. What happened? Alex Wilhelm 7 hours Robinhood priced at $38 per share this week, opened flat and closed its first day’s trading yesterday worth $34.82 per share, or a bit more than 8% underwater. The company posted a mixed…
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