Tag: EC Newsletter
Inside Rover and MoneyLion’s SPAC-led public debuts
If we are not careful, every entry of this column could consist of SPAC news. Special purpose acquisition companies, or blank-check companies, whatever you prefer to call them, are enormous business today. But they aren’t the only thing going on, and we’ll get to other things shortly. Consider this an…
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Extra Crunch roundup: Metromile CEO interview, Oscar Health’s IPO plans, our 2-year anniversary, more
I’m very proud of the work we’re doing here at Extra Crunch, so it gives me great pleasure to announce that today is our second anniversary. Thanks to hard work from the entire TechCrunch team, authoritative guest contributors and a very engaged reader base, we’ve tripled our membership in the…
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2 years in, Extra Crunch is helping readers build and grow companies around the world
Remote-first startups were still controversial in Silicon Valley when we launched Extra Crunch two years ago today. Back then, if you can recall, the rest of the world was not even sure how all those unicorns were going to do on the public markets. Today, Silicon Valley resides on the…
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Coupang files for mega US IPO
Let’s dig into the South Korean e-commerce giant’s financial health Alex Wilhelm 23 hours Earlier today, South Korean e-commerce and delivery giant Coupang filed to go public in the United States. As a private company, Coupang has raised billions, including capital from American venture capital firm Sequoia and Japanese telecom…
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Will ride-hailing profits ever come?
Uber and Lyft lost a lot of money in 2020. That’s not a surprise, as COVID-19 caused many ride-hailing markets to freeze, limiting demand for folks moving around. To combat the declines in their traditional businesses, Uber continued its push into consumer delivery, while Lyft announced a push into business-to-business…
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How will investors value MetroMile and Oscar Health?
Last night, MetroMile and SPAC INSU Acquisition Corp. II completed their combination, putting the per-mile auto insurance startup up for regular trading today for the first time. In the wake of last year’s debuts by neoinsurance companies Lemonade and Root, it’s not surprising to see others test the public markets.…
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