Tag: Fundings & Exits
Extra Crunch roundup: A fistful of IPOs, Affirm’s Peloton problem, Zoom Apps and more
DoorDash, Affirm, Roblox, Airbnb, C3.ai and Wish all filed to go public in recent days, which means some venture capitalists are having the best week of their lives. Tech companies that go public capture our imagination because they are literal happy endings. An Initial Public Offering is the promised land…
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Kea raises $10M to build AI that helps restaurants answer the phone
Kea is a new startup giving restaurants an opportunity to upgrade one of the more old-fashioned ways that they take orders — over the phone. Today, Kea is announcing that it has raised a $10 million Series A led by Marbruck, with participation from Streamlined Ventures, Xfund, Heartland Ventures, DEEPCORE,…
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A16z is now managing $16.5 billion, after announcing two new funds
Andreessen Horowitz (a16z) has closed a pair of funds totaling $4.5 billion, the firm confirmed in a blog post this morning. The firm has raised $1.3 billion for an early-stage fund focused on consumer, enterprise and fintech; and closed a $3.2 billion growth-stage fund for later-stage investments. The firm did…
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What is Roblox worth?
Public markets appear to be even more risk-on in 2020 Alex Wilhelm 1 day With Roblox joining the end-of-year unicorn stampede toward the public markets, we’re set for a contentedly busy second half of November and early December. I hope you didn’t have vacation planned in the next few weeks.…
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Wish files to go public with 100M monthly actives, $1.75B in 2020 revenue thus far
This morning Wish, a well-known mobile ecommerce startup, filed to go public. It joins Affirm, Airbnb, and Roblox in filing this week as many well-known and valuable private companies look to debut before the year ends and the holidays start. Wish’s S-1 (which is filed under its corporate name ContextLogic)…
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Affirm files to go public
Affirm, a consumer finance business founded by PayPal mafia member Max Levchin, filed to go public this afternoon. The company’s financial results show that Affirm, which doles out personalized loans on an installment basis to consumers at the point of sale, has an enticing combination of rapidly expanding revenues and…
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