Tag: SaaS
U.S. markets shrug off record unemployment numbers as tech shares rise
Despite reports of historic unemployment with roughly 6.6 million Americans filing for unemployment, domestic stocks rose during regular trading today. One day after grim estimates on the potential death toll from the COVID-19 epidemic in the US sent stocks tumbling and amid a continuing economic fallout from the government’s response…
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Collibra nabs another $112.5M at a $2.3B valuation for its big data management platform
GDPR and other data protection and privacy regulations — as well as a significant (and growing) number of data breaches and exposées of companies’ privacy policies — have put a spotlight on not just on the vast troves of data that businesses and other organizations hold on us, but also…
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Stocks fall sharply as U.S. government warns of hard weeks ahead
A recent redbound in domestic equity prices faded further into the distance today, as American stocks fell for a second consecutive day following modest Tuesday declines. After rising from new 52 week lows, all domestic indices after the American president warned of difficult weeks ahead as the country reels from…
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How bad will SaaS churn get in the downturn?
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. This morning we’re talking about churn — the bane of software-as-a-service (SaaS) companies big and small — in the new world we find ourselves in. SaaS companies, from startups to…
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Stocks post worst quarter since 2008 financial crisis
The first quarter of 2020 ended with a whimper — with the Dow Jones Industrial Average, S&P 500 and NASDAQ posting their worst quarter in decades — as the COVID-19 pandemic continues to cause uncertainty and volatility across all major stock market indices. At the beginning of the quarter, we…
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How to value a startup in a downturn
The value of technology companies has fallen as the broader public markets have repriced themselves in light of COVID-19-related market and economic disruptions. And as the public markets sort out the new value of a huge piece of global business, private companies are being shaken as well. What happens in…
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