Tag: SaaS
A boom, a bust, a reckoning, a race: four takes on today’s startup market
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today let’s try to figure out where the startup and private markets stand, as there are a few different takes out there that I can’t reconcile. Our efforts to better…
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Coronavirus fears hit markets, bringing US shares down as tech and SaaS slip
Fears over the potential impact of the coronavirus spreading in Europe, Asia and the Middle East have sent stocks plummeting in Monday’s open — with tech stocks among the hardest hit. The reason for the declines are clear: Over the weekend, cases outside of China swiftly rose in Europe and…
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Lightspeed leads Laiye’s $42M round to bet on Chinese enterprise IT
Laiye, a Chinese startup that offers robotic process automation services to several major tech firms in the nation and government agencies, has raised $42 million in a new funding round as it looks to scale its business. The new financing round, Series C, was co-led by Lightspeed Venture Partners and…
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Do AI startups have worse economics than SaaS shops?
A few days ago, Andreessen Horowitz’s Martin Casado and Matt Bornstein published an interesting piece digging into the world of artificial intelligence (AI) startups, and, more specifically, how those companies perform as businesses. Core to the argument presented is that while founders and investors are wagering “that AI businesses will…
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Equity is not always the answer
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week was a fun combination of early-stage and late-stage news, with companies as young as seed-stage and as old as PE-worthy joining our list of topics. Danny and Alex were back on…
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DigitalOcean raises $100M in debt as it scales toward revenue of $300M, profitability
DigitalOcean, a cloud infrastructure provider targeting smaller business and younger companies, announced today that it has secured $100 million in new debt from a group of investors, bringing its 2016-era debt raise to a total of around $300 million. The company’s nearly $200 million debt raise in 2016 was preceded…
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