Tag: Startups
With a higher IPO valuation, is Bumble aiming for Match.com’s revenue multiple?
The IPO frenzy is not letting up, Bumble informed the world this morning. Per a new SEC filing, the dating company raised its target IPO price range, indicating that its previous attempt to quantify its per-share value was an undershoot. This means we’ll need to calculate a host of new valuations…
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BeyondID grabs $9M Series A to help clients implement cloud identity
BeyondID, a cloud identity consulting firm, announced a $9 million Series A today led by Tercera. It marked the first investment from Tercera, a firm that launched earlier this month with the goal of investing in service startups like Beyond. The company focuses on helping clients manage security and identity…
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Harry Stebbings is leaving Stride, the VC firm he founded with Fred Destin
Harry Stebbings, the podcaster-turned-VC, is stepping down as a partner of Stride.VC, the London-based venture capital firm he co-founded with Fred Destin, formerly of Accel. In a series of tweets, Destin said that Stebbings won’t be involved in Stride’s second fund (though he’ll remain a partner in fund one), and…
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What are these rich people doing pumping crappy assets?
Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading. Want it in your inbox every Saturday morning? Sign up here. Ready? Let’s talk money, startups and spicy IPO rumors.…
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Extra Crunch roundup: 500 Startups’ demo day, smart SaaS pricing and much more
Demo days at startup accelerators are a pretty big deal around here. These events aren’t just a chance to review the latest cohort of hopeful entrepreneurs — they also showcase the technology, products and services that will compete for VC and consumer attention over the next few years. You never…
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A look at how proptech startup Knotel went from a $1.6B valuation to filing for bankruptcy
This week, flexible workspace operator (and one-time unicorn) Knotel announced it had filed for bankruptcy and that its assets were being acquired by investor and commercial real estate brokerage Newmark for a reported $70 million. Knotel designed, built and ran custom headquarters for companies. It then managed the spaces with…
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