Tag: The Exchange
Startups have never had it so good
The venture capital market is racing ahead, foot on the gas, middle finger out the window, hair on fire. That’s our read of the Q2 2021 data released thus far concerning how much money venture capitalists deployed around the world during the second three months of the year. Startups have…
Read More
Chinese cybersecurity probe validates Didi’s pre-IPO warning to investors
Regulators ordered the ride-hailing company to stop signing up new customers Alex Wilhelm 7 hours Shares of Chinese ride-hailing provider Didi are sharply lower this morning after news broke that its domestic regulators are investigating the newly public company. A loose translation of the probe’s official notice indicates that the…
Read More
Like the US, a two-tier venture capital market is emerging in Latin America
Earlier this week, The Exchange wrote about the early-stage venture capital market, with the goal of understanding how some startups are raising more seed capital before they work on their Series A, while other startups are seemingly raising their first lettered round while in the nascent stages of scaling. The…
Read More
As Monday.com targets $6B+ IPO valuation, Zoom and Salesforce commit $150M
Team management software company Monday.com dropped a new IPO filing today. The latest document — an F-1/A, because the company is based in Israel — provides what could be Monday.com’s final pre-IPO pricing notes and details planned investments from both Zoom and Salesforce after its public offering closes. The Exchange…
Read More
As Zynga impresses, rival mobile-gaming shop Jam City looks to list via SPAC
While it would be nice to write about something other than yet another tech company looking to list via a SPAC, the deals keep dropping, so our more traditional fare of covering startup trends will remain on hold for at least one day more. This morning, we’re looking at the…
Read More
What Square’s smashing earnings tell us about consumer bitcoin demand
Shares of Square are up more than 6% today after the American fintech company reported a staggering $5.06 billion in revenue in its Q1 2021 earnings report, far ahead of an expected tally of $3.36 billion. By posting the huge revenue beat, Square grew 266% compared to its year-ago Q1.…
Read More