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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

Should SaaS companies trade at a 24x Enterprise Value (EV) to Next Twelve Month (NTM) Revenue multiple as they did in November 2021? But it will be patiently deployed, waiting for a cohort of founders who aren’t artificially clinging to 2021 valuation metrics. By 2021 we had to write a $3.5m How Does the Industry Really Work?

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Shareholders approve Bird-SPAC merger, stock promptly falls

TechCrunch LA

For example, Bird had gross margins that were negative in 2018, 2019 and 2020. This year, the company expects — looking at predictions that included results through Q2 2021 — to post positive gross margins. million in Q2 2021, its best result ever, and one of only four quarters in which the result was positive.

News 148
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Six Tech Startups to Look Out For in 2023

Tech.Co

The company, which was founded in 2021 by researchers from Harvard and Stanford, has invested in clinical-grade deep learning to unlock the potential of image data, helping oncologists make much more informed decisions about their patients. This April, the startup raised a staggering $4 million in a seed funding round.

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Starship Technologies picks up €50M from the EU’s investment arm to expand its fleet of autonomous delivery robots

TechCrunch LA

Now it’s picking up some funding along with an endorsement Europe to further its growth. The startup has received €50 million (just under $57 million at today’s rates) from the European Investment Bank, the funding arm of the European Union. The funding from the EIB ticks a couple of different boxes for the EU.

Invest 233
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Praying to the God of Valuation

Both Sides of the Table

You had the entry into our ecosystem of hedge funds, cross-over funds, sovereign wealth funds, mutual funds, family offices and all other sources of capital that drove up valuations. And the valuation party lasted until November 9th, 2021. I see your $500 million fund and I raise you with a $1.5

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Saltbox raises $10.6M to help booming e-commerce stores store their goods

TechCrunch LA

Saltbox opened its first facility — a 27,000-square-foot location — in its home base of Atlanta in late 2019, filling it within two months. The company plans to end 2021 with eight locations, in particular eyeing the Denver, Seattle and Los Angeles markets.

Commerce 237
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Human Capital: Moving away from ‘master/slave’ terminology

TechCrunch LA

Meanwhile, Twitter began taking steps to replace those terms earlier this year and hopes to finish replacing that terminology by the end of 2021, according to CNET. . Bezos Academy, funded by Jeff Bezos’ $2B ‘Day One Fund,’ launches first free school in Seattle area – GeekWire.

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