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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? This happens slowly because while public markets trade daily and prices then adjust instantly, private markets don’t get reset until follow-on financing rounds happen which can take 6–24 months.

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Polestar to open first US stores in the second half of 2020

TechCrunch LA

retail stores will open in Los Angeles, New York City and two locations in San Francisco later this year — the latest milestone for the automaker as it gets closer to bringing its all-electric vehicle to market. The 2021 Polestar 2 is the first EV to come out of Polestar since it was recast as an electric performance brand in 2017.

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Shareholders approve Bird-SPAC merger, stock promptly falls

TechCrunch LA

News broke in May that Bird was looking at a SPAC-led debut on the public markets. That’s precisely what the company will be worth in light of Switchback II’s share price declines, but the number could be lower than the headline figure from early merger disclosures. billion for Bird when it began to trade.

News 148
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Fintech giant Klarna raises $639M at a $45.6B valuation amid ‘massive momentum’ in the US

TechCrunch LA

Overall, Klarna is live in 20 markets, has more than 90 million global active users and more than 2 million transactions a day conducted on its platform. In all of 2020, it processed $53 billion in volume. March 2021 also represented a record month for global shopping volume with $6.9 In the first quarter, Klarna notched $18.1

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Nothing negative about Positive Food’s meal expansion plan after $7M investment

TechCrunch LA

providing freshly packaged salads, heat-and-eat prepared meals and vegan overnight oats, raised $7 million in funding as it goes after the $34 billion fresh prepared foods market. We gained sort of a cult following because we had healthy meals at an accessible price point.”. Positive Food Co.,

Invest 175
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The New Style of Startup Vision: Smaller But Sharper?

Tech.Co

. “Marshmallow first began by providing car insurance cover for UK-based expats, a group who had historically been quoted insurance prices that were 51% higher than the market average. When the wider world went into lockdown around March 2020, there were initial concerns that the company would really struggle.

Startup 104
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Max Q: A SpaceX spin-out sounds great

TechCrunch LA

NASA could get significantly more funding than it did in 2020 for its fiscal 2021 operating year, with the bulk of a proposed $3 billion increase earmarked for development of human landers to be used in the Artemis program. Register for TC Sessions: Space 2020. Trump administration asks for $3B NASA budget boost.

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