Remove 2021 Remove Acquisition Remove Equity Remove Marketing
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Acorns To Go Public Via SPAC

socalTECH

Irvine-based savings and investing app developer Acorns said today that it will be going public, via a special purpose acquisition company (SPAC) merger with Pioneer Merger Corp., The transaction will give the company a fully diluted equity value of $2.2 and will trade under the symbol OAKS on the Nasdaq Capital Market.

Equity 113
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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. billion in volume for the entire fiscal year of 2021 and Afterpay is projecting $16 billion in volume for its entire fiscal year. . in markets such as New York and Los Angeles.

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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. 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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7 Keys To Scaling Your Startup To Be The Next Unicorn

Startup Professionals Musings

Of course, that means a mindset willing to give up much more equity, and taking on a whole new level of risk. Of course, customer relationships, and penetration into new market segments are also critical elements. Isolate marketing from sales for maximum customer focus. Utilize mergers and acquisitions to accelerate growth.

Startup 151
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5 Ways Crowdfunding Is Not A Panacea For New Ventures

Startup Professionals Musings

In reality, crowdfunding has become a major startup funding vehicle, expected to reach $114 billion globally by 2021, but that doesn’t mean it’s easy. The biggest surge in expectations occurred back in 2015, when the SEC “ democratized ” everyday citizens (non-accredited investors) to participate in equity crowdfunding.

Startup 151
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9 Crucial Elements Of Every New Venture Funding Pitch

Startup Professionals Musings

Investors know that operational and employee expenses are always higher than anticipated, not to mention customer acquisition costs, capital expenses, and ongoing competitive initiatives. Competitor resources include larger cash assets, trained staffs, an existing customers, and a known brand in the market.

Funding 132
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7 Ways To Balance Your Heart And Logic With Investors

Startup Professionals Musings

For example, if you have ever watched the Shark Tank show on TV, they always ask about the cost of customer acquisition. Competitors, like the market, never stand still as you disrupt their space. Equity investors realize that they won’t see any real return until an exit occurs, such as a sale, merger, or IPO.