Remove 2021 Remove Funding Remove Pricing Remove Venture Capital
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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

At our mid-year offsite our partnership at Upfront Ventures was discussing what the future of venture capital and the startup ecosystem looked like. Should SaaS companies trade at a 24x Enterprise Value (EV) to Next Twelve Month (NTM) Revenue multiple as they did in November 2021? Except the music stopped.

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Praying to the God of Valuation

Both Sides of the Table

Something happened in the past 7 years in the startup and venture capital world that I hadn’t experienced since the late 90’s — we all began praying to the God of Valuation. How might our next phase of the journey seem brighter, even with more uncertain days for startups and capital markets? What happened?

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

TechCrunch LA

Just over three months after its last funding round, European fintech giant Klarna is announcing today that it has raised another $639 million at a staggering post-money valuation of $45.6 billion in volume for the entire fiscal year of 2021 and Afterpay is projecting $16 billion in volume for its entire fiscal year. .

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Rivian, With Offices In SoCal, Finds $1.3 Billion

socalTECH

billion funding round, the company said on Monday. The funding was a fourth round for the company, which has now raised a total of more than $2.85 billion in funding. The new funding was led by T. Rowe Price, and also included Amazon, Ford Motor Company, and BlackRock. READ MORE>>.

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Shareholders approve Bird-SPAC merger, stock promptly falls

TechCrunch LA

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. This year, the company expects — looking at predictions that included results through Q2 2021 — to post positive gross margins.

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

TechCrunch LA

The company plans to end 2021 with eight locations, in particular eyeing the Denver, Seattle and Los Angeles markets. The company plans to use its new capital primarily to expand into new markets. It recently opened its second facility, a 66,000-square-foot location, in the Dallas-Fort Worth area that is currently about 40% occupied.

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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. The pandemic has led to a huge boost in digitalization, with a huge outpour of technology innovation – supported by VC investment.

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