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How long can Zuckerberg afford to bankroll the AR/VR market?

TechCrunch LA

The Facebook parent-company saw its stock price get bludgeoned after a bad earnings report showcased that Apple’s ad-blocking changes are shaving billions off its books and the company’s crown jewel — the Facebook platform — has stopped growing and actually shrank this quarter.

Marketing 246
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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. . Klara is now live with 24 of the top 100 U.S.

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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.

Commerce 237
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6 Key Rules To Stay Competitive In The Digital World

Startup Professionals Musings

Features, availability, and brand are just the price of entry. Today’s digital leaders all have a digital platform – a set of algorithms stitched together to collect and analyze key data, and tune their algorithms dynamically for every transaction. Marty Zwilling First published on Inc.com on 05/20/2021.

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Canada’s newest unicorn: Clio raises $110M at a $1.6B valuation for legal tech

TechCrunch LA

Rowe Price Associates Inc. Much like how Microsoft Windows defined the operating system for personal computers decades ago, Clio has developed a software platform for law firms and their clients that is cloud-based and client-centric by design,” Newton said. With 5 new unicorns in first week of 2021, are we in for a stampede this year?

Platform 244