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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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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.

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

TechCrunch LA

billion in volume for the entire fiscal year of 2021 and Afterpay is projecting $16 billion in volume for its entire fiscal year. . March 2021 also represented a record month for global shopping volume with $6.9 They can also do things like initiate refunds, track deliveries and get price-drop notifications. billion valuation.

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

TechCrunch LA

If someone forwarded you this message, you can get this in your inbox from the newsletter page , and follow my tweets @lucasmtny. Image Credits: Facebook. the big thing. Meta had a bad week — like history-making rough. “ Crypto investment starts 2022 with a roar.

Marketing 246
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Rivian, With Offices In SoCal, Finds $1.3 Billion

socalTECH

Rowe Price, and also included Amazon, Ford Motor Company, and BlackRock. Rivian, which is led by founder and CEO RJ Scaringe, recently announced an agreement with Amazon to supply 100,000 electric delivery vans starting in 2021, although the firm has yet to start commercial production on its vehicles. billion in funding.

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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