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SpotOn raises $300M at a $3.15B valuation and acquires Appetize

TechCrunch LA

Fast forward to almost exactly one year later, and a lot has changed for the payments and software startup. With the new capital, SpotOn has raised $628 million since its inception. The acquisition of Appetize extends SpotOn’s reach to the enterprise space in a major way. Image Credits: SpotOn.

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How TVC Aims At Acquisitions, Not IPOs, with Jeb Spencer

socalTECH

Southern California's technology community--despite all of the recent excitement around Silicon Beach--continues to be underserved in terms of capital, with a lack of venture capital funds (with money), and other private technology investors. Jeb Spencer: We consider ourselves a private equity firm.

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GrubMarket raises $60M as food delivery stays center stage

TechCrunch LA

Companies that have leveraged technology to make the procurement and delivery of food more accessible to more people have been seeing a big surge of business this year, as millions of consumers are encouraged (or outright mandated, due to Covid-19) to socially distance or want to avoid the crowds of physical shopping and eating excursions.

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CapLinked Raise $1.6m Series A Round & Appoint Adam Sroka As VP Technology

Tech Zulu Event

Jackson added, “FinTech has traditionally lagged behind the innovation that’s happening in other areas of enterprise software. million, brings the company’s aggregate amount of capital raised to $2.5 25 Years of Writing Code. 25 Years of Writing Code. million Raised. Yesterdays’ equity round of $1.6

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Why Misunderstanding Startup Metrics Can Cost You Your Business

Both Sides of the Table

= profitable and companies like Amazon who chose to focus on growth > profitability were not losing money on each book sale (ie they were gross margin positive). It’s funny how scarcity of capital can focus one’s mind. CAC is often measured incorrectly and doesn’t often doesn’t capture the true costs of acquisition.

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For Many New Ventures, Location Is The Key To Success

Startup Professionals Musings

Maxwell Wessel, in a classic article in the Harvard Business Review on this subject, points out the exception successes of Zappos in Las Vegas, Sendgrid’s massive growth in Colorado, and RightNow’s $1.5 billion dollar sale to Oracle from Bozeman, Montana. Raising capital isn’t the be-all and end-all of startup success.

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

There are many times when being overly capitalized before you’re ready is a negative. We want money to make some acquisitions (investors would prefer to fund M&A if they know specific deals – not to encourage bad behavior. ” Whatever answers they have manufactured the only thing I hear is, “Because we can.”

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