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Introducing Trust, and the Importance of Product-Founder Fit

Both Sides of the Table

Photo by Vanna Phon on Unsplash Customer acquisition is the lifeblood of many startups from e-commerce to gaming to marketplace companies, among others. For these companies, it looks like a rosy picture. eCommerce for example grew 39% just last year - so there’s simply more demand. Why Did I Invest in Trust?

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

TechCrunch LA

Today, SpotOn said it has closed on $300 million in Series E financing that values the company at $3.15 Andreessen Horowitz (a16z) led both the Series D and E rounds for the company, which says it has seen 100% growth year over year and a tripling in revenue over the past 18 months. Image Credits: SpotOn.

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Good Eggs raises $100M and plans to launch in Southern California

TechCrunch LA

It seems, however, that the company has found plenty of opportunity for growth while remaining focused on the San Francisco Bay Area. Hall also noted that the company opened a new, larger warehouse in Oakland just a few days before shelter-in-place orders took effect last March. Image Credits: Good Eggs. Glade Brook’s J.P.

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The next big restaurant chain may not own any kitchens

TechCrunch LA

If investors at some of the biggest technology companies are right, the next big restaurant chain could have no kitchens of its own. ” Collins’ company just raised $10 million in a funding round led by GV , the investment arm of Google parent company, Alphabet. The Battle Is For The Customer Interface.

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TaskUs Takes $250M From Blackstone

socalTECH

Santa Monica-based business outsourcing service provider TaskUs , founded by Bryce Maddock and Jaspar Weir, said this morning that it has raised $250M in an investment round. The investment came from private equity investor Blackstone Group. According to TaskUs, the funding round values the company at $500M. READ MORE>>.

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Upgrade gives hair stylists tools to market, sell custom wigs from one marketplace

TechCrunch LA

She worked on Wall Street as an investment banker for a few years in New York before returning to Houston with a job in energy. The company Winters was working for sponsored her MBA to Harvard Business School, and it was there that she came up with the idea for Upgrade. The company, which raised $1.7 Remember Mary J.

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GrubMarket gobbles up $120M at a $1B+ pre-money valuation to take on the grocery supply chain

TechCrunch LA

Mike Xu, GrubMarket’s founder and CEO (pictured, above), tells me that the company is currently profitable in a big way. GrubMarket got its start several years ago as one of many companies looking to provide a more efficient farm-to-table service. It is currently is the company’s biggest customer.).

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