From Unity to Disrupt, tech has an especially optimistic week
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While technewss was busy producing our first-ever online Disrupt this week, the IPO market got even more exciting than expected — so here's
Are high churn rates depressing earnings for app developers?
Ever since Apple opened up subscription monetization to more apps in 2016 — and enticed developers with an 85/15 split on revenue from customers that remain subscribed for more than a year — subscription monetization and retention has felt like the Holy Grail for app developers. So much so tha
Amid layoffs and allegations of fraud, the FBI has arrested NS8’s CEO following its $100+ million summer financing
The tagline from today’s announcement from the United States Attorney’s office for the Southern District of New York says it all: “Adam Rogas Allegedly Raised $123 Million from Investors Using Financial Statements that Showed Tens of Millions of Dollars of Revenue and Assets that
The stages of traditional fundraising
Funding comes in stages.
Understanding these will help you know when and where to go for funding at each stage of your business. Further, it will help you communicate with funders more precisely. What you think when you hear “seed funding” and “A rounds” might be different f
Chime adds $485M at a $14.5B valuation, claims EBITDA profitability
In the midst of IPO week we have to add another name to our future debuts list, namely Chime, which announced a huge new round of capital today. The $485 million Series F values the consumer fintech giant at $14.5 billion, a huge figure given that Chime was most recently worth $5.8 billion after ra
It’s game on as Unity begins trading
Unity Software, which sells a game development toolkit primarily for mobile phone app developers, raised $1.3 billion in its initial public offering.
The company, which will begin trading today with the ticker symbol “U,” priced its shares at the top end of its expected range, selling 2
Outschool, newly profitable, raises a $45M Series B for virtual small group classes
Outschool, which started in 2015 as a platform for homeschooled students to bolster their extracurricular activities, has dramatically widened its customer base since the coronavirus pandemic began.The platform saw its total addressable market increase dramatically as students left campus to abide
What makes Checkout.com different from Stripe
While Checkout.com has kept a low profile for many years, the company raised $380 million within a year and reached an impressive valuation of $5.5 billion. It wants to build a one-stop shop for all things related to payments, such as accepting transactions, processing them and detecting fraud.
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Ride-hailing was hit hard by COVID-19 — Grab’s Russell Cohen on how the company adapted
"attachment_2048595" aria-describedby="" style="width: 1024px">A contactless Grab delivery
Ride-hailing services around the world have been hit hard by the COVID-19 pandemic, and Grab was no exception. The company is one of the most highly-valued tech startups in Southeast Asia, where it operates in
Ron Howard and Brian Grazer say that their accelerator can help diversify Hollywood
Impact Creative Systems (formerly Imagine Impact) is bringing a startup accelerator-style approach to finding fresh creative talent, and it announced this morning that, with funding from venture capital firm Benchmark, it’s spinning out from Imagine Entertainment — the production comp
Fabletics' Adam Goldenberg and Kevin Hart on what's next for the activewear empire
Like plenty of other modern direct-to-consumer companies, influencer marketing has been an essential part of Fabletics’ journey. Actress Kate Hudson co-founded the company and co-CEO Adam Goldenberg believes that its network of spokespeople has been key to the company’s growth.
We were
Here are the 19 companies presenting at Alchemist Accelerator Demo Day XXV today
When Alchemist Accelerator shifted its Demo Day to virtual earlier this year, Alchemist director and founder Ravi Belani told me it was a move he expected the team to stick with for some time. Nearly half a year later it’s time for another Demo Day — and sure enough, with the pandemic still
Why hasn’t digital learning lived up to its promise?
The fall semester is off to a rocky start. When schools were forced to close in the spring, students (and parents) struggled. As the new school year begins, affluent families are building pandemic pods and inequities abound, while surveys suggest that college students want tuition discounts for on
Startup founders must overcome information overload
Many of the founders I have spoken to said one of their biggest early challenges was figuring out how to sift through all the advice they receive.
Advice overload plagues everyone and founders have it especially bad, given that most startups have a board of advisors. Founders described needing conv