More than a year later, the $20B Adobe-Figma deal is still stuck in regulatory limbo
In September 2022, Adobe dropped the bombshell news that it intended to buy Figma for $20 billion. It was a huge chunk of money for a startup that had recently been valued at half that amount, and it was a deal that would make investors and some Figma employees wealthy beyond their wildest dreams.
Capturing spread is a powerful but less understood business model available for some startups
It is now close to gospel that internet advertising and B2B SaaS are among the last century’s most profitable (legitimate) business models. They have more similarities than differences.
Both internet advertising and B2B SaaS benefit from a meager marginal cost of production (which is the core
Sure, Microsoft grabbed the headlines, but Amazon is still top dog in the cloud
We've talked about the first to market advantage before, and it certainly applies when it comes to the cloud infrastructure market. While Microsoft made headlines this week for its AI implementation, and Alphabet took a big stock hit for its slight cloud miss, Amazon growth has quietly settled
Follow this playbook to land and complete company acquisitions
Mergers and acquisitions (M&A) have returned after being mute for most of 2023. And yet, it’s unclear whether companies’ growth has plateaued despite efforts to expand or if companies are trying to consolidate their market position since the global economic slowdown.
Whether financi
SaaS follow-on rounds see a slowdown, but it won’t last forever
Global venture funding has been rather gloomy as of late, with data from Crunchbase showing that investments fell in Q3 despite a late-stage rebound led by large AI deals.
And the story’s no different for SaaS startups.
In May, net new SaaS sales came down from a spike in Q1 w
Credal aims to connect company data to LLMs ‘securely’
Credal.ai, a Y Combinator-backed startup that gives enterprises a way to connect their internal data to text-generating, cloud-hosted AI models, has raised $4.8 million in a seed round led by Spark Capital.
Credal was founded by Jack Fischer and Ravin Thambapillai, who previously worked at Palantir
Outset is using GPT-4 to make user surveys better
Getting answers to tough, qualitative questions about products from users can be costly, both in terms of time and money.
At least, that was the experience of Aaron Cannon, a former strategist at Deloitte, where he was responsible for facitating research projects for Deloitte clients. Cannon and hi
Memory chip maker SK Hynix, a shareholder of Kioxia, opposes a merger with Western Digital
A long-expected merger of two of the world’s biggest memory chip companies — Western Digital and Japan’s Kioxia — may be hampered by one of Kioxa’s shareholders, SK Hynix. The South Korean chipmaker said during its earnings call today that it would not agree to a combi
GGV Capital US backs Arteria AI's digital makeover for financial document creation
Data makes the world go ’round, but only if you can get what you need and know how to put it to good use. With about 90% of enterprise data unstructured, and organizations using about less than 1% of that data to make decisions, it's clear that enterprises have a giant unstructured data p
Oxide is the latest startup to try and bring the power of the cloud on prem
Over the years, we've seen a bunch of attempts to bring cloud-like functionality to the private data center, from Mesosphere to OpenStack, along with lots of other hardware and software experiments that were developed with the idea of putting compute to work in a way that behaves like the cloud
Viso eyes no-code for the future of computer vision and scores funding to scale
Computer vision has become commonplace across innumerable industries, but the methods of creating and controlling these visual AI models aren’t so easy. Viso is building a low/no-code end-to-end platform that lets companies roll their own computer vision stack, and they just pulled in $9.2M t
Grammarly’s new generative AI feature learns your style — and applies it to any text
As generative AI becomes embedded in the platforms we use every day, debates are swirling around who should get credit — and compensation — for AI-generated works.
YouTube is in the process of hashing out licensing agreements with record labels to use musicians’ voices to create n
The Davis-Bacon Act changes present a chance for startups to disrupt construction tech
The U.S. construction landscape looks much different this week compared to last Friday following the amendments to the Davis-Bacon Act that went into effect on Monday.
While these amendments primarily concern contractors of federal construction projects, they still present a unique opportunity for
After $43B valuation, Databricks acquires data replication startup Arcion for $100M
Databricks has remained a hot startup at a time when interest from investors has cooled across the ecosystem. Just last month the company raised $500 million at an eye-popping $43 billion valuation. That would be big money anytime, but especially in the current fundraising climate.
With that kind