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To Make It Big, Most Tech Startups Have A Limited Post-IPO Window To Turn Profitable

Crunchbase News

That’s the question we set out to explore, with an eye to gauging investors’ tolerance threshold when waiting for a public company to produce net income. One of the more recent entrants into the now-profitable club is Uber , which went public in 2018 and posted its first annual net income in 2023. Here’s what we found.

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Coho AI, which uses AI to help B2B SaaS companies boost revenue, raises $8.5M

TechCrunch

“By doing so, we are creating a network effect that each of our customers gets the benefits of a larger data set, which results in a more accurate model,” he added. Falcon says that all the models are trained using anonymized data from Coho Ai’s customer base.

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October 2023 Patch Tuesday

Ivanti

Along with the large lineup of fixes, October also marks the end-of-life for Windows Server 2012 and 2012 R2. The network call could cause the parsing of an http request made to an arbitrary address. The vulnerability has been resolved in the Windows OS and in Visual Studio,Net and ASP.Net.

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AppWorks closes third fund with $150M for Taiwan and Southeast Asia startups

TechCrunch

Fund II’s portfolio includes Lalamove and 91APP, and at the end of July 2021, its total value to paid-in (TVPI), or the return multiple net of fees, reached 3.3x. Founded in 2009, AppWorks started its accelerator program before launching a $11 million debut fund in 2012. for the other funds. Want to double your rate of return?

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Apeel bites into another $250M funding round, at a $2B valuation, to accelerate fresh food supply chains

TechCrunch

With the new funding, Apeel has now raised over $635 million since the company was founded in 2012. Preventing food waste nets Apeel $250 million from Singapore’s government, Oprah and Katy Perry. We can’t create these supply networks alone, we do it in concert with supply and retail partners,” he said.

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Marvell nabs Innovium for $1.1B as it delves deeper into cloud ethernet switches

TechCrunch

The startup, which raised over $400 million according to Crunchbase data , makes networking ethernet switches optimized for the cloud. Innovium is selling for around the price that Facebook paid for Instagram in 2012, a deal that at the time was so large that it dominated technology headlines around the world.

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5 hot IT hiring trends — and 5 going cold

CIO

Hot: Casting a wide net Rizwan says innovative thinking around hiring new staff from outside technology fields is on the rise, especially if the prospective hires have experience turning a profit. When it comes to finding tech talent, we have found that in-person networking events have become more rare,” he says.

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