Remove .Net Remove 2018 Remove Marketing
article thumbnail

Compass files S-1, reveals $3.7B in revenue on net loss of $270M

TechCrunch

Given the startup’s agency model, most of that revenue is paid out directly to the firm’s agents, who netted about $3 billion in commissions in 2020. Compass posted a net loss of $270 million in 2020, a net loss roughly in line with what it has experienced in the past two years.

.Net 260
article thumbnail

Airbnb files to go public

TechCrunch

ai themselves filed to go public in what could be a rush to the public markets by richly valued startups. Indeed, the company is on track to match its 2018 size, if we have our math correct. If the company manages another Q3 worth of revenue in Q4, it would be larger than it was in 2018 by a few hundred million.

.Net 359
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

SoftBank-backed Socar, South Korea’s largest car-sharing startup, tumbles on market debut

TechCrunch

Socar , South Korea’s largest car-sharing startup, tumbled in its Seoul stock market debut Monday even after pricing shares below the bottom end of a marketed range. Socar’s debut comes amid a sluggish period in the IPO market in South Korea that has prompted a series of Korean companies to delay their listing plans.

Marketing 245
article thumbnail

B2B marketplaces will be the next billion-dollar e-commerce startups

TechCrunch

trillion in sales by 2024 , up from an estimated $680 billion in 2018, according to payments research firm iBe TSD. Financing: It is customary in B2B transactions to pay “with terms,” such as net 30 or net 60, effectively giving a line of credit to the business buyer that enables them to send payment after delivery of the good or service.

B2B 363
article thumbnail

Nerdy, a tutoring marketplace startup, is going public via SPAC

TechCrunch

Its 2020 estimates list an anticipated net loss of $23 million, which is more than it lost in 2019 but less than its 2018 deficit. Based on last year’s growth, Nerdy estimates that its net loss will slim to $8 million in 2021, and will achieve profitability by 2023. The company’s growth also failed to stem its losses.

article thumbnail

EquityBee raises $20M to help startup employees actually afford their stock options

TechCrunch

It brings the company’s total raised to over $28 million since its 2018 inception. market, and moved its headquarters to Silicon Valley in February 2020. Its investor community is made up of 8,000 funds, family offices and high-net worth individuals. million seed round in September of 2018.

Exercises 248
article thumbnail

Five takeaways from Coinbase’s S-1

TechCrunch

But in case you’ve been busy, the key things to understand are that Coinbase was an impressive company in 2019 with more than a half-billion in revenue and a modest net loss. billion in revenue, providing it with lots of net income. The Exchange explores startups, markets and money. Sound good?

.Net 277