article thumbnail

TechCrunch+ roundup: Why you should go APE, H-1B lottery tips, how to check references

TechCrunch

“Getting to a higher APE earlier in the maturity cycle is likely a net positive,” they write. The secret to doing great reference checks for potential hires. I’ve hired enough people to understand that cognitive dissonance and confirmation bias is endemic when it’s time to check a candidate’s references.

Metrics 200
article thumbnail

Squarespace files for a direct listing on the NYSE

TechCrunch

million and net income of $58.2 million and net income of $30.6 For reference, its pro forma results for 2020 include a modest revenue gain to $644.2 million and a net loss of $267.7 For reference, its pro forma results for 2020 include a modest revenue gain to $644.2 million and a net loss of $267.7

.Net 262
Insiders

Sign Up for our Newsletter

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

article thumbnail

Sofar nets a $39M round B to grow its ocean-monitoring autonomous buoy network

TechCrunch

Sofar and DARPA recently announced a hardware standard called Bristlemouth intended to serve as a reference design for people designing their own ocean-going data collection devices. That’s why we anticipate rapidly adding many more sensors over the next couple of years to expand the data we collect and get even more accurate ocean insights.

Network 224
article thumbnail

Nexi, the Italian payments giant, buys Germany’s Orderbird for $140-150M to expand its SMB strategy

TechCrunch

More consolidation is apace in the world of payments: Nexi , the Italian fintech that scooped up rivals Danish-based Nets and then Italy’s SIA to create a $12.5 In addition to payments company Nets/Concardis, Orderbird’s other investors had included Digital+ Partners and Metro Group, and it had raised around $55 million in all.

SMB 251
article thumbnail

Wannabe ‘social bank’ Kroo swerves VCs to raise a $24.5M Series A from HNWs

TechCrunch

million) in a Series A funding round led by Rudy Karsan, a high-net-worth tech entrepreneur and founder of Karlani Capital. The company has also pledged to donate a percentage of profits to social causes, and launched a tree-planting referral scheme, so that every time a customer refers a friend, Kroo plants 20 trees. million (£17.7

Banking 253
article thumbnail

Acquisition, retention, expansion: Why SaaS founders must understand GDR and NDR

TechCrunch

For software, two metrics are commonly used to measure retention and expansion: Gross Dollar Retention (GDR) Net Dollar Retention (NDR), sometimes referred to as Net Revenue Retention, or Dollar Based Net Revenue Retention.

.Net 224
article thumbnail

Are late-stage startup valuations going to suffer this year?

TechCrunch

crypto exchange posting net revenues of $2.49 billion, net income of $840 million and adjusted EBITDA of $1.21 And yet, Coinbase shares are up just over a point in pre-market trading, and the company is worth around $70 per share less than its direct listing reference price; Coinbase is also down around 57% from its recent highs.

.Net 226