Remove Marketing Remove Metrics Remove SMB
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Justworks files to take its SMB-focused, HR-themed SaaS business public

TechCrunch

The Exchange explores startups, markets and money. So, SMB-focused, HR-themed SaaS. In simpler terms, are SMB customers as churn-heavy as we’ve been historically warned by venture capitalists?). (In In simpler terms, are SMB customers as churn-heavy as we’ve been historically warned by venture capitalists?).

SMB 231
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Neobanks’ moves toward profitability could be the path to public markets

TechCrunch

Novo, an SMB-focused neobank, raised $41 million in June. The Exchange explores startups, markets and money. And the list goes on: E-commerce-focused neobank Juni raised $21.5 million last month. Nubank has raised $2.3 And FairMoney has locked down more than $50 million. On and on and on.

Marketing 260
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Inside Expensify’s IPO filing

TechCrunch

The Exchange explores startups, markets and money. As we’ll see, COVID impacted the company’s growth rate as well as its retention metrics. We also want to understand how the company is profitable, and how its SMB focus has turned out to be more of a boon than a burr. Let’s have some fun!

SMB 218
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Airbase adds spend support for international subsidiaries

TechCrunch

As more companies lean into remote work, and a great many startups are founding themselves on multiple continents, the new capability could boost Airbase’s effective total addressable market. Brex added a paid package of software at an SMB-friendly price point. Ramp and Brex draw diverging market plans with M&A strategies.

SMB 225
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Capital efficiency is the new VC filter for startups

TechCrunch

In this article, we will explain why that happens, and whi h metrics to track to understand where you stand on the capital efficiency scale. The biggest mistake in measuring your capital efficiency Understanding where you stand as a business boils down to the metrics you use and how well you can interpret them. Let’s see what they are.

Metrics 253
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TechCrunch+ roundup: Optimizing acquisition, parental leave tips, riding the downturn express

TechCrunch

Despite the quickening pace of layoffs, there is some good news for SaaS startups: 70% of SMBs plan to increase IT spending in 2023, and the procurement process is getting faster. ” For example, Gartner found that 41% of SMB customers rely on customer ratings and reviews before making a purchase.

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Factorial adds $120M and doubles valuation to $1B to build enterprise-quality HR for SMBs

TechCrunch

While developed markets like the U.S., and Western Europe are full of competition for SMB-focused startups building productivity and operational apps for SMBs, in developing countries Factorial has been a trailblazer in connecting with the small business segment to sell them products to handle human resources like their larger counterparts.