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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?).

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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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Performance marketing agency MuteSix bets on content and data to boost DTC e-commerce

TechCrunch

But LA-based performance marketing agency MuteSix didn’t wait that long to build its business around scaling DTC brands. If you have growth marketing agencies or freelancers to recommend, please fill out our survey !). Why do you think that performance marketing is the right fit for DTC?

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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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Squarespace files for a direct listing on the NYSE

TechCrunch

Today Squarespace, a well-known software-and-hosting provider for SMB websites, released its S-1 filing. For now let’s focus on Squarespace’s own metrics. Turning to Squarespace-specific metrics, the company’s “unique subscriptions” rose from 2.984 million in 2019 to 3.656 million in 2020.

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