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Startup layoffs, the art of reinvention and a MasterClass in change

TechCrunch

Instead, I think that changes within a particular startup can be used as benchmark questions for their larger market; in other words, we can use the micro to better understand the macro. Think high-contact sports, like a tennis lesson from Serena Williams or a basketball lesson from Steph Curry.

Sport 242
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It turns out fintech is worth as much as SaaS

TechCrunch

The Exchange explores startups, markets and money. Toast, after seeing its shares rise sharply after starting to trade yesterday, sports a similar revenue multiple despite far weaker blended gross margins. The Seattle-based fintech company sold 12,162,777 shares (7,000,000 primary) at $43 apiece.

Fintech 254
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Pakistan’s Airlift raises $85 million for its quick commerce startup, eyes international expansion

TechCrunch

Users can order groceries, fresh produce and other essential items, including medicines, as well as sports goods from the Airlift website or app and have it delivered to them in 30 minutes. Gul said he plans to expand the service to many international markets in the next few months. Airlift website.

Sport 249
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TechCrunch+ roundup: VCs rate pitch decks, IPO analysis, Techstars’ expansion plans

TechCrunch

No one’s going to tell you when your startup has reached product-market fit — there are no flashing lights, no siren, no balloons falling from the ceiling. Finding product-market fit, from the earliest stages through growth. Image Credits: sorbetto (opens in a new window) / Getty Images. Walter Thompson. yourprotagonist.

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TechCrunch+ roundup: How VC really works, longevity investor survey, choosing your angel

TechCrunch

Essentially, VC is a high-stakes extreme sport in which top players can accumulate startling amounts of wealth and power. Image Credits: Colin Anderson Productions pty ltd (opens in a new window) / Getty Images. Image Credits: Andri Onufriyenko (opens in a new window) / Getty Images. “You could claim the system is broken.

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Daily Crunch: AI content developer Jasper now valued at $1.5B following capital infusion

TechCrunch

Christine reports that the low-flying, Boston-based venture outfit just tripled the size of its second fund to $150 million thanks to its approach of investing in sports technologies with the help of its community of athlete backers who help promote and grow the portfolio companies. million seed funding , writes Tage. You can sign up here.

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How will investors value MetroMile and Oscar Health?

TechCrunch

In the wake of last year’s debuts by neoinsurance companies Lemonade and Root, it’s not surprising to see others test the public markets. The Exchange explores startups, markets and money. Lemonade, for reference, sells rental insurance with an eye on going up-market in time to other forms of home-focused insurance.

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