Posts filtered by tags: Nigel Sussman[x]


 

Extra Crunch roundup: TC Mobility recaps, Nubank EC-1, farewell to browser cookies

What, exactly, are investors looking for? Early-stage founders, usually first-timers, often tie themselves in knots as they try to project the qualities they hope investors are seeking. In reality, few entrepreneurs have the acting skills required to convince someone that they’re patient, dedicated or hard-working. Johan Brenner, general partner at Creandum, was an early backer of Klarna, Spotify and several other European startups. Over the last two decades, he’s identified five key traits shar...
Tags: Apple, Google, Spotify, China, US, Toronto, Tech, Walmart, SEC, EC, Latin America, Nubank, David Velez, Creandum, Cto, Sequoia


Extra Crunch roundup: EU insurtech, 30 years of ‘Crossing the Chasm,’ embedded finance’s endgame

This morning, Anna Heim and Alex Wilhelm dug into the EU insurtech market, interviewing European VCs and collating the biggest recent rounds to take the temperature of the waters across the pond: Alex Timm, CEO, Root Dan Preston, CEO, MetroMile Luca Bocchio, partner, Accel Florian Graillot, investor, Astorya.vc Stephen Brittain, director and founder, Insurtech Gateway Several European-based insurtech startups entered unicorn territory this year, such as Bought By Many, which offers pet insuran...
Tags: Startups, TC, Transportation, London, Microsoft, Entrepreneurship, Insurance, Tech, Eu, Atlantic, United States, Venture Capital, Tanzania, Mobility, Alan, Anna


Extra Crunch roundup: Security data lakes, China vs. Starlink, ExtraHop’s $900M exit

News broke this morning that Bain Capital Private Equity and Crosspoint Capital Partners are purchasing Seattle-based network security startup ExtraHop. Part of the Network Detection and Response (NDR) market, ExtraHop’s security solutions are for companies that manage assets in the cloud and on-site, “something that could be useful as more companies find themselves in that in-between state,” report Ron Miller and Alex Wilhelm. Just one year ago, ExtraHop was closing in on $100 million in ARR an...
Tags: Health, Startups, TC, Space, Spacex, Maryland, China, US, Tech, Earth, United States, Venture Capital, EC, Anna, Seattle, Alex


Extra Crunch roundup: Guest posts wanted, ‘mango’ seed rounds, Expensify’s tech stack

Prospective contributors regularly ask us about which topics Extra Crunch subscribers would like to hear more about, and the answer is always the same: Actionable advice that is backed up by data and/or experience. Strategic insights that go beyond best practices and offer specific recommendations readers can try out for themselves. Industry analysis that paints a clear picture of the companies, products and services that characterize individual tech sectors. Our submission guidelines haven’t ...
Tags: Social, Startups, TC, Confluent, Ecommerce, Twitter, Etsy, Ipo, San Francisco, Tech, United States, SaaS, Venture Capital, EC, Barkbox, Caribbean


Extra Crunch roundup: first-check myths, Miami relocation checklist, standout SaaSy startups

This may seem like a great time to launch a SaaS startup, but the landscape is crowded with well-designed applications that promise “blazingly fast and delightfully simple” experiences, according to seed-stage investor John Chen of Fika Ventures. Most SaaS startups will fail, but not because of a sour marketing campaign or server downtime. The majority of these companies will fall victim to what Chen calls “the myth of frictionless onboarding.” Despite the hype about ease of use, enterprise comp...
Tags: Startups, TC, Ecommerce, Florida, New York, California, Youtube, Finance, Boston, San Francisco, Tech, Austin, SaaS, Venture Capital, Vimeo, Miami


Extra Crunch roundup: Lordstown Motors’ woes, how co-CEOs work, Brian Chesky interview

Lordstown Motors released its Q1 earnings yesterday, and the electric vehicle manufacturer is facing a few challenges. Expenses were higher than expected, it plans to slash production by about 50%, and the company reported zero revenue and a net loss of $125 million. Oh, it also needs more capital. “But there’s more to the Lordstown mess than merely a single bad quarter,” writes Alex Wilhelm. “Lordstown’s earnings mess and the resulting dissonance with its own predictions are notable on their ow...
Tags: Amazon, Startups, TC, South Korea, China, San Francisco, Tech, E-commerce, Getty Images, Netflix, Venture Capital, SEC, Silicon Valley, Airbnb, EC, Ted Sarandos


Extra Crunch roundup: Jam City SPAC, startup PR, telemedicine market map, more

For this morning’s edition of The Exchange, Alex Wilhelm studied information recently released by mobile gaming studio Jam City as it prepares to go public in a $1.2 billion blank-check deal with DPCM Capital. “Jam City is a bit like Zynga, but unless you are a mobile-gaming aficionado, you might not have heard of it,” he writes. Since its launch, Jam City has raised upwards of $300 million, including a $145 million round in 2019. At the time, the company was riding high after signing a deal wit...
Tags: Startups, TC, London, Entrepreneurship, Big Data, Ipo, Israel, Disney, Tech, Getty Images, United States, New Relic, Zynga, Venture Capital, Square, Machine Learning


Elon Musk giveth and taketh away

Hello friends, and welcome back to Week in Review! Last week, I wrote about Facebook’s never-ending Trump problem. This week, I’m looking at Elon Musk’s wild week of whipping crypto markets. If you’re reading this on the TechCrunch site, you can get this in your inbox from the newsletter page , and follow my tweets @lucasmtny . The big thing This week, Elon Musk may have crashed the crypto markets with a tweet. Musk has always been anything but predictable but retail and institutional inve...
Tags: Amazon, TC, Facebook, Elon Musk, Tech, Tesla, Thailand, Bitcoin, United States, Crypto, SEC, Week in Review, Nevada, EC, Cryptocurrency, Blockchain


Extra Crunch roundup: Selling SaaS to developers, cracking YC after 13 tries, all about Expensify

Before Twilio had a market cap approaching $56 billion and more than 200,000 customers, the cloud-communications platform developed a secret sauce to fuel its growth: a developer-focused model that dispensed with traditional marketing rules. Software companies that sell directly to end users share a simple framework for managing growth that leverages discoverability, desirability and do-ability — the “aha!” moment where a consumer is able to incorporate a new product into their workflow. Data sh...
Tags: Google, Startups, TC, Facebook, Y Combinator, San Francisco, Tech, Barcelona, United States, Venture Capital, Bird, Private Equity, Silicon Valley, Travis Kalanick, Johannesburg, EC


The Expensify EC-1

Let’s make it clear from the outset that this story is about an expense management SaaS business called Expensify. As you’d expect, yes, this is about the expense management market and how Expensify has grown, its technology and all of that. Normally, that would make us change the channel. But this is also a story about pirates; peer-to-peer hackers who asked, “Why not work from Thailand and dozens of countries across the globe?” and actually did it using P2P hacker culture as a model for consen...
Tags: Wtf, Enterprise, Tech, Thailand, SaaS, SEC, Travis Kalanick, EC, P2p, Expensify, Concur, David Barrett, Danny Crichton, Heim, Expense Management, EC-1


Extra Crunch roundup: How Duolingo became an edtech leader

The pandemic has just pushed edtech mainstream, but language-learning startup Duolingo had already spent the past decade figuring out how to build a successful edtech app. In our latest installment of the EC-1 series, Natasha Mascarenhas goes deep with the company to understand how it found product-market fit, then figured out how to grow like a consumer tech startup and monetize like a SaaS startup. After a record 2020, the Pittsburgh-based company also opened up about its plans for the future,...
Tags: Startups, TC, Apps, Utah, Education, Ipo, Boston, Tech, CMO, Bloomberg, Paypal, United States, Nba, Square, Holland, SEC


The Daily Crunch: TechCrunch’s parent company sold for $5B, Duolingo’s origin story

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. TechCrunch’s new home The original plan was to spend a minute today explaining that the Daily Crunch is now being put together by a new and expanded team. I, your friend Alex, will be writing and collecting the main sections from here on out. We’ll also have input from Walter and Annie on the Extra Crunch side of things (like today’s Exchange column!), along with...
Tags: Apple, TC, Twitter, Microsoft, Tech, Annie, EC, FirstMark Capital, Alex, Sarah, EMC, Mary Meeker, Duolingo, Zoomo, Lucas Matney, Anthony Ha


Extra Crunch roundup: Fintech stays hot, Brex doubles, and startup IRR is up all over

Tech companies in Silicon Valley, the geography, have had an incredible year. But one indicator points to longer-term changes. The internal rate of return (IRR) for companies in other startup hub cities has been even better. A big new analysis by AngelList showed aggregate IRR of 19.4% per year on syndicated deals elsewhere versus 17.5% locally. A separate measure, of total value of paid-in investment, revealed 1.67x returns for other hubs versus 1.60x in the main Silicon Valley and Bay Area tec...
Tags: Startups, TC, California, India, US, San Francisco, Tech, Austin, United States, Healthcare, SEC, Silicon Valley, Zomato, Biden, Seattle, Fintech


Extra Crunch roundup: Klaviyo EC-1, micromobility’s second wave, UiPath CFO interview, more

Origin stories are satisfying because we already know the hero will overcome the odds — and in doing so, they’ll reveal their core strengths. This week, we published a four-part series about how Klaviyo co-founders Andrew Bialecki and Ed Hallen bootstrapped their startup into an e-commerce marketing automation platform now valued at $4.15 billion. Neither founder was bitten by a radioactive spider or received a serum that enhanced their entrepreneurial skills; instead, they focused on outreach t...
Tags: Startups, TC, Transportation, Europe, Advertising Tech, Finance, US, San Francisco, United States, Michael Dell, SaaS, Venture Capital, SEC, Dell, EC, Vmware


Extra Crunch roundup: UiPath’s IPO filing, predicting revenue, how to pivot properly, much more

This is not a boast, but a warning: I could write a how-to article on almost any topic. Give me enough time to do some research, and I can put together a reliable step-by-step for building a custom gaming PC, installing a hot water heater or interpreting public health data. But since I’ve never actually done those things, I would encourage you to ignore any advice I have to offer. Trusted advice comes from experience. That’s why Ron Miller interviewed three entrepreneurs who have each built mult...
Tags: Amazon, Startups, TC, Facebook, Europe, Microsoft, California, Entrepreneurship, Ipo, US, Tech, Austin, United States, Quora, Venture Capital, Dell


A ‘more honest’ stock market

Hello friends, and welcome back to Week in Review! Last week, I talked about Clubhouse’s slowing user growth. Well, this week news broke that they had been in talks with Twitter for a $4 billion acquisition, so it looks like they’re still pretty desirable. This week, I’m talking about a story I published a couple days ago that highlights pretty much everything that’s wild about the alternative asset world right now. If you’re reading this on the TechCrunch site, you can get this in your inbox fr...
Tags: Apple, Google, Amazon, TC, Twitter, Elon Musk, Bluetooth, Supreme Court, Alabama, Tech, Tesla, E-commerce, Smartphone, Software, Bluetooth Speaker, Software Development


Let’s talk about gaslighting and fundraising

“Most of the startups I give advice to about how to raise venture capital shouldn’t be raising venture capital,” an investor recently told me. While the idea that every startup isn’t venture-backable might run counter to the narrative to the barrage of funding news each week, I think it’s important to double click on the topic. Plus, it keeps coming up, off the record, on phone calls with investors! As venture grows as an asset class, the access to capital has broadened from a dollar perspective...
Tags: Startups, TC, Marketplace, Tech, Austin, New Jersey, Fundraising, Healthcare, Venture Capital, Treasury, EC, Taylor, Equity, Fintech, Coinbase, Affirm


Extra Crunch roundup: StockX EC-1, Early Stage recaps, unpacking Alkami’s IPO, more

Over the last few days, we’ve published several articles recapping panels from last week’s TechCrunch Early Stage virtual conference. Each story is based on an interview with a founder or investor who addressed some of the most common startup dilemmas. Predictably, they’re mostly focused on the how and why: How do I get into an accelerator? When should I hire a sales team? What’s the best way to earn attention from investors? TechCrunch reporter Natasha Mascarenhas interviewed Kleiner Perkins ...
Tags: Startups, TC, Hong Kong, Entrepreneurship, China, Tech, Venture Capital, Ikea, SEC, Private Equity, Silicon Valley, Michigan, Lg, Bill, EC, Detroit


Nonobvious acquisitions are on my 2021 bingo board

At the end of 2020, I argued that edtech needs to think bigger in order to stay relevant after the pandemic. I urged founders to think less about how to bundle and unbundle lecture experience, and more about how to replace outdated systems and methods with new, tech-powered solutions. In other words, don’t simply put engaging content on a screen, but innovate on what that screen looks like, tracks and offers. A few months into 2021, the exit environment in edtech…feels like it’s doing exactly th...
Tags: Startups, TC, Spotify, Education, China, Ipo, US, Linkedin, Tech, Compass, EC, Edtech, Coursera, Clubhouse, Deliveroo, NFT


Extra Crunch roundup: Tonal EC-1, Deliveroo’s rocky IPO, is Substack really worth $650M?

For this morning’s column, Alex Wilhelm looked back on the last few months, “a busy season for technology exits” that followed a hot Q4 2020. We’re seeing signs of an IPO market that may be cooling, but even so, “there are sufficient SPACs to take the entire recent Y Combinator class public,” he notes. Once we factor in private equity firms with pockets full of money, it’s evident that late-stage companies have three solid choices for leveling up. Seeking more insight into these liquidity opti...
Tags: Startups, TC, Asia, Entrepreneurship, Mexico, Ipo, US, Tech, Artificial Intelligence, Venture Capital, Machine Learning, SEC, EC, Alex, Latin America, Digitalocean


Extra Crunch roundup: Clubhouse UX teardown, YC Demo Day favorites, proptech VC survey, more

Since the pandemic began, I have been pushing the limits of my imagination to try to picture what cities will look and feel like in the coming years. If your town looks like San Francisco, where I live, it’s a pressing question: Our once-bustling financial district is a ghost town, but even in outer neighborhoods, the number of vacant storefronts is unsettling. People are starting to emerge after sheltering in place for a year, but we are a long way from fully restoring our shared spaces. What’s...
Tags: Google, Startups, TC, Transportation, Y Combinator, Real Estate, Microsoft, Ipo, Israel, San Francisco, Tech, Hungary, Middle East, Venture Capital, Vr, Silicon Valley


Extra Crunch roundup: AI eats fintech, fundraising visas, no-code transition tips, more

Most American retail banks are designed the same way: Customers must pass several desks set aside for loan and mortgage officers before they can talk to a customer representative. I only step inside a bank a few times each year, but even pre-pandemic, I can’t remember the last time I saw someone sitting at one of those desks. Everyone I know who’s obtained a home or business loan in the recent past started with an online application process. For this morning’s column, Alex Wilhelm interviewed Da...
Tags: Startups, Transportation, Ecommerce, Europe, Developer, Finance, Africa, Tech, Data, Artificial Intelligence, United States, SaaS, Venture Capital, Silicon Valley, Bmw, Barry


Extra Crunch roundup: Coupang and Roblox debut, driving GPT-3 adoption, startup how-tos, more

Extra Crunch publishes a variety of article types, but how-tos are my favorite category. For many entrepreneurs, the startup they are trying to get off the ground might be only the second entry on their resume. As a result, they don’t have much experience to draw from when it comes to basics like hiring, fundraising and growth marketing. Last week, Natasha Mascarenhas interviewed experts who had some strategic advice for finding the right time to bring a product manager on board. This afternoon,...
Tags: Startups, Gaming, Ecommerce, Europe, Entrepreneurship, India, Global, Tech, Bloomberg, Artificial Intelligence, SaaS, How To, Venture Capital, SEC, Jaguar, Alex


EC roundup: BNPL startups, growth marketing tips, solid state battery market map, more

When I needed a new sofa several months ago, I was pleased to find a buy now, pay later (BNPL) option during the checkout process. I had prepared myself to make a major financial outlay, but the service fees were well worth the convenience of deferring the entire payment. Coincidentally, I was siting on said sofa this morning and considering that transaction when Alex Wilhelm submitted a column that compared recent earnings for three BNPL providers: Afterpay, Affirm and Klarna. I asked him why h...
Tags: Startups, Transportation, Cloud, Enterprise, Microsoft, Labor, Finance, Linkedin, Tech, Amanda Milligan, Fractl, Diversity, Automotive, SaaS, Venture Capital, Private Equity


Extra Crunch roundup: Optimized SaaS pricing, recruiting growth experts, VC surveys, more

Since the pandemic began, have you been walking more, or do you know someone who bought a new car? Perhaps you ran your first errand on a rented e-bike or scooter? Over the last year, I’ve experimented with different mobility options to see which ones best suit my needs, as have most people I know. It can be challenging to maintain a recommended physical distance on a bus or subway. (After a decade-plus hiatus, I even briefly considered rejoining the ranks of automobile owners!) Full Extra Crun...
Tags: Startups, TC, Transportation, Labor, Finance, San Francisco, Tech, Getty Images, SaaS, Venture Capital, Rover, Alex, Robinhood, Coinbase, Gamestop, Felicis Ventures


Extra Crunch roundup: Metromile CEO interview, Oscar Health’s IPO plans, our 2-year anniversary, more

I’m very proud of the work we’re doing here at Extra Crunch, so it gives me great pleasure to announce that today is our second anniversary. Thanks to hard work from the entire TechCrunch team, authoritative guest contributors and a very engaged reader base, we’ve tripled our membership in the last 12 months. As Extra Crunch enters its third year, we’re putting our foot on the gas in 2021 so we can bring you more: Fresh analysis about today’s most dynamic tech industries. Surveys of top inves...
Tags: Startups, MetroMile, Lyft, Softbank, Tech, Preston, Venture Capital, WeWork, Bumble, Alex, TechStars, Bain Capital Ventures, Adtech, Anthony Ha, Pacifica, Eric Eldon


Extra Crunch roundup: 500 Startups’ demo day, smart SaaS pricing and much more

Demo days at startup accelerators are a pretty big deal around here. These events aren’t just a chance to review the latest cohort of hopeful entrepreneurs — they also showcase the technology, products and services that will compete for VC and consumer attention over the next few years. You never know where a hit will come from, which is why these events capture our attention. Here’s just one example from Y Combinator’s Summer 2013 Demo Day: Positioning itself as the “FedEx of today,” it hopes...
Tags: Startups, TC, Europe, Education, Okta, Tech, Best, Artificial Intelligence, SaaS, Venture Capital, Public, Alex, Robinhood, Lightspeed Venture Partners, Union Square Ventures, Databricks


Extra Crunch roundup: Edtech VC survey, 5 founder mistakes, fintech liquidity, more

Edtech is so widespread, we already need more consumer-friendly nomenclature to describe the products, services and tools it encompasses. I know someone who reads stories to their grandchildren on two continents via Zoom each weekend. Is that “edtech?” Similarly, many Netflix subscribers sought out online chess instructors after watching “The Queen’s Gambit,” but I doubt if they all ran searches for “remote learning” first. Edtech needs to reach beyond underfunded public school systems to beco...
Tags: Apple, Startups, TC, Cloud, Europe, New York, Hardware, Enterprise, Media, Education, Entrepreneurship, Boston, Africa, Tech, Netflix, Digital Media


Extra Crunch roundup: Digital health VC survey, edtech M&A, deep tech marketing, more

I had my first telehealth consultation last year, and there’s a high probability that you did, too. Since the pandemic began, consumer adoption of remote healthcare has increased 300%. Speaking as an unvaccinated urban dweller: I’d rather speak to a nurse or doctor via my laptop than try to remain physically distanced on a bus or hailed ride traveling to/from their office. Even after things return to (rolls eyes) normal, if I thought there was a reliable way to receive high-quality healthcare in...
Tags: Health, Startups, TC, Facebook, Asia, Europe, Enterprise, Education, Privacy, Developer, Washington, Finance, US, San Francisco, Tech, Diversity


Extra Crunch roundup: Antitrust jitters, SPAC odyssey, white-hot IPOs, more

Some time ago, I gave up on the idea of finding a thread that connects each story in the weekly Extra Crunch roundup; there are no unified theories of technology news. The stories that left the deepest impression were related to two news pegs that dominated the week — Visa and Plaid calling off their $5.3 billion acquisition agreement, and sizzling-hot IPOs for Affirm and Poshmark. Watching Plaid and Visa sing “Let’s Call The Whole Thing Off” in harmony after the U.S. Department of Justice filed...
Tags: Startups, TC, Ecommerce, Hardware, Enterprise, Finance, Digital, Billie, Tech, Cannabis, SaaS, Venture Capital, Private Equity, Harry, Olympus, Payments