Posts filtered by tags: Unicorns[x]


 

Will fintech unicorn Flywire’s proposed IPO reach escape velocity?

It’s a big morning for fintech startups today: Flywire, a Boston-based magnet for venture capital, has filed to go public. Flywire is a global payments company that attracted more than $300 million as a startup, according to Crunchbase, most recently raising a $60 million Series F last month. We don’t have its most recent valuation, but PitchBook data indicates that the company’s February 2020, $120 million round valued Flywire at $1 billion on a post-money basis. So what we’re looking at here i...
Tags: Fundings & Exits, Startups, Finance, Ipo, Boston, Tech, Paypal, Goldman Sachs, Stripe, Fintech, Unicorns, Adyen, Bain Capital Ventures, PitchBook, Flywire, The Exchange


Israeli startup Landscape Maps (Updated April 2021)

Readers of VC Cafe know that I collect and curate Israeli startup landscape maps. You can find previous editions in the achives. July 2020, May 2019. This latest batch includes new maps for Insurance tech, Industry 4.0, Deep Tech, Passion Tech and Proptech, as well as updated landscapes for cyber security tech and retail tech. Hope you find it as interesting as I do. InsurTech Israel has already produced three Insurance Tech Unicorns including Lemonade, Hippo Insurance and Next Insuranc...
Tags: Israel, Trends, Unicorns, Eze Vidra, Insurtech, CyberTech, Deel, Deep Tech, PROPtech, Industry 4.0, Glilot Capital Partners, Startup Maps, Startup Nation Central, Retail Tech, ConTech, Startup Landscapes


Narwhal Tusks Show How Climate Change and Pollution Are Reshaping the Arctic

There’s no question that we’re messing up the oceans big time. But shocking new research shows the world’s addiction to fossil fuels is changing the bodies of big ocean predators like narwhals. A study published this month in Current Biology uses narwhal tusks to examine how the animals store mercury over time,…Read more...
Tags: Science, Environment, Sea, Arctic, Unicorns, Mercury, Tusk, Whale, Mammals, Physical Sciences, Narwhal, Branches Of Biology, Disaster Accident, Monodontidae, Jean Pierre Desforges


A free short story about anarchist unicorns dealing with opioids, immigration, and the Bible

A few years ago, my Clarion classmates and I were joking around about the tendency of "-punk" suffixes as a weird genre descriptor that, while useful, has nothing to do with punk. Someone tossed out the idea of "unicornpunk," and I quickly whipped this opening paragraph as an example of the genre: Glitterpiss had passed out in the back of a dilapidated rickshaw with a pair of shit-stained boxer briefs hanging off her rainbow horn. — Read the rest
Tags: Post, News, Fiction, The Bible, Short Stories, Unicorns, Short Fiction, Unicorn, Anarchists, Anarchism, Christian Anarchism, Bible Stories For Grownups, Glitterpiss, Sparklefuck, Unicornpunk


JOIN US FEB 3: Execs from Goldman Sachs, Lead Edge Capital, and Latham & Watkins reveal what's on tap for the red-hot IPO market in 2021

Lyft CEO Logan Green (center) and President John Zimmer (left of center) celebrate the company's IPO in 2019. Mario Tama/Getty Images You can register here if you're a Business Insider subscriber for our event on February 3 at 2:30 PM ET. Visit Insider's homepage for more stories. The market for initial public offerings was red-hot in 2020 and it shows no signs of slowing down in the first few weeks of 2021. Already buy-now-pay-later company Affirm tapped the public markets, and gaming...
Tags: Startups, Finance, US, Trends, Alibaba, SEC, IPO market, Unicorns, Webinar, Logan Green, John Zimmer, Latham, Watkins, Mario Tama Getty, Latham Watkins LLP, Tech Insider


8 digital health unicorns to watch in 2021

Welcome to Business Insider's daily healthcare newsletter, your daily dose of pharma, biotech, and healthcare news. Subscribe here to get this newsletter in your inbox every weekday. Hollis Johnson/Business Insider Hello,Two Democrats have won their Senate races in Georgia, giving the party control of the Senate. That means Democrats will have full control of the legislative branch when Joe Biden takes office.Our politics team has a great breakdown of what that means for key issues on Bi...
Tags: Amazon, New York, California, Senate, Trends, Georgia, Joe Biden, New York Times, Healthcare, Astrazeneca, Vaccine, Biden, Unicorns, Alexa, Digital Health, Eugene Kim


I'm a VC who previously helped launch and run multiple businesses within Google. Here are 5 leadership lessons for founders who want to scale their startup successfully.

Smart, balanced leadership is key for taking a startup to the next level. Thomas Barwick/Getty New startups are launched every day, but few of them become truly successful multibillion-dollar companies or enduring franchises. Laela Sturdy, a general partner at Alphabet's growth fund CapitalG and former managing director of emerging businesses at Google, says smart leadership is key when it comes to whether a startup will succeed or fail. Sturdy says new founders should spread out recruitin...
Tags: Google, Startups, Leadership, Entrepreneur, Trends, Tech, Best, Customer, Unicorns, VCs, Alphabet, Onboarding, Google Here, Nordic, Don, Luis Von Ahn


The Israeli Unicorn Landscape

The Israeli tech ecosystem has made its mark globally since its early days somewhere in the 1990s. With $8.3 billion raised in 2019 and $9.9 billion in exits in 2019 alone, Israel punches above its weight. The stats about Israel’s tech ecosystem have become part of its Startup Nation Mantra – Israel boasts the highest number of startups per capita (6587 companies according to SNC), the highest VC dollars per capita, the % of GDP spent on R&D is only second to Korea, it has over 350 multi nat...
Tags: Google, New York, Israel, US, Trends, Intel, Korea, Sandisk, Waze, Unicorns, Aileen Lee, Unicorn, Jfrog, Lucent, PitchBook, US Israel


Airtable’s Howie Liu has no interest in exiting, even as the company’s valuation soars

In the middle of a pandemic, Airtable, the low-code startup, has actually had an excellent year. Just the other day, the company announced it had raised $185 million on a whopping $2.585 billion valuation. It also announced some new features that take it from the realm of pure no-code and deeper into low-code territory, which allows users to extend the product in new ways. Airtable CEO and co-founder Howie Liu was a guest today at TechCrunch Disrupt, where he was interviewed by TechCrunch New...
Tags: Startups, TC, Enterprise, Developer, Tech, Unicorns, Techcrunch Disrupt, Liu, Airtable, Howie Liu, No Code Development, Frederic Lardinois Liu


Use this to generate one-of-a-kind unicorn avatars

Computer generated unicorns on demand, from @balpha. URL format: https://unicornify.pictures/avatar/$HASH?s=$SIZE$HASH is any hexadecimal number, up to 64 digits.$SIZE is the requested image size in pixels. It should be a power of 2 between 32 and 128 (inclusive).Example: https://unicornify.pictures/avatar/7daf6c79d4802916d83f6266e24850af?s=32If you want bigger and/or higher-quality images, the avatar generation code (including a command-line app) is at https://bitbucket.org/balpha/go-unicorn...
Tags: Post, News, Unicorns


Qumulo scores $125M Series E on $1.2B valuation as storage biz accelerates

Qumulo, a Seattle storage startup helping companies store vast amounts of data, announced a $125 million Series E investment today on a $1.2 billion valuation. BlackRock led the round with help from Highland Capital Partners, Madrona Venture Group, Kleiner Perkins and new investor Amity Ventures. The company reports it has now raised $351 million. CEO Bill Richter says the valuation is more than 2x its most recent round, a $93 million Series D in 2018. While the valuation puts his company in ...
Tags: Startups, TC, Storage, Enterprise, Funding, Tech, Seattle, Unicorns, Blackrock, Richter, Hybrid Cloud, Qumulo, Bill Richter, Seattle Startups, Amity Ventures The company, Stealthy Seattle Storage Startup


Amidst Robinhood’s planned service changes, a tension between growth and safety

Robinhood’s growth as an ultra low-cost way to invest has shaken up fintech. Fueled by hundreds of millions of external cash, the no-fee trading platform has forced domestic competitors to slash their fees, spawned international competition, and, in the eyes of some, helped propel the recent equities boom. The company’s success in driving growth has led to surging revenues. As The Block recently reported, some Robinhood filings (here and here) show that the company earned “nearly $100 million...
Tags: Startups, TC, Finance, Tech, Trading, Robinhood, Fintech, Unicorns, Options, Investopedia, Market Analysis, The Exchange, Extra Crunch


Beware mega-unicorn paper valuations

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. There’s a famous old post going around Twitter this week by entrepreneur and developer David Heinemeier Hansson (@DHH). DHH is a critic of certain elements of the startup world, especially wild valuations. This entry from him is, in my view, a classic of the genre. The post in question is titled “Facebook is not worth $33,000,000,000,” and was written back in 2010. You can alrea...
Tags: Fundings & Exits, Startups, TC, Facebook, Uber, Twitter, Softbank, Funding, Tech, Fundraising, Venture Capital, Private Equity, Airbnb, Toyota, WeWork, Unicorns


The great unicorn retreat

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re taking stock of what’s happening to a number of unicorns, both public and private. This is the third time we’ve sat down to document what feels like a wave of unicorn cuts, capped in this case by Airbnb’s decision to cut around a quarter of its global staff (25.3%, according to provided numbers). Airbnb’s cuts follow recent excisions at Lime, Oyo, and others. Nota...
Tags: Fundings & Exits, Startups, TC, Lyft, Uber, Pinterest, Softbank, Tech, Bird, Airbnb, WeWork, Getaround, Magic Leap, Unicorns, TechCrunch, Gocardless


Thoughts On The Pandemic

As we rebuild our foundation, we must carefully select what we grow and have patience as the seeds are sewn.
Tags: Law, Health and Wellness, Unicorns, In-House Counsel, Sarah Feingold


VAST Data lands $100M Series C on $1.2B valuation to turn storage on its head

VAST Data, a startup that has come up with a cost-effective way to deliver flash storage, announced a $100 million Series C investment today on a $1.2 billion valuation, both unusually big numbers for an enterprise startup in Series C territory. Next47, the investment arm of Siemens, led the round with participation from existing investors 83North, Commonfund Capital, Dell Technologies Capital, Goldman Sachs, Greenfield Partners, Mellanox Capital and Norwest Venture Partners. Today’s investme...
Tags: Startups, TC, Hardware, Storage, Enterprise, Funding, Tech, Intel, Siemens, Unicorns, Zebra, Flash Storage, Hallak, Next47, VAST Data, Norwest Venture Partners Today


$100M rounds are down but not out in 2020

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. This morning we’re taking a look at mega-rounds: funding events of $100 million or more. What’s fun about these rounds is that they experience less temporal lag than other venture financings. Generally speaking, the larger a venture round is, the faster it becomes public knowledge. This is why seed rounds are the laggiest of all startup rounds and as you progress up the Series l...
Tags: Fundings & Exits, Startups, TC, China, Tech, Fundraising, SaaS, Venture Capital, Unicorns, 100 Million, Extra Crunch


As Uber and Lyft continue to melt, the 2019 unicorn class loses its shine

You’d be excused for feeling that mid-2019 was in a different decade as far as venture-backed IPOs go. Last year saw a number of successful flotations of venture-backed technology and technology-enabled companies, and most performed well after they began trading. But despite some early success, a number of the most famous 2019 IPOs have seen their valuations decline rapidly in ensuing quarters. In some cases, once richly valued public unicorns are off more than , have given up all their gains e...
Tags: Fundings & Exits, Startups, TC, Lyft, Uber, Tech, 2020, Fundraising, SaaS, Stock Market, Unicorns, Slack, Crowdstrike, Extra Crunch


Have hundreds of unicorns missed their exit window as Q1 IPOs grind to a halt?

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. As investors struggle to price the stock market as economic and political news continues to break, the private market is entering a rough period. It seems increasingly likely that the period of disruption due to COVID-19 will persist for months, if not quarters. That means missed Q1 and Q2 revenue growth, bookings, and the like from startups domestically and around the world. An...
Tags: Fundings & Exits, Startups, TC, Ipo, Liquidity, Tech, SaaS, Unicorns, Growth, Extra Crunch, Coronavirus, COVID-19


The rise of the winged pink unicorn

Claire Diaz-Ortiz Contributor Share on Twitter Claire Diaz-Ortiz is an angel investor and bestselling author of nine books that have been published in more than a dozen countries. An early employee at Twitter, she was called “The Woman Who Got the Pope on Twitter” by Wired and holds an MBA and other degrees from Stanford and Oxford. More posts by this contributor Latin America takes the global lead in VC directed ...
Tags: Startups, Column, Europe, Usa, Stanford, Africa, Tech, Diversity, Venture Capital, Brazil, Silicon Valley, Unicorns, Latin America, Caribbean, Walk, Kaszek Ventures


Unicorns launching funds

According to the 2019 Annual European Venture Report by PitchBook, European startups raised €32.4 billion in 2019 (despite a lower deal count). Out of which, CVC participation grew to €14.7 billion, a substantial 52.6% YoY increase. Corporate venture capital (CVC) represented 45% of the total capital raised. The rise of CVC volume is well documented (see post on VC Cafe), but what’s less discussed is funds started by mature startups or “new corporates”. These are funds launched by venture bac...
Tags: Okta, Navy, Softbank, Trends, Romania, Silicon Valley, Harry, Airbnb, WeWork, Andreessen Horowitz, Bumble, Stripe, CVC, Unicorns, Jones, Shopify


Startup venture and alumni funds

According to the 2019 Annual European Venture Report by PitchBook, European startups raised €32.4 billion in 2019 (despite a lower deal count). Out of which, CVC participation grew to €14.7 billion, a substantial 52.6% YoY increase. Corporate venture capital (CVC) represented 45% of the total capital raised. The rise of CVC volume is well documented (see post on VC Cafe), but what’s less discussed is funds started by mature startups or “new corporates”. These are funds launched by venture bac...
Tags: Okta, Navy, Softbank, Trends, Romania, Silicon Valley, Harry, Airbnb, WeWork, Andreessen Horowitz, Bumble, Stripe, CVC, Unicorns, Jones, Shopify


Netskope hauls in another $340M investment on nearly $3B valuation

Netskope has always focused its particular flavor of security on the cloud, and as more workloads have moved there, it has certainly worked in its favor. Today the company announced a $340 million investment on a valuation of nearly $3 billion. Sequoia Capital Global Equities led the round, but in a round this large, there were a bunch of others participating firms including new investors Canada Pension Plan Investment Board and PSP Investments, along with existing investors Lightspeed Venture P...
Tags: Security, TC, Cloud, Enterprise, Funding, Tech, Unicorns, Cloud Security, Accel, Netskope, Crunchbase, Canada Pension Plan Investment Board, Beri, PSP Investments, Sanjay Beri, Sequoia Lightspeed


Lyft confirms 90 layoffs as it targets profitability

Shares of popular American ride-hailing giant Lyft are off 1.5% today in regular trading after The New York Times reported that the company would cut some staff. TechCrunch confirmed with the company that 90 individuals are expected to be impacted by the changes. The company’s shares dipped as far as 3% before recovering. In a statement, the company said that it has “carefully evaluated the resources we need to achieve our 2020 business goals, and the restructuring of some of our teams reflec...
Tags: TC, Transportation, Lyft, Uber, Layoffs, Tech, New York Times, Getaround, Profits, Unicorns, Ride Hailing, Lime, EBITDA, GAAP, Personnel


Unicorn skull rainbow tee shirt

As soon as I saw it in my alert feed for weird and/or unpleasant unicorn-themed merchandise, I knew I have to have this very weird and/or unpleasant shirt from Amazon. armholes allow for freedom of movement Unicorn Skull Rainbow Tee [Amazon]
Tags: Amazon, Post, News, Unicorns, Attire, Unicorn Skull Rainbow Tee -LSB- Amazon


Three takeaways from the 2019 venture capital market

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re digging into the Q4 venture capital market — specifically unpacking three pieces of data that stood out as we read the Crunchbase News Q4 global report — and Pitchbook and NVCA’s comparative, U.S.-focused Q4 data dive. As always, each contains a wealth of charts and numbers, so if you have a specific question, happy hunting. Our exercise today is to cut through the d...
Tags: Fundings & Exits, TC, Tech, WeWork, Unicorns, NVCA, PitchBook, Crunchbase News


One Quote That Every Entrepreneur Must Embrace

The focus on being a billon-dollar unicorn distracts us from an even more important kind of value that companies of every size need to embrace. We live in the age of the unicorn; startups that seem to leap to billion dollar valuations overnight. It’s a wonderful time to be an entrepreneur. The upside has never ...
Tags: Quotes, Leadership, Entrepreneurship, Innovation, Unicorns, Unicorn Club


Casper’s IPO could be a bellwether for unprofitable startups in the post-WeWork era

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re working to figure something out, namely the tradeoffs that D2C unicorn (and soon to be public company) Casper faces as it seeks to balance growth and profitability. And then we’re going to stack it next to its most obvious public comp, Purple, to figure out what it might be worth. This is going to be a little more wonky than usual, but I can’t help myself. Let’s go. ...
Tags: Fundings & Exits, Startups, TC, Ipo, Tech, Casper, Unicorns, Purple, WeWork IPO, Growth Every


Unicork, a unicorn cockscrew

The Unicork [Amazon] is a corkscrew in the shape of a unicorn, its body the handle and its horn the screw. Customer reviews are superlative. "I was impressed by the general heft of the unicorn, and it pulled my cork as I might expect," writes Max Kucinich. "I especially appreciated the prancing posture of the animal, as it allowed me to take a strong grip when pulling." "I was shocked at how heavy it wasm" writes Michael. "...It also works well on beer bottles" "The iPhone of bottle openers," ad...
Tags: Post, News, Unicorns, Michael, Max Kucinich