Alex Wilhelm
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Welcome to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here.
Friends! Welcome to the weekend. I hope you are resting and recharging. Our work today is pretty relaxed,...
A series of negative signals about the value of technology companies, the stinging cost of slowing growth at tech concerns, and several ancillary signals from the more speculative regions of the tech market sum to a dramatically changed market.
It’s worth remembering just how wild the last two years...
Guide, a startup building HR software for job candidates, announced this morning that it has raised an $8 million seed round. First Round and Spero Ventures led the event, which also saw participation from a number of smaller investors.
Guide fits into a larger theme that TechCrunch is tracking...
It is TechCrunch tradition to look at Apple’s stock price during, and after its major events. Why? Because we enjoy it, and we’re always curious what impact the company’s news has on its actual financial worth. The answer is usually very, very little.
This may surprise you. After all, Apple...
Here at TechCrunch we keep tabs on the stock market.1 And the stock market has turned into an awful vomit-machine lately, puking up last year’s gains onto its own shirt, and, by extension, the larger technology market and startup-land.
Not that this should be news per se; if you...
The tech world has been a touch busy in the last few days, so you will forgive me for missing that Klarna dropped its 2021 financial results last week. We’re remedying that oversight today.
Klarna is an interesting company. It’s incredibly well-funded, richly valued, and, despite remaining a private company,...
This is all very funny, unless you bought into the hype
The SPAC boom is behind us. The effort to leverage blank-check companies to take private companies public failed to clear the unicorn backlog, and a great number of combinations have lost value.
Examples abound. Latch is now worth around...
Nextdoor beats expectations in first earnings report since going public last year – TechCrunch
Alex Wilhelm - 0
Today after the bell, locally focused social network Nextdoor reported its fourth-quarter earnings. The company combined with a SPAC last November, making today its first quarterly report since going public.
In good news for both Nextdoor investors and the general SPAC market, the company managed to best revenue expectations,...
Welcome to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here.
Hello and happy Saturday! Today we’re taking on two topics. The first fits neatly into our usual coverage...
No one knows what anything is worth, software edition
Coinbase utterly crushed its most recent quarter. Its results came in far ahead of street expectations, with the U.S. crypto exchange posting net revenues of $2.49 billion, net income of $840 million and adjusted EBITDA of $1.21 billion. In comparative...