Alex Wilhelm
Shares of Coinbase, the American crypto trading giant, initially soared when it reported its Q4 2021 earnings today, but investors quickly sold off the spike bringing the stock price down as much as 9%, hovering just above an all-time low.
The company bested investor expectations in the trailing period....
Nu, the parent company of Nubank, reported its fourth-quarter financial performance, and in response to rapid revenue growth and improving economics, the company saw its value drop 9% in regular trading today after falling sharply in recent sessions. Now worth just $8 per share, Nu is underwater from...
Vendr, a startup that aims to help its customers buy software products faster and at a lower cost, announced this morning it has acquired Blissfully, a startup that builds SaaS management tooling.
Vendr raised a $60 million round led by Tiger last year, making it one of the high-growth...
News that Databricks crossed the $800 million annual recurring revenue (ARR) threshold last year was impressive, but more notable was its growth rate of greater than 80% during the same period. That’s a wild expansion pace for a company of Databricks’ size, and it backed up its CEO’s...
One way to survive a valuations trough is to grow like hell
Big-data analytics unicorn Databricks is back in the news, disclosing a new revenue figure and its 2021 growth rate. TechCrunch has been tracking the company for years, curious about its growth and what its rising worth said...
Today after the bell, home rental giant Airbnb reported its Q4 2021 performance. Its numbers detail a company that endured an awful start to the COVID-19 era, survived, and has come out the other end of demand disruption in perhaps better health than it entered.
The company’s profitability and...
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It’s a little hard to sit down and write up some jaunty notes on the current state of the technology startup...
The number of startups building buy now, pay later (BNPL) services is long. Just this year we’ve seen French BNPL startup Alma raise a $130 million equity round, BillEase raise $11 million for BNPL in the Philippines, Lipa Later raise $12 million for the same effort in Kenya,...
Tracking the influx of tech money into Formula 1, a racing series famous for its high costs and reputation-laundering for authoritarian governments, has been a fun game in recent years.
Tech concerns, flush with capital and power, have poured money into F1 teams and F1 branding because they can...
Today after the bell, Uber reported its fourth-quarter financial performance. The company saw $25.9 billion in gross platform spend, up 51% compared to its year-ago result, and revenues of $5.78 billion, up 83% compared to Q4 2020. The company also reported GAAP net income of $0.44 per share,...
