Alex Wilhelm
We have good news for tech companies big and small this fine Wednesday morning: valuations are heading higher, though at a modest pace.
New public market data indicates that software stocks are rising to their highest points so far this year. And to make it sweeter, the underlying revenue...
Late last week, car rental marketplace Turo dropped an updated S-1 filing featuring its first-quarter results. TechCrunch+ previously covered the company’s full-year 2022 results, noting at the time that Turo was growing quickly while staying profitable, and was posting revenue totals that, when compared with its last known...
Hint, hint
How about we kick off the week with some good news?
This morning, American fast-casual restaurant chain Cava raised its IPO price range from $17-$19 per share to $19-$20 per share.
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If you want to score the largest possible early-stage valuation, what should your startup focus on? New data makes it clear that the seed and Series A markets are hardly equal when it comes to what venture capitalists are willing to pay for one category of startup over...
Consumer trading and investment app Robinhood is moving to restrict the holding and trading of certain major cryptocurrencies on its platform, barely a week after the U.S. Securities and Exchange Commission’s lawsuits against crypto exchanges Binance and Coinbase. The platform told Congress earlier this week that it was...
If you look past the financial headlines, what are today’s AI startups building?
News coverage of the AI boom has been hectic and mainly covered a few categories: Financial, big tech, concern and hype, and startup activity. The financial side is simple: Investors are working to put capital into...
The go-go days of software companies growing like crazy are now firmly behind us.
Data indicates that public software companies have added fewer sources of annual recurring revenue (ARR) in the first quarter of 2023 than they did a year earlier. In fact, that metric declined even more compared...
Even as the technology industry and investors wait for heavily venture-backed companies like Turo, Reddit and Instacart to go public, Cava is heading out and powering its own debut.
The company set an initial IPO price range this week, indicating what it may be worth once it’s public. This...
In case you were not allowed to stop working long enough to tune into Apple’s series of product announcements Monday, let me catch you up: The Cupertino-based technology company has a new device coming out called the Vision Pro. It’s an augmented reality headset that, while it looks...
There’s room for startups to cut their cloud costs, even if they have to balance the implicit costs of doing so, such as the time required and the potential for slower development. The question then becomes: How much of a priority is finding incremental savings for young tech...
