article thumbnail

Payments company Paystone raises $23.8M to help service-based businesses engage with customers

TechCrunch

The Canada-based company got its start in 2008 as the payment processing company Zomaron, and rebranded itself as Paystone in 2019. million in a mix of debt and equity. Paystone , a payments and integrated software company, secured another strategic investment this year, this time $23.8 It raised $54.9

article thumbnail

Daily Crunch: Months after rejecting a $17B bid, Zendesk sells to private equity group for $10.2B

TechCrunch

That’s what happened this week with Ro , which laid off 18% of its full-time workforce to “manage expenses, increase the efficiency of [its] organization, and better map our resources to [its] current strategy.” Reactions have been mixed, Jacquelyn reports.

health 102
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Doom Loop

Entrepreneur's Handbook

The inflation is entrenched because a large number of jobs are now being done from home, and the wealthy computer desk jockeys working these jobs now require a different mix of goods. It is trivially easy to spot a policy that uses confidence intervals rather than outcomes at the extreme. More users, more owners, token number go up?—?wash,

energy 134
article thumbnail

This Week in Venture Capital – Episode 4

Both Sides of the Table

It has proven a very successful strategy to get consumers to activate the payment on their mobile phone bill. I don’t think my unwillingness to use it is generational (as in I’m 42 and don’t “get it&# ) – I think it’s a life stage issue. Add this new model to the mix. 13mm in Series B.

article thumbnail

Keep It Under Your Hat: Valuation Caps and the $650 Million Sale of MySpace for $125 Million

Gust

Rather than reinvent the wheel, I would point readers to Martin Kleppmann’s useful blog post with graphs illustrating the effects of a valuation cap on entrepreneurs, seed investors and later-round (typically VC) investors. The cap is irrelevant if the next equity financing is at a valuation below the cap amount.)

article thumbnail

Micromax, smartphone sales stalled, eyes a steer into electric vehicles

TechCrunch

But a mix of stronger (and cheaper) competition, coupled with the rapid pace of technology development and the ongoing market slowdown , have left it spinning. And basic searches on the Micromax brand on Google from 2008 — its first year in mobile — lay bare the general decline in chatter about the company.

article thumbnail

SonarSource raises $412M to scan codebases for bugs and vulnerabilities

TechCrunch

An alarming report from Veracode and Enterprise Strategy Group found that nearly half of organizations knowingly ship vulnerable code despite using cybersecurity tools, often to meet release deadlines. ” SonarSource was incorporated in 2008, and one of its first products was the open source program SonarQube.

mix-use 91