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‘Insane’ — UK tech reacts to government moves that might hand UK startups contract to Barclays Bank

TechCrunch

Barclays had applied for the contract through its network of Eagle Labs incubators , some of which have physical locations, but most do not. We can’t hand the support to the tech ecosystem to an incumbent bank! Tech Nation has long been embedded in the U.K. tech startup scene. and abroad. We need to shout this into oblivion.

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Nelo joins the BNPL rush, with $20M in new funding and the Mexican market in its sights

TechCrunch

New investors include angels like Gokul Rajaram and Emilie Choi, founders and employees from Wealthsimple, Orum, Alloy, Chime, Square and funds/syndicates in addition to Primer Capital, Gaingels and Moving Capital. This captive consumer base is crucial to building the network that is Nelo.”. million since its 2019 inception.

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Identity management platform Saviynt secures $205M in debt, appoints new CEO

TechCrunch

Showing that there’s real investor enthusiasm for identity management platforms, Saviynt , which enables companies to secure apps, data and infrastructure in a single platform, today announced that it raised $205 million in debt from AB Private Credit Investors’ Tech Capital Solutions group. from last year’s $1.3

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The Breakout Tech Company Of 2018

Haystack

Had I begun this tradition earlier, for those wondering, it would’ve been Airbnb in 2012, and Uber in 2011.). venture capital deals, a spike in mega-financings where it’s common to see not only $100M private rounds, but companies that raise two or three types of financings like this in the same calendar year!

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A Rake Too Far: Optimal Platform Pricing Strategy

abovethecrowd.com

As an example, eBay’s 2011 marketplace revenues were approximately $6.6B A sustainable platform or marketplace is one where the value of being in the network clearly outshines the transactional costs charged for being in the network. against GMS of approximately $68.6B for a rake percentage of just under 10%.

strategy 101
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What the midterm madness means for startups

TechCrunch

The antitrust bills, if passed, could significantly restrict the ability of Amazon, Meta, Microsoft and other tech incumbents to acquire and punish rivals to boost their own products and services. lost its perfect AAA credit rating from Standard & Poor in August 2011, prompting the stock market to plunge more than 5%.

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