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Serial fintech founder raises $20M for Ant Money to make micro-investing even more accessible

TechCrunch

Serial fintech entrepreneur Walter Cruttenden founded Acorns with his son, Jeff, in 2012 with the goal of helping low- and middle-income households invest and save responsibly. I think that’s a really big differentiator for us from our competitors.”. Interestingly, the company’s revenue model is a mix of adtech and fintech.

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HackerRank, a platform for recruiters to test coders and coders to hone their skills, raises $60M at a $500M valuation

TechCrunch

Tapping into a surge of remote hiring and employment that themselves were ushered in by the COVID-19 pandemic and social distancing measures, HackerRank now counts 2,800 customers — including 25% of some of the biggest companies in the world (from the Fortune 100) — and 18 million developers.

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Acorns squirrels away $300M Series F after scrapping SPAC, now worth nearly $2B

TechCrunch

Acorns’ SPAC listing depicts a consumer fintech business with a SaaSy revenue mix. So at the moment of decision-making we’re bringing together educational content and product in the same place.”. The company also plans to continue building products that allow parents and their kids “to save and invest, and get educated together.”

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Free Money for Student Tech Founders

David Teten VC

We use Asana at Versatile VC for managing tasks and projects with other collaborators in our teams. This program provides $1,000 in AWS Cloud credits, $350 in Developer Support credits, and other guidance. The GitHub Student Developer Pack offers more than $200k in developer tools/training for student entrepreneurs or any students.

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Data obscures positive trends in VC dollars reaching women-founded startups

TechCrunch

In my view, the correct statistic is about 18%, not 2% — as we should take into account deals that had mixed-gender founding teams. To put the number in context, women-founded companies have accounted for around 24% of annual first-financing deals that we know had mixed-gender teams since 2017. The rest is noise.

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Making sense of Klarna

TechCrunch

In contrast to America, he points out how Sweden is among the most successful societies in the world from a social mobility perspective — referencing its free education and free health care, which sets up as many people as possible for success. “We didn’t have a lot of money,” he tells me. Siemiatkowski left undeterred.

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Making sense of Klarna

TechCrunch

In contrast to America, he points out how Sweden is among the most successful societies in the world from a social mobility perspective — referencing its free education and free health care, which sets up as many people as possible for success. “We didn’t have a lot of money,” he tells me. Siemiatkowski left undeterred.