Remove 2013 Remove culture Remove incumbents Remove venture capital
article thumbnail

So much fintech M&A

TechCrunch

Jason Furtado and Stephan Richter founded Boston-based Shoobx in 2013, according to Crunchbase. ” And this line was the classic motivation for all incumbents buying fintechs: “Why not just bring it in to our platform and get it to customers as quickly as possible?”. billion, had cut 10% of its staff.

article thumbnail

Quickly Unpacking Amazon’s Acquisition Of PillPack

Haystack

One analyst estimated $15b+ of incumbent market value was wiped out. PillPack raised a bit over $100M and, if the rumors are true, getting purchased for $1B (or close to it) for a company formed in 2013 is a fantastic outcome in a relatively short period of time.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Ed Zimmerman: The Growing Scarcity of Series B Venture Rounds

WSJ - The Accelerators

For instance, as I’ve previously written , “In 2011, only 28% of Europe’s venture-backed tech deals were seed stage… [but] in 2013 and 2014, roughly half of all European tech venture deals were seed stage.” So more of these companies march into the wide mouth of the funnel. Because the U.S.

article thumbnail

The Breakout Tech Company Of 2018

Haystack

As a little tradition on this blog, I’ve singled out companies starting in 2013 with Stripe ; there was Snap back in 2014; Slack in 2015; took a break in 2016, as I wasn’t inspired to select one then; and last year, 2017, was Coinbase. Here is the Google Doc where we tracked these.] Revenue acceleration is, too.

article thumbnail

Extra Crunch roundup: Fintech stays hot, Brex doubles, and startup IRR is up all over

TechCrunch

The data is based on a sample of 2,500 companies that have used AngelList to syndicate deals from 2013 through 2020. We dug into the how and why of its new investment and riffed on what going remote-first has done for the company, as well as its ability to attract culture-aligned and more diverse talent. Let’s dig in.

startup 78