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Online grocery company Misfits Market to acquire Imperfect Foods

TechCrunch

Meanwhile, Imperfect Foods, founded in 2015 to rescue and redistribute goods, brought in a total of $229 million, including a $110 million Series D round last year. Indeed, both companies have similar financial and cultural synergies, Ramesh said, including a focus on eliminating food waste. In the U.S.

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Mapping The Haystack Portfolio Across The United States

Haystack

For me, as a seed investor, I started to feel this struggle back in 2015. Until then, the overwhelming majority of Haystack investments were in the Bay Area.

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So much fintech M&A

TechCrunch

A lot has changed in the markets since then, so this feels like a good outcome for the startup, which was founded by Paul Sawaya and Roger Lee in 2015. ” 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?”.

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The Uber that Never Was

This is going to be BIG.

Using the proliferation of newly GPS-enabled mobile devices to enable taxi hailing and beat out stagnant incumbent providers was always going to be a big win for consumers. There’s no reason why a culture needs to fall apart at the seams in a hypergrowth startup.

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Data-driven iteration helped China’s Genki Forest become a $6B beverage giant in 5 years

TechCrunch

China’s e-commerce and industrial ecosystem is as different from the Western world as its culture. Incumbent giants therefore could lose a sizable chunk of market share if a company could just manage to weave together China’s manufacturing proficiency and agility with the modern tech startup philosophy of “moving fast and breaking stuff.”.

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Ed Zimmerman: The Growing Scarcity of Series B Venture Rounds

WSJ - The Accelerators

For instance, in first quarter 2015, 55% of all American venture rounds were either seed or Series A, split almost evenly, while 19% of all rounds were Series B (the third round of financing), according to data from CB Insights. Remember the “buy low, sell high” advice they were supposed to teach you in business school?

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Monzo Makes Money Work For Everyone

Y Combinator

Monzo’s culture of customer obsession allowed it to use the crisis to thoughtfully build a beloved consumer and SMB product that has changed personal finance in the UK. When Monzo launched in 2015, the big six banks in the UK had more than 85% market share. Outperforming incumbents with modern experience and digital infrastructure.