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End-to-end operators are the next generation of consumer business

TechCrunch

Roger Lee is a general partner at Battery Ventures, based in Menlo Park, CA, who focuses on investments in software and consumer tech, including online marketplaces. How to communicate with your board in tough times. He focuses on consumer internet, online marketplace and software investments. More posts by this contributor.

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MakeSpace Raises an Additional $17.5 million and Unveils Strategy to Make Public Storage the Next Blockbuster Video

Both Sides of the Table

Incumbents became increasingly annoyed with our successes in the country’s largest market – NYC – that they started even taking out ads against us. It’s no wonder incumbents don’t want us to exist. Fragmented markets can be a great target for disruption. Public Storage does about $2.4 Little old us.

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Q3 outlook forecasts cloudy days ahead for fintech M&A

TechCrunch

Retail investment behemoth Robinhood laid off 23% of its staff — just 3 months after letting go of 9% of its workforce. For years, the real estate technology company has touted itself as using its pricing technology to provide “more accurate offers and lower costs,” said the FTC. Another day, another Q2 funding report.

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Fintech Roundup: Will financial technology startups dodge the venture slowdown?

TechCrunch

Startups like these are keeping the incumbents (relatively speaking) on their toes. And that’s been happening pretty clearly… Now, with that said, I think that there’s still a lot of appetite [for fintech] across the board. And instead of eight term sheets, you’re going to get two. Well, that’s it for this week!

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Polly snags $37M in Menlo-led Series B to automate workflows for mortgage lenders

TechCrunch

While it invested mostly on its product in 2021, it plans to put some of its new capital toward its go to market strategy while continuing to be “heads down focused on product.” That includes expanding its product and engineering teams and investing in AI and machine learning capabilities. .

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In its first funding in 7 years, profitable fintech Lower raises $100M Series A led by Accel

TechCrunch

“We were immediately intrigued because Ohio-based Lower echoes both of these themes,” said Accel partner John Locke, who led the firm’s investment in Lower and is taking a seat on the company’s board as part of the investment. Like Galileo, Lower will be one of the most successful bootstrapped fintech companies globally.

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Why I Quit My Job at Google to Work In Crypto

Entrepreneur's Handbook

Institutional Adoption Over the years, I maintained an active interest in crypto, continuing to invest in coins (some great, some garbage), and kept reading and learning more. Companies like Microstrategy were investing large portions of their treasuries in Bitcoin. In early 2021, Tesla also announced their own investment into Bitcoin.