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The Coming Zombie Startup Apocalypse

This is going to be BIG.

A few months after that, a company called UberCab got started. Those companies would have not only returned any fund that invested in them, but would likely return an entire career''s worth of investing over the course of several funds. Another way to look at it is to track how companies wound up leaving the NASDAQ Composite.

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I hate MVPs. So do your customers. Make it SLC instead.

A Smart Bear

And ultimately, what’s bad for customers is bad for the company. Examples include the first versions of WhatsApp, Snapchat, Stripe, Twilio, Twitter, and Slack. Some of those later expanded to add complexity (Snapchat, Stripe, Slack), whereas some kept it simple as a permanent value (Twitter, WhatsApp). But there are other ways.

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Investing in a More Inclusive Innovation Economy

Revolution

Ultimately, we were so impressed by the finalists’ pitches that Rise of the Rest invested in six of the companies. Rheaply has diverted tens of thousands of lbs of waste from landfills by enabling organizations of all stripes to create sharing economies through its technology solutions.

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What to make of Stripe’s possible $100B valuation

TechCrunch

Normally we’d discuss it, asking ourselves what its gains could mean for the lower tiers of private SaaS companies. Stripe would become the first or second most valuable startup in the world at those prices, depending on how you count. Stripe charges 2.9% Stripe charges 2.9% You can do fun math at this juncture.

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Finix goes head-to-head with Stripe

TechCrunch

We’ve all been keeping up with the recent drama of Stripe vs. Plaid. If things weren’t turbulent enough, another startup has very publicly emerged as a formidable competitor to Stripe: Finix. Finix announced that it was becoming a payments facilitator, in addition to enabling other companies to facilitate payments.

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Scaling In Lower Cost Locations

A VC: Musings of a VC in NYC

I checked them out with a few of our bay area portfolio companies and they were more or less corroborated. At the same time, we see a growing number of our portfolio companies succeeding with scaling engineering/technical teams in secondary labor markets in the US, as well as going outside of the US to build engineering locations.

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What’s Stripe’s deal?

TechCrunch

This will include everything from funding rounds to trends to an analysis of a particular space to hot takes on a particular company or phenomenon. Later that day, it also came to light that Stripe had reportedly approached investors about raising more capital — at least $2 billion — at a valuation of $55 billion to $60 billion.