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Leaders of global corporations are under intense pressure to grow their valuation by hitting aggressive revenue, margin, and EBITDA targets. Acquirers pay a valuation premium on recurring, high-margin, and high-growth product revenue. However, the metrics most companies use (ROI) fail to capture the impact on valuation, causing leaders to make choices that slow their valuation growth.
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To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. It’s Thursday, May 12, so Happy Friday Eve. Congrats to the “GoogleCrunch” team, which wrote something like 28 stories yesterday to cover Google I/O. You can catch all of the Googliness here. Haje is enjoying a couple of days off, and I fear you will now know who the funny one is.
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Bubbles , a startup that pitches its platform as the “anti-Zoom” for video messaging, today announced that it closed an $8.5 million funding round led by Khosla Ventures, Craft Ventures, Streamlined Ventures, 468 Ventures and Bain Capital. Co-founder and CEO Tom Medema said the money will be used to further develop Bubbles’ platform while ramping up the company’s customer acquisition efforts. .
Bubbles , a startup that pitches its platform as the “anti-Zoom” for video messaging, today announced that it closed an $8.5 million funding round led by Khosla Ventures, Craft Ventures, Streamlined Ventures, 468 Ventures and Bain Capital. Co-founder and CEO Tom Medema said the money will be used to further develop Bubbles’ platform while ramping up the company’s customer acquisition efforts. .
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