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Extra Crunch roundup: finding GTM, China’s edtech clampdown and how to define growth

TechCrunch

“You have to consider three metrics: gross churn rate, the magic number and gross margin ,” says Tae Hea Nahm, co-founder and managing director of Storm Ventures. “I firmly believe that every founder should try their hand at growth,” said Su. Thanks very much for reading Extra Crunch this week!

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Announcing the agenda for TechCrunch Sessions: Mobility 2022

TechCrunch

TC Sessions: Mobility is back, and this year we are bringing together the best and brightest founders, investors, engineers and experts on the future of transportation for a two-day, in-person event May 18 and May 19 in San Mateo, California. How to Unlock Profits in Micromobility. How to Land Early-Stage Funding.

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Zoomo raises $12 million to expand e-bike subscription offerings

TechCrunch

We initially built our products to service the demands of gig workers in the food delivery industry,” Mina Nada, Zoomo CEO and co-founder, said in a statement. It’s a tall order, and Zoomo’s strategy could be leading a new trend in micromobility of being a one-stop shop that promises quick scalability.

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Announcing the agenda for TechCrunch Sessions: Mobility 2022

TechCrunch

TC Sessions: Mobility is back, and this year we are bringing together the best and brightest founders, investors, engineers and experts on the future of transportation for a two-day, in-person event May 18 and May 19 in San Mateo, California. How to Unlock Profits in Micromobility. How to Land Early-Stage Funding.

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Announcing the agenda for TechCrunch Sessions: Mobility 2022

TechCrunch

TC Sessions: Mobility is back, and this year we are bringing together the best and brightest founders, investors, engineers and experts on the future of transportation for a two-day, in-person event May 18 and May 19 in San Mateo, California. How to Unlock Profits in Micromobility. How to Land Early-Stage Funding.

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Daily Crunch: Lookout sells consumer security segment for $223M to become ‘pure-play enterprise company’ 

TechCrunch

Startups and VC Greycroft, the self-styled “seed-to-growth” venture capital firm, today announced the closing of over $1 billion in capital commitments across new funds, Kyle reports. TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. Jagmeet has more. Big Tech Inc.

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Veo CEO Candice Xie has a plan for building a sustainable scooter company, and it’s working

TechCrunch

Companies like electric scooter providers Lime and Bird have raised tons of capital to change how the urban population gets around, but that growth has come at the cost of a bottom line still in the red. I think because of the VC money and also the hype in the industry, a lot of people just forget how easy and simple the business should be.