Inside GitLab’s IPO filing Cyber Security by Alex Wilhelm - September 17, 20210 While the technology and business world worked towards the weekend, developer operations (DevOps) firm GitLab filed to go public. Before we get into our time off, we need to pause, digest the company’s S-1 filing, and come to some early conclusions. GitLab competes with GitHub, which Microsoft purchased for $7.5 billion
Inside GitLab’s IPO filing Tech and Gaming Blog Technology by Alex Wilhelm - September 17, 20210 While the technology and business world worked towards the weekend, developer operations (DevOps) firm GitLab filed to go public. Before we get into our time off, we need to pause, digest the company’s S-1 filing, and come to some early conclusions. GitLab competes with GitHub, which Microsoft purchased for $7.5 billion
The Equity crew riffs on the Intuit-Mailchimp news Tech and Gaming Blog Technology by Alex Wilhelm - September 13, 20210 Hello and welcome back to Equity, TechCrunch’s venture-capital-focused podcast where we unpack the numbers behind the headlines. We are back! From this morning, I suppose. But the news cycle doesn’t wait for our publishing schedule, so the Equity crew got together to yammer all about the Intuit-Mailchimp acquisition. A $12 billion deal composed
Intuit confirms $12B deal to buy Mailchimp Tech and Gaming Blog Technology by Alex Wilhelm - September 13, 20210 This afternoon Intuit confirmed persistent rumors that it was in the process of buying MailChimp, detailing a $12 billion transaction that will bring the well-known email infra company to its corporate remit. Intuit is not a well-known player in the email marketing space. The company is instead best known for its
What to make of Freshworks’ first IPO price range Tech and Gaming Blog Technology by Alex Wilhelm - September 13, 20210 Two major private tech companies announced IPO price ranges this morning, with Toast targeting a market value of nearly $18 billion at the top end of its range and Freshworks looking to price its equity between $28 and $32 per share. TechCrunch calculates that the company would be worth around
Alpaca raises $50M to rapidly scale its API-delivered equities trading business Tech and Gaming Blog Technology by Alex Wilhelm - August 30, 20210 Alpaca said this morning that it has closed a massive $50 million Series B round of capital. TechCrunch previously covered the company’s late-2019 $6 million seed round and its late-2020 $10 million Series A. Alpaca offers equities trading software via API. The company initially allowed firms to plug into its technology, powering
Forbes jumps into hot media liquidity summer with a SPAC combo Tech and Gaming Blog Technology by Alex Wilhelm - August 27, 20210 What a busy week in the world of media liquidity. That’s a sentence you don’t get to write often. Regardless, news broke this week that Axel Springer is buying U.S. political journalism outfit POLITICO. The transaction was expected, but the eye-popping roughly $1 billion price tag still has tongues wagging. We
Politico sells, Forbes SPACs and Vice cuts Tech and Gaming Blog Technology by Alex Wilhelm - August 27, 20210 The Equity crew felt that there was enough media news out recently that we simply had no choice but to fire up a Twitter Space and have a chat. The above episode is a discussion of a few things, in a loose and relaxed manner, so don’t take any of
Why have the markets spurned public neoinsurance startups? Tech and Gaming Blog Technology by Alex Wilhelm - August 23, 20210 We’ve spent quite a lot of time of late wondering just what the heck is up with the valuations of insurtech startups that went public in the last year. Keep in mind that we’re discussing neoinsurance providers like MetroMile and Hippo, not insurtech marketplaces like Insurify or Zebra. There was a stream
Bird shows improving scooter economics, long march to profitability Tech and Gaming Blog Technology by Alex Wilhelm - August 21, 20210 Newly reported financial data from Bird, an American scooter sharing service, shows a company with an improving economic model and a multiyear path to profitability. However, that path is fraught unless a number of scenarios all work out in concert and without a glitch. Bird, well known for its early battles