Podcasts about series g

Play Episode Listen Later Dec 22, 2023 9:17

00:09 | Revolut £1.5b 2023 revenue- £1.5b 2023 revenue, +76% vs £850m 2022 revenue- 300,000 new users weekly- 40 million total customers globally- $14.9b secondary market valuation, -55% from $33b primary round in Jul 202101:13 | $20b Adobe+Figma deal off- European/UK regulators suggested significant remedies that were rejected by Adobe- Adobe to pay Figma $1.0b breakup fee- Tbd on Figma's currently valuation; Canva, a competitor, is at $25.3b down 37% from its last primary round in Sep 2021- Figma's last primary round was Jun 2021 at a $10b valuation02:23 | ByteDance $110b 2023 revenue- $80b 2022 revenue- 2023 revenue is 30% increase vs 2022- $25b in 2022 EBITDA; +79% vs prior year- currently closing a $5b share buyback at a $268b valuation03:32 | Anthropic raise at $18b valuation - Raising $750m- Menlo Ventures led- Google has committed $2.0b, Amazon committed $4.0b04:22 | Stripe revenue up 35%- $1.0b in Q3 2023 revenue, +35% vs prior period- $150m in Q3 2023 operating income- Stripe has been ringing in expenses; reducing spending on engineers and salespersons and laying of 14% of staff- $50.7b current secondary market valuation05:37 | Flexport plans 3x 2024 revenue- $330m in 2024 net revenue forecasted- 2024 forecast is 3x 2023 net revenue of $100m- $500m of operating expense reduction planned in 2024, 20% of staff let go in Oct 2023- $2.1b implied secondary market valuation, -73% from last primary round in Mar 202206:47 | Big capital raises- SumUp (sumup.com) | $307m Series G, $8.6b valuation- Hikstor Technology (hikstor.com) | $168m Series B, $869m valuation- Tome Biosciences (tome.bio) | $118m Series B, $418m valuation- Parse Biosciences (parsebiosciences.com) | $50m Series C, $220m valuation- Synnovation Therapeutics (synnovationtx.com) | $70m Series A, $200m valuation07:55 | Pre-IPO +0.01% for week- Week winners: SpaceX +6.26%, Neuralink +6.03%, Deel +5.34%, Anduril +3.38%, Klarna +2.17%- Week losers: Anthropic -8.88%, Discord -8.65%, Epic Games -8.08%, Notion -2.32%, Hugging Face -2.21%- Top valuations: ByteDance $195b, SpaceX $168b, OpenAI $71b, Stripe $51b, Databricks $48b lead in current valuation

E79: $32b Shein 2023 revenue, 50% Canva YoY revenue growth rate, KISS avatar show coming soon, Freedom of speech and pre-IPO stocks | Pre-IPO Stock Podcast – Dec 4, 2023 | Clint Sorenson, Nick Fusco, Aaron Dillon

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Play Episode Listen Later Dec 6, 2023 31:27

00:18 | Freedom of speech and pre-IPO stocks- Freedom of speech is the hot topic on social media and its impact on pre-IPO companies like ByteDance's Tiktok and X- Advertisers are a primary source of revenue for social media shops- Tiktok is moving into commerce, X is moving to subscription model and AI … a desire to migrate away from advertiser driven revenue model07:36 | $32b Shein 2023 revenue - Shein looking to IPO in 2024- Headquartered in Singapore (developed market), operations in China, 100% of customers outside of China, listing in- $32b 2023 revenue run rate, +41% from 2022 building on a 45% year over year increase 2022 vs 2021- $66b valuation as of May 2023 Series G; Sequoia Capital, General Atlantic, Mubadala invested- Goldman Sachs, JPMorgan, Morgan Stanley are lead underwriters for IPO15:03 | 50% Canva YoY revenue growth rate- Canva is a graphic design + AI solution to help the layperson become a marketing expert- Canva currently doing a tender, preparing for an IPO - $25 billion current valuation- $2 billion annualized revenue, 50% growth YoY rate, positive cash flow 21:23 | KISS avatar show coming soon- George Lucas's Industrial Light & Magic is creating a KISS avatar show- ABBA has done avatar concerts and makes $2m per week

Friendship 2024 Mix Series: G-REX

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Play Episode Listen Later Dec 5, 2023 30:09

FS2024 MIX SERIES: 002 G-REX - @grexbeatz thefriendship.com

E78: Shein IPO!, Canva IPO!, Anthropic +42% in 2ndary market, $323m for Neuralink | Pre-IPO Stock Market Update – Dec 1, 2023

Play Episode Listen Later Dec 1, 2023 8:33

00:08 | Shein files for US IPO- $32b 2023 revenue run rate, +41% from 2022 … following a 45% year over year increase 2022 vs 2021- $66b as of May 2023 Series G; Sequoia Capital, General Atlantic, Mubadala invested- Goldman Sachs, JPMorgan, Morgan Stanley are lead underwriters for IPO01:41 | Neuralink raises $323m- Neuralink offers brain-computer interface solutions to help people paralysis, neurodegenerative diseases, or simple connect their brain to the internet- $43m additional capital raised last week to finalize a $323m Series D- $3.5b valuation for this Series D, 66% increase from prior round03:05 | Canva to IPO in 2025- Canva provides graphic design tools, infused with AI, to make the layperson a graphic design/marketing savant- $2.0b in annualized revenue, 50% yearly growth rate, positive cash flow- Tender sale happening now, tbd on valuation- $25b secondary market valution04:21 | CEO Zhao out at Binance- US Treasury Dept fines Binance after violations of Bank Secrecy Act (i.e. bad AML controls); $4.3b for firm, $50m for CEO- Changpeng Zhao, Binance CEO, is out and Richard Teng, Binance head of regional markets, is new CEO05:19 | Anthropic up +42.5% this week- Anthropic is an OpenAI ChatGPT competitor- +42% in the secondary market last week as a result of the OpenAI board/CEO snafu- $40b secondary market valuation, +61% from Oct 2023 round at $25b just 1 month ago05:50 | Big capital raises- Envision AESC (aesc-group.com) | $1.5b Series C, $10.0b valuation- Neuralink (neuralink.com) | $323m Series D, $3.5b valuation- AI21 Labs (ai21.com) | $208m Series C, $1.4b valuation- BioCatch (biocatch.com) | $70m Series D, $1.1b valuation- Rokid Technology (global.rokid.com) | $112m Series I, $1.0b valuation07:24 | Pre-IPO +1.14% for week* NOTE: Neuralink's Nov 22, 2023 primary round valuation at $3.52b now included in the analysis below- Week winners: Anthropic +42.49%, Neuralink +5.65%, Klarna +3.17%, Databricks +1.64%, SpaceX +1.42%- Week losers: Ramp -7.17%, Rippling -5.57%, Notion -3.20%, Revolut -2.84%, Chainalysis -1.46%- Top valuations: ByteDance $201b, SpaceX $157b, OpenAI $77b, Stripe $48b, Databricks $46b lead in current valuationInvest in pre-IPO stocks with AG Dillon Funds - www.agdillon.com

E74: $15b of 2024 SpaceX revenue, Shein to IPO!, Klarna to IPO!, xAI launches LLM model, OpenSea lays off 50% | Pre-IPO Stock Market Update – Nov 10, 2023

Play Episode Listen Later Nov 10, 2023 7:34

00:07 | Klarna to IPO!- Klarna, a buy now pay later company, is setting up a new British holding company, a step towards a potential IPO- Current secondary market valuation is $6.2; IPO rumored at $15b, 142% increase01:17 | xAI launches LLM model- Grok is xAI's first product, a LLM model to compete with OpenAI ChatGPT and Google Bard- Grok has been trained on X/Twitter data- xAI is an independent company from X and has yet to raise external capital02:07 | OpenSea lays off 50% of staff- Exact number of affected employees undisclosed- Current cuts follow a 20% staff reduction in Jul 2022 and 10 staff in May 2023- OpenSea transaction volume is down 99% since start of 202203:05 | $15b of 2024 SpaceX revenue- $9.0b in 2023 estimated revenue- $3.0b in 2023 estimated EBITDA- $15b in 2024 estimated revenue, a 67% year over year increase- Starlink now cash flow positive and will be a majority of SpaceX revenue in 202404:16 | Shein to IPO!- Shein targets up to $90 billion valuation for a potential U.S. IPO- IPO valuation is higher than the $64 billion earlier this year but below Apr 2022's $100 billion- Shein is positioning itself as a global brand, moving its base to Singapore and recruiting international leaders05:26 | Big capital raises- Next Insurance (www.nextinsurance.com) | $265m Series G, $2.5b valuation- Zilch (www.zilch.com) | Series D, $2.0b valuation- WeLab Holdings (www.welab.co) | $260m Series E, $2.0b valuation- Tabby (www.tabby.ai) | $200m Series D, $1.5b valuation- SkyCell (www.skycell.ch) | $57m Series D, $600m valuation06:26 | Pre-IPO +0.36% for week* NOTE: Pitchbook posted Anthropic's Oct 2023 primary round at $25.0b post-money valuation. This has now been updated in the implied valuation report below.- Week winners: Brex +9.11%, Epic Games +2.48%, Airtable +1.48%, Deel +1.08%, SpaceX 0.92%- Week losers: Anthropic -2.97%, Byju's -1.61%, Reddit -1.25%, Stripe -0.81%, Databricks -0.51%- Top valuations: ByteDance $204b, SpaceX $153b, OpenAI $80b, Stripe $51b, Databricks $47b lead in current valuationInvest in pre-IPO stocks with AG Dillon Funds - www.agdillon.com

E65: Next IPOs? Stripe, Klarna, eToro, Databricks; Neuralink puts computers in human brains; TikTok Shop ramps up US presence; Flexport founder Ryan Peterson back as CEO | Pre-IPO Stock Market Update – Sep 22, 2023

Play Episode Listen Later Sep 22, 2023 11:24

00:10 | Next IPOs? Stripe, Klarna, eToro, Databricks- Stable IPO valuations are favorable for pre-IPO companies, market is ready for more IPOs- Arm, Instacart, Klaviyo IPOs bring transparency to private primary and secondary market valuations/multiples- Probable next IPOs with go logic = Stripe, Klarna, eToro, Databricks, Starlink spun out of SpaceX04:00 | Neuralink puts computers in brains- First brain-computer interface (BCI) human trail approved by FDA - Goal is to allow participants to control a computer cursor or keyboard using their thoughts alone- $2.6b current valuation in the private secondary market05:24 | TikTok Shop ramps up US presence - TikTok Shop allows users to buy directly within TikTok social media app- Currently $6m per month in gross sales, $500m total loss as of Aug 2023- TikTok, a ByteDance company … ByteDance is currently the largest pre-IPO stock, valued at $210 billion06:21 | Flexport founder Ryan Peterson back as CEO- Revenue dropped nearly 70% to around $700 million in the first half of this year- Petersen aims to revitalize Flexport by cutting waste and addressing customer quality issues- $3.1b secondary market valuation, down 62% from its last primary round07:26 | Big capital raises- Databricks (www.databricks.com) | $500m Series I, $43.5b valuation- EquipmentShare (www.equipmentshare.com) | $440m Series E, $3.6b valuation- Shield AI (www.shield.ai) | $150m Series F, $2.5b valuation- Generate Biomedicines (www.generatebiomedicines.com) | $273m Series C, $2.0b valuation- VideoAmp (www.videoamp.com) | $150m Series G, $1.6b valuation09:23 | Pre-IPO -1.15% for weekIPO Watch as of close Sep 22, 2023:...Arm = $52.7b market cap, +0.6% from $51/share IPO price...Instacart = $8.3b market cap, flat from $30/share IPO price...Klaviyo = $8.4b market cap, +11.3% from $30/share IPO price* Note: see disclosure below, stated market caps not fully diluted market capsWeek winners: Databricks +4.72%, Brex +3.80%, Deel +3.06%, Stripe +2.10%, SpaceX +1.70%Week losers: Flexport -10.54%, Chime -8.39%, Neuralink -7.22%, ConsenSys -7.03%, -4.97% RedditTop valuations: ByteDance $210b, SpaceX $156b, Stripe $52b, Databricks $35b, OpenAI $32b lead in current valuation

E64: Arm up 25% on IPO, Databricks raises at $43b, Starlink revenue up 533%, Dimon tells founders to “grow up”, | Pre-IPO Stock Market Update – Sep 15, 2023

Play Episode Listen Later Sep 15, 2023 7:55

Investing in pre-IPO stocks = www.agdillon.com00:10 | Arm up 25% on IPO- Arm is 90% owned by Softbank- IPOed at $54.5b, closed at $65b- Last round at $64b in Aug 2023- Apple, Google, Nvidia purchased $735m of shares01:37 | Dimon tells founders to “grow up”- Dimon says 2020/2021 valuations were overpriced- “…if you can go public, you want to go public, you need to go public, don't wait too long.”02:15 | Databricks raises at $43b- $500m led by TRowe, Nvidia participated- +13% from last round in Aug 2021, +39% from Oct 2022 internal valuation- Company is eying the IPO market03:17 | Starlink revenue up 533%- $1.4b in 2022 revenue, up from $222m in 2021- On track for 2.5m subscribers by end of 2023, averaging 127,000 new subscribers per month- 37% of world's population (3 billion people) has zero access to the internet04:23 | Big capital raises- Ola Electric (www.olaelectric.com) | $140m Series E, $5.4b valuation- Getir (www.getir.com) | $500m Series G, $2.5b valuation- Ascend Elements (www.ascendelements.com) | $460m Series D, $1.4b valuation- Zopa (www.zopa.com) | $96m Series J, $1.1b valuation- Imbue (www.imbue.com) | $200m Series B, $1.0b valuation05:51 | Pre-IPO +0.58% for week- IPO Watch:...Arm (Sep 14) = $54.5b IPO valuation

One More Scoop with Bhavik Vashi

One More Scoop

Play Episode Listen Later Jun 18, 2023 74:04

Bhavik Vashi is the Managing Director for Asia Pacific at Carta, a software company that aims to create more ownership in the world by creating a central registry of private assets, providing infrastructure for innovators, and enabling more liquidity.Carta is privately-held, with top-tier investors like Andreessen Horowitz and Lightspeed Ventures, among others, and was last valued at more than 7B USD as of its Series G fundraising round in 2021, which was supported by their own private capital markets platform called CartaX.Prior to Carta, Bhavik spent nearly a decade at Anaplan, across a variety of different roles and regions, where he helped build and scale the company from Series C through an IPO in 2018 and an eventual sale to Private Equity for 10.4B USD in 2022.Topics:00:02:22 - Childhood, growing up in the US, and passion for basketball. 00:06:35 - Early career and interest in tech. 00:15:53 - Career Focus00:17:37 - Consulting vs. Audit00:24:22 - Transition to Anaplan00:27:54 - Career Milestones00:29:57 - Early Days at Anaplan00:39:05 - Big Mistakes 00:42:32 - Prioritizing Character and Motivators, 00:43:54 - The Future of Work00:45:08 - Traveling for Business in China00:50:43 - Working in APAC and Problem Solving00:55:11 - Leading at Carta00:56:50 - Bhavik's Leadership Style00:59:18 - Carta's Expansion Plans, 01:01:03 - Bhavik's Daily Routine01:04:59 - Shifting Priorities01:10:37 - Personal Goals: Career in government, or non-profit organizations to make an impact.Like the show? Subscribe to the BackScoop newsletter to stay updated with the latest news in Southeast Asian startups in minutes: https://www.backscoop.com/.Visit BackScoop's social media pages and show your support!BackScoop (Linkedin): https://www.linkedin.com/company/backscoop/BackScoop (Twitter): https://twitter.com/BackScoopHQBackScoop (Facebook): https://www.facebook.com/BackScoopBackScoop (Instagram): https://www.instagram.com/backscoopVisit Amanda Cua's social media pages:Amanda (Linkedin): https://ph.linkedin.com/in/amanda-cuaAmanda (Twitter): https://twitter.com/HeyAmandaCuaVisit Bhavik Vashi's social media pages:Bashik (Linkedin): https://sg.linkedin.com/in/bhavikvashiCarta (Website): https://carta.com/sg/ Hosted on Acast. See acast.com/privacy for more information.

This Week in Pre-IPO Stocks - Market Update - Mar 24, 2023 - E39

Play Episode Listen Later Mar 31, 2023 6:51

Pre-IPO Stock Market Update - Mar 24, 2023 | New SpaceX capital raise, Epic Games launches new creator payout model, Klarna launches OpenAI plugin, Tyler's Corner (Deel, Databricks, Kraken)00:34 | New SpaceX capital raise- Badeel (Saudi Arabia's Water and Electricity Holding Company, part of Saudi's Public Investment Fund) and United Arab Emirates' Alpha Dhabi are investing- $74 and $79 per share, ballpark $140 billion- Last round was $137b in Dec 202201:30 | Epic Games launches new creator payout model- Epic introduced “Creator Economy 2.0” ... pay out 40 percent of Fortnite's net revenues to creators based on how much players engage with their islands, estimated at $400m per year- Previous “Support-A-Creator” system ... creators would only get 5 percent of a users purchase from the Epic store, users also had to input a unique creator code so the process was very complicated, many Fortnite creative studios relied on brand deals for income, building virtual worlds to advertise brands like Verizon, Chipotle, or Balenciaga.02:41 | Klarna launches OpenAI plugin- Shoppers can ask for specific shopping recommendations- If the options provided are not suitable, the user can ask additional questions or request more product recommendations- When shoppers click on the link that is provided in the chat, it then re-routes them to Klarna's search and compare solution03:45 | Tyler's Corner by Tyler Siconolfi- Deel has struck a partnership with RAMP Global, another management and human resources platform based out of London. This partnership will empower RAMP to accelerate the talent search and hiring process and reduce costs. - Databricks launched an AI chatbot called ”Dolly”. Dolly is considered to be a cheaper alternative than OpenAI's ChatGPT and allows companies using Databricks to use AI while not giving away their data to a third party.- Kraken has inked a sponsorship deal with the United Kingdom based Formula One racing team, Williams Racing.04:41 | Large capital raises- eToro | $250m Series G, $3.5b valuation- Kin | $109m Series D, $859m valuation- Thunes | $30m Series C, $776m valuation- Ably | $38m Series C, $725m valuation- Amogy | $139m Series C, $589m valuation05:34 | Pre-IPO stock market performance- Pre-IPO stocks were down 1.85% for the week vs the S&P 500 up by 1.09%. - YTD pre-IPO stocks still trail the S&P by about 11.25%.- Not much movement in the YTD company level numbers … OpenSea is now up over 30% … Kraken has come way off and is now only up 9% year to date. Stripe, Airtable, Epic Games, and Chime are still all down over 20%.- Deel and Rippling were both up about 2.5% for the week.- Kraken got smoked this week, down 10.5% for the week. Revolut was down 9%. Brex was down 5%.AG Dillon & Co venture capital funds...- AG Dillon SpaceX Pre-IPO Stock Fund = www.agdillon.com/spacex- AG Dillon Pre-IPO Equity Fund (top 15 pre-IPO stocks) = www.agdillon.com/top15Subscribe or follow...Youtube = https://www.youtube.com/channel/UCSpr_9yjBA7dhqnQexSu7LAApple Podcasts = https://podcasts.apple.com/us/podcast/this-week-in-pre-ipo-stocks/id1653598601Spotify Podcasts = https://open.spotify.com/show/2ryF1V6y712AsizaRjImOHInstagram = https://www.instagram.com/aarongdillon/Facebook = https://www.facebook.com/profile.php?id=100089996314705LinkedIn = https://www.linkedin.com/company/ag-dillon-co

141 - Mistakes To Avoid When Hiring Your First Head of Marketing (Emily Kramer, Co-Founder at MKT1)

Modern Startup Marketing

Play Episode Listen Later Feb 27, 2023 25:48

I love bringing on other startup marketing experts and Emily Kramer is no exception. Plus she's just super down to earth and was fun to talk to. Emily Kramer is Co-Founder at MKT1 (helps founders and marketers build and scale their marketing functions through their fund MKT1 Capital, advising & consulting, and content and courses). She's like a “CMO investor” because she's got a fund (MKT1 Capital) that's focused on early-stage B2B startups. Prior, Emily led and built marketing teams from the ground up at Carta (now Series G), Asana (IPOd), Astro (acquired by Slack), and Ticketfly (acquired by Eventbrite). Emily shares really useful articles that have to do with startups and marketing and I'm going to link to them in the show notes down below in case you want to check them out. In this episode we cover: What does “creative” mean to you (HINT: most people think brand and design, but it goes way beyond that); First marketing hire at a Seed vs. Series A vs. Series B startup - what matters; As the first marketing hire 4X, what is one thing you learned and then changed about your approach to heading up marketing; How did you balance creativity with results; Why you need to be saving time to make big bets; When you're setting goals (OKRs) you can't just set KPI goals (e.g. leads + conversion rate) because your creative big bet projects won't succeed. You can find Emily on LinkedIn. You can learn more about MKT1. Here's a great article that Emily wrote on how to organize your early stage SaaS marketing org and here's another one about marketing goal-setting. For more content, subscribe to Modern Startup Marketing on Apple or Spotify or wherever you like to listen, and don't forget to leave a review! And whenever you're ready, there are 3 ways I can help you: 1. Startup marketing strategy, execution and advising, I'm like your fractional head of marketing (25+ happy clients and mentees) >> www.furmanovmarketing.com 2. Sign up to get my monthly newsletter where I'm sharing playbooks and insights and cracking some jokes that will make you smile guaranteed >> https://share.hsforms.com/1cP1V40x7RGes5gHk1XNgNw47lba 3. Sponsor my Top 10% podcast and get startup founders, marketers and VCs hearing about your brand >> https://anchor.fm/anna-furmanov You can also find me hanging out on LinkedIn every single week: www.linkedin.com/in/annafurmanov --- Send in a voice message: https://anchor.fm/anna-furmanov/message

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Episode 234 - Kpop Legend Series: G-Dragon

Seoulmates

Play Episode Listen Later Feb 24, 2023 23:48

He's known as the King of Kpop, and we agree! From debuting as a child, to leading a massively successful group, to setting the standard for solo self expression, G-Dragon makes it look easy. Follow us on...

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South Korean financial super app Toss closes $405M Series G as valuation rises 7%

financial rises south koreans valuations closes toss series g

Play Episode Listen Later Jan 3, 2023 5:54

Viva Republica, an operator of South Korean finance super appÂ Toss, has finalized a $405 million Series G funding and it says it is now valued at 9.1 trillion won ( $7 billion), up from 8.5 trillion won in June 2021.

South Korean financial super app Toss closes $405M Series G as valuation rises 7%

financial rises south koreans valuations closes toss spokenlayer series g

Play Episode Listen Later Jan 3, 2023 5:54

Viva Republica, an operator of South Korean finance super app Toss, has finalized a $405 million Series G funding and it says it is now valued at 9.1 trillion won ( $7 billion), up from 8.5 trillion won in June 2021.

Meet the German Entrepreneur of the Year - Co-founder of Flix, which now owns Greyhound #GSA22

Deep Tech Germany - by Startuprad.io

Play Episode Listen Later Dec 15, 2022 48:58

Executive SummaryJochen Engert won the German Startup Award 2022 as German Entrepreneur of the Year. He is the co-founder of Munich-based Flix a unicorn recently valued at 3 bn US$ and the owner of Greyhound Lines. He shares in this interview his entrepreneurial journey, and his experience in winning 90% of the local long-distance bus market in less than a decade, without owning even one bus. We talk about the rough times during COVID when the service was shut down for 8 weeks, their expansion into different countries, acquisitions, and investments. He also shares some experience from his business angel investments. “We are getting to profitability pretty soon”Jochen Engert Co-Founder FlixSubscribe HereThe Authority on German, Swiss and Austrian Startups | Linktree “Our families, even our girlfriends thought we were crazy leaving our consulting jobs to start this ‘bus thing'.”Jochen Engert Co-Founder FlixGerman Startup Awards 2022This interview is in media partnership with the German startup association (Bundesverband Deutscher Startups https://deutschestartups.org/). Their German Startup Awards #GSA22 honor each year outstanding female and male founders and investors in special categories. You can learn more about the winners in our interviews and on this website: https://germanstartupawards.de/rueckblick/rueckblick-2022 You can also have a look at our history, we also interviewed many winners of the German Startup Awards 2021 already. “Our initial hypothesis was that you need one central player to orchestrate in order to put up a national network.”Jochen Engert Co-Founder FlixThe FounderOur guest today is Jochen, the Supervisory Board Director (formerly CEO) and Co-Founder of Munich-based mobility unicorn startup Flix (formerly Flixbus). Jochen studied at the University of Ottawa, Canada, as well as at Stuttgart University and in Koblenz at WHU. He has also been a consultant at Boston Consulting Group for 5 years, prior to starting Flix. “If you want to be a founder, you are always on sales, to clients, investors, and also people you want to hire”Jochen Engert Co-Founder FlixThe trigger of Flix was the 2009 coalition government contract, where the ruling parties stated they wanted to de-regulate the bus service in Germany, for the first time permitting long-distance buses. Before the de-regulation there was a law in force forbidding long-distance bus connections, competing with train service. So they founded GoBus, later re-branded to FlixBus, then to Flix. “ … for all operational complex businesses: Operational excellence, passion for detail and laser focus on customer centricity and ultimately customer technology … that is something that compounds, …. Building ultimately a competitive advantage, that is very hard to impossible to replicate ”Jochen Engert Co-Founder FlixThe StartupFlix started as GoBus, later FlixBus (https://global.flixbus.com/). Today they operate FlixBus, FlixTrain, FlixCar, Kâmil Koç in Turkey, and Greyhound Lines in the US. They were valued at 3 bn US$, when they raised their last VC round (Series G published in June 2021). They raised in total more than 1,2 bn US$ from 17 investors, including...

How Flipkart BEAT Amazon at Their Own Game

Backstage with Millionaires

Play Episode Listen Later Sep 29, 2022 14:04

In the first and second part of ‘How Bengaluru became India's Silicon Valley', we discussed the journey from Bengaluru's early history, to setting up of Indian Institute of Science, and then finally the post dot-com bubble burst scene. In this video, we take a look at how Amazon's arrival into India changed Bengaluru's entrepreneurship scene forever. Amazon hired best talent in India and focussed obsessively on customer satisfaction, and this was adopted by two of it's employees, Sachin and Binny Bansal with their own E-commerce startup, Flipkart. A month before Flipkart was started, Infibeam launched their own Amazon-inspired e-commerce platform. The company's founder, Vishal Mehta, had been working for Amazon in Seattle for 5 years before moving back to India in 2007 after realising that Amazon had put their plans to launch in India on hold. Meanwhile, Binny and Sachin were struggling financially. They'd approached Sequoia, Matrix Partners, IDG Ventures, Nexus Venture Partners, but without any luck. In 2010 when Flipkart raised their headline-grabbing Series B, but they weren't the only game in town. Fabmart.com had been around since 1999, and by 2010, they had rebranded to indiaplaza.com and then there was also Myntra as well. Then, in Mumbai, Flipkart had an indirect competitor in eBay India, and there was also Naaptol, which is still around to this day. In 2010, Flipkart's real competition wasn't in Ahmedabad or Bengaluru - it was in NCR, where a number of companies were vying for a piece of the e-commerce pie. One of the earliest was Snapdeal, which got its start in 2008 as a coupon service in Delhi called MoneySaver, which was pivoted into Snapdeal in 2010, and at that time they weren't selling products, they were selling discounts, so they weren't a huge threat yet. Besides Snapdeal, you also had Homeshop18LIST starting out in 2008 in Noida, Letsbuy came onto the scene in 2009 as eTree Marketing in Gurugram and was selling items like mobile phones, cameras, laptops and home appliances, and then in 2011, Gurugram-based startups like Jabong and Shopclues appeared too. Jeff Bezos was excited by the burst of e-commerce activity in India, and finally decided to put their limited presence in Bengaluru to good use. But instead of trying to re-enter India under their own name, Amazon instead approached Flipkart in 2011 to talk about a potential acquisition13, and in response, Sachin Bansal told Amazon that he would only sell at a 1 billion dollar valuation. This deal didn't happen and Flipkart ended up raising 20 million dollars from Tiger Global, this was their Series C round, later on in 2011, at a 200 million dollar valuation. This was the single-biggest round of funding secured by an e-commerce startup in India. Flipkart would go on to raise 150 million dollars in their Series D round, then 200 million, then 160 million, then 210 million, and then a billion dollar Series G round in 2014. And they weren't the only ones raking in the capital here - in 2014, Snapdeal raised a massive round too: 600 million dollars from Softbank, and this is just e-commerce we're talking about here. There were multiple other industries being fought over by startups at around this time, like Ola and TaxiForSure, both of which were based in Bengaluru, and then Uber showed up, with Bengaluru being its first city as well. And then towards the end of 2014 and into 2015, India saw its first startup food fight, where companies like FoodPanda, TinyOwl, Swiggy, and Zomato raised hundreds of millions of dollars to capture India's food delivery space.

118. Kite Energy Productions, TAE's Nuclear Fusion Reactor, Reviving Pig Organs

That's Cool News | A weekly breakdown of positive Science & Tech news.

Play Episode Listen Later Aug 15, 2022 30:04

Show Notes: Startup's new stunning kite can pull energy from the sky | Interesting Engineering (01:07) Several kite power companies are attempting to pull energy out of the sky, and they are succeeding. Kitekraft, a Munich-based company developing a kite power system is one of those companies working on this technology Their co-CEO and chief technology officer, Florian Bauer, commented on the tech: “It's cheaper to manufacture, cheaper to transport, and also has higher efficiency … If you have all those advantages, why would anyone build a conventional wind turbine?” How does the technology called airborne wind actually work? Three-step approach: Rigid enough to withstand high winds Has the form of a sailplane, and 4 propellers are only needed for taking off and landing. Designed to move quickly and effortlessly Connects the kite to the ground Transforms the pull force from the kite to the ground-station generator. A kite flies across the wind it pulls against the tether and unwinds the winch, driving a generator that produces electricity. Durable and can be exposed to varying environmental conditions such as moisture and UV light. Converts the tractive force from the tether to electricity. A control system is found in the ground station and makes sure all flights are conducted safely and efficiently. 1. The kite is a specially designed aircraft composed of composite materials. 2. The Tether 3. The ground station So far, Kitemill, another kite power company, claims that their system can produce an average power of >1 hour of operation with continuous cycles at 5.5 kW. The airborne wind is currently in its infancy. The industry will have to overcome many hurdles, such as proving that it is safe and reliable and does not cause any noise pollution. Right now, none of the kite companies have produced energy in the megawatt scales required to compete with other renewable energy sources. How balloons could one day detect quakes on Venus | Science News (07:32) Back on December 14, 2021, a tiny device dangling beneath the large, transparent balloon recorded sudden, jerky fluctuations in air pressure: echoes of an earthquake more than 2,800 kilometers away. Became the first network of devices to monitor an earthquake from the air. The finding could help scientists track earthquakes in remote areas on Earth. Opens the door to one day sending specially equipped balloons to study the geology of other worlds, including our closest planetary neighbor, Venus. When the ground shakes, it releases low-frequency sound waves that can travel long distances in the atmosphere. The military, who first tried this back in the 1940s, planned on using the microphones to pick up on the sound of the ground shaking from a nuclear explosion. Project was eventually deemed too expensive and dropped Now back to Venus, the reason the idea of balloons to take measurements on the planet is due to the extreme heat and pressure on the surface. The dense atmosphere means that the planet's surface has about the same pressure as Earth's deep ocean. No current lander/rover could withstand For the project to even go forward, scientists have to show that they could design devices small enough to be carried by balloons but sensitive enough to pick up earthquakes far below. In 2021, that is what they did They attached micro-barometers to 16 balloons launched from the Seychelles Islands, off the coast of East Africa The researchers were able to use the changes in air pressure to pinpoint the epicenter of the earthquake and calculate its 7.3 magnitude. Although the surface of Venus is an extremely hostile environment, at about 50 kilometers above the surface the atmosphere of Venus is the most earth-like environment (other than Earth itself) in the solar system. Paul Byrne, a planetary scientist at Washington University in St. Louis believes, even if they can't detect Venus quakes, the balloons, if designed to survive in the Venusian atmosphere, might be able to detect changes in air pressure that reveal clues about the planet's volcanic eruptions and mysterious highlands. The researchers are hoping that earthquake-detecting balloons will feature in the next major mission Believing their data could help researchers understand why Earth and Venus — alike in size and distance from the sun, relative to the other planets — have gone down such different paths. TAE's planned billion-degree, hydrogen-boron nuclear fusion reactor | Interesting Engineering & New Atlas (13:02) TAE Technologies today announced recently that it has secured strategic and institutional investments to fund the construction of its next research reactor, 'Copernicus.' This is after achieving temperatures greater than 135 million degrees Fahrenheit (75 million degrees Celsius) While also demonstrating unmatched real-time control of plasma with its cutting-edge fusion research reactor, dubbed 'Norman.' The non-radioactive method used by TAE, hydrogen-boron fusion, is the quickest, most feasible, and most cost-effective way to supply the grid with large amounts of carbon-free electricity. Reminder fusion is banging the nuclei of two atoms together hard enough, they can fuse together to create a different element. Resulting fused atom will weigh less than the two banged together Why does fusion release a lot of energy? The difference in mass from the fusion will be released as energy, as predicted by Einstein's famous E=MC2 equation. C2 – the square of the speed of light – is a rather large number, so a small mass of fuel can produce a large release of energy. The goal of the 'Copernicus' reactor is to show that the company's advanced beam-driven field-reversed configuration (FRC) can generate net energy. Will be built in a 100,000-square-foot (1,076,391 m2) facility in Irvine, California. The last step on the road to commercializing clean fusion power. The 'Norman' reactor, which was developed by TAE to maintain plasma at 54 million degrees Fahrenheit (30 million degrees Celsius), was unveiled in 2017. Has demonstrated the ability to retain stable plasma at a temperature of more than 135 million degrees Fahrenheit (75 million degrees Celsius), 250% greater than its initial aim Why does TAE want to achieve hydrogen-boron fusion? CEO of TAE Technology, Michl Binderbauer, explains to New Atlas: "There's no radioactivity involved in the input or the output. The output is helium, chemically inert, about as benign as you can get. Boron's made by the metric ton today. It's used in detergents, it's a commodity product. So there's no scarcity, it's found everywhere; there's no sort of Saudi Arabia of boron." He continues to explain: “People have shied away from boron historically because fusion is already darn hard … But it turns out that if you design your fusion reactor around tritium, you get some serious defects, along with a big disconnect from the commercial world where cost is important." TAE has raised a total of $1.2 billion for its commercial fusion development. The company recently closed its Series G-2 financing round, in which it secured $250 million from investors in the energy, technology, and engineering sectors. The company's most recent investors include Chevron, Google, Reimagined Ventures, Sumitomo Corporation of Americas, and TIFF Investment Management, as well as a sizable mutual fund manager with headquarters on the West Coast of the United States and a sizable U.S. pension fund. Sandro Hasegawa, General Manager, Energy Innovation Initiative Americas at SCOA, explains: “We look forward to being a partner in bringing TAE's clean energy solutions to the APAC market, which will be paramount to sustaining local economies without impacting our planet … We are pleased to support TAE's groundbreaking fusion technology to create safe, sustainable energy sources across multiple industries and applications.” Treating Chronic Pain With Sound Plus Electrical Body Stimulation | SciTechDaily (21:01) Researchers have found that electrical stimulation of the body combined with sound activates the brain's somatosensory or “tactile” cortex. This increases the potential for using the technique to treat chronic pain and other sensory disorders. The non-invasive technique was tested on animals and the team is planning clinical trials on humans in the near future. During the experiments, the scientists played broadband sound while electrically stimulating different parts of the body in guinea pigs. They discovered the combination of the two activated neurons in the brain's somatosensory cortex. This is the area that is responsible for touch and pain sensations throughout the body. The scientists hope that their results will lead to a therapy for chronic pain that's safer and more accessible than drug treatments. Cory Gloeckner Ph.D, lead author on the paper, explains: “Chronic pain is a huge issue for a lot of people, and for most, it's not sufficiently treatable … Right now, one of the ways that we try to treat pain is opioids, and we all know that doesn't work out well for many people. This, on the other hand, is a non-invasive, simple application. It's not some expensive medical device that you have to buy in order to treat your pain. It's something that we think would be available to pretty much anyone because of its low cost and simplicity.” How Scientists Revived Organs in Pigs an Hour After They Died | Singularity Hub (23:59) Oxygen is the elixir of life. Stop its flow—during a stroke, heart attack, or death—and the body's tissues respond in a biological storm that eventually leads to their death. Not great for organ transplants. They are deprived of oxygen, they rapidly lose their function. Upon death, the heart stops pumping, meaning all tissues are starved of oxygen and nutrients, and even after reperfusion with blood, they wither away. Their protective membranes break down. Organs lose their structural integrity. In a new study, using an external circulation system, a team of scientists partially revived organs in pigs hours after their deaths. The system, dubbed OrganEx, works like an alternative circulatory system. Pumps a synthetic substitute to trick the body into thinking it's still somewhat alive. The trick to keeping tissue healthy is a special fluid called cryoprotective perfusate. Think of it as an incredibly nutritious smoothie that goes straight into your blood circulation. The cells in the pig's heart, liver, and kidneys repaired themselves while on the system. Based on multiple molecular analyses. Dr. Robert Porte at the University of Groningen in the Netherlands, who was not involved in the study, wrote, “The achievement poi nts to ways to improve transplants and the treatment of strokes and heart attacks.” Another Doctor not involved in the study, Dr. Sam Parnia at New York University wrote, “This is a truly remarkable and incredibly significant study. It demonstrates that after death, cells in mammalian organs (including humans) such as the brain do not die for many hours.” For now, the study suggests that tissues and organs have a surprising ability to regenerate after being deprived of blood. The researchers stated, “Overall, further optimization and expansion of our technology will be needed to fully understand its broader effects on ischemic tissues and recovery.”

Super Conquerors - G.O.A.T. Week 6

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Play Episode Listen Later May 31, 2022 35:28

Romans chapter 8 has been chosen by many as their favorite chapter in all of the Bible, making it the Greatest of All Time. You are more than a conqueror. You are a SUPER conqueror. Series: G.O.A.T. Speaker: Marc Lucenius Scripture: Romans 8:31-37 Date: 05/29/22

91 - Marketing Planning Series (Kyle Lacy, SVP Marketing at Seismic)

Modern Startup Marketing

Play Episode Listen Later May 30, 2022 23:59

Happy Memorial Day if you're in the US! WOWZA these episodes are popular...so let's keep this going! Sprinkling in another episode for the "Marketing Planning Series" where I invite back top startup founders and marketing leaders to talk about their marketing plans going into 2022. We'll dive into marketing channels, budget, resources and so much more. Kyle Lacy is SVP of Marketing at Seismic (Series G). Prior, Kyle was CMO at Lessonly (Series C) for almost 5 years where he 20X'd revenue growth (70% sourced by marketing). I've had Kyle on before - check out Episode 31 where we talk about “the power of irrational ideas and golden llamas” among other things. Seismic was founded in 2010, has ~1,175 people, is based out of San Diego, CA, and Series G funded. Seismic is the #1 global sales enablement solution. Lessonly got acquired by Seismic in 2021. Lessonly is focused on training and coaching sales teams and Seismic does way more. Here's what we hit on: 2022 Marketing Plan, budget splits (HINT: the board really cares about the one metric LTV/CAC so as long as that stayed in the lane we can do whatever with our budget); Marketing channels you're leaning into this year (HINT: organic should be primary, and should always be primary); Marketing content you're leaning into this year; How you're planning to build out resources; What's your secret sauce to managing such a big (marketing) ship?? (HINT: hire people that understand how to move quickly but also have empathy/EQ because it's easier to have those difficult conversations; You need to build the marketing plan that's right for YOUR team, resources, etc; Goals that Kyle wants to accomplish in 2022. You can find Kyle on LinkedIn: www.linkedin.com/in/kylelacy Find out more about Seismic: https://seismic.com/ For more content, subscribe to Modern Startup Marketing on Apple or Spotify (or wherever you like to listen). You can find Anna on LinkedIn: www.linkedin.com/in/annafurmanov or visit my website: www.furmanovmarketing.com Thanks for listening! --- Send in a voice message: https://anchor.fm/anna-furmanov/message

Learning the Way of Jesus - G.O.A.T. Week 5

jesus christ learning series g

Play Episode Listen Later May 26, 2022 30:45

Series: G.O.A.T. Speaker: Rachel Short Scripture: Romans 8 Date: 5/22/22

From Groans to Glory - G.O.A.T. Week 4

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Play Episode Listen Later May 19, 2022 28:13

Romans chapter 8 has been chosen by many as their favorite chapter in all of the Bible, making it the Greatest of All Time. Series: G.O.A.T. Speaker: Lew Smith Scripture: Romans 8:18-27 Date: 05/15/22 #Romans8 #938Church #Jesus

Fear finds fear, but faith finds freedom. - G.O.A.T. Week 3

Play Episode Listen Later May 11, 2022 30:34

Series: G.O.A.T. Speaker: Marc Lucenius Scripture: Romans 8 Date: 5/8/22

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Who is the Holy Spirit? - G.O.A.T. Week 2

Play Episode Listen Later May 4, 2022 38:31

Series: G.O.A.T. Speaker: Marc Lucenius Scripture: Romans 8 Date: 5/1/22

holy spirit series g

G.O.A.T. - Week 1

Digitale Optimisten: Perspektiven aus dem Silicon Valley

Play Episode Listen Later Apr 26, 2022 40:10

Series: G.O.A.T. Speaker: Marc Lucenius Scripture: Romans 8 Date: 4/24/22

series g

Deep Dive: Chris, wird man reich mit NFTs?

Play Episode Listen Later Apr 25, 2022 69:30

Sind NFTs die größte Betrugsmasche aller Zeiten oder die nächste große Internet-Revolution? Chris Schmidt sagt Revolution, und erklärt wie er mit seinem Start-Up ApollX diese für jeden erschließt.+++Klaue unsere Start-Up Ideen: Der kostenlose Newsletter auf www.digitaleoptimisten.de +++Herzlich Willkommen bei Digitale Optimisten. Ich bin Alex, und wir sind in diesem Podcast auf der Suche nach den erfolgreichsten early-stage Start-Ups, die große Pläne haben, aber noch ziemlich am Anfang stehen.++ Fast alles ist gerade Scam in der NFT Welt. Es ist leichter 1.000 Euro zu verlieren als zu gewinnen. Heißt das, das die Technologie Mist ist: Nein!++ Erfolgreiche NFTs sind nicht die beste Kunst, weit gefehlt. Künstler spielen nur eine untergeordnete Rolle in dem Ganzen: Marketing und Community-Building unterscheidet die erfolgreichen NFT Collections von denen, die nie gekauft werden++ Schaufeln für den Goldrausch verkaufen: Alles was auf Seite 1 der Bild-Zeitung auftaucht, in das sollte man nicht mehr investieren. NFTs sind mittlerweile da angekommen - sie sind ein Goldrausch. Chris überlegt sich eher, wie er Schaufeln für den Goldrausch verkaufen kann, als selber das Gold zu schürfen.Ich freue mich über 5 Sterne Reviews und dein Feedback an alexander@digitaleoptimisten.de. Bevor es mit dieser Folge losgeht: Bitte erzähle zwei Freundinnen oder Kollegen von diesem Podcast, wenn Dir diese Geschichten gefallen. Es hilft ungemein, neue Hörer zu finden und den Podcast weiter wachsen zu lassen. Wenn Du magst kannst Du mir auch einen Review auf Apple Podcasts oder Spotify geben.

Deep Dive: Luca, seid ihr das Anti-Amazon?

Digitale Optimisten: Perspektiven aus dem Silicon Valley

Play Episode Listen Later Apr 18, 2022 60:30

Mit einem Anti-Amazon Ansatz hat Faire vor kurzer Zeit 400 Millionen Dollar von Investoren eingesammelt bei einer Bewertung von 12 Milliarden Dollar. Luca Beltrami erklärt wie das geht.+++Abonniere den kostenlosen Newsletter mit Trends, Ideen und Gründerporträts auf www.digitaleoptimisten.de +++Herzlich Willkommen bei Digitale Optimisten. Ich bin Alex, und wir sind in diesem Podcast auf der Suche nach den erfolgreichsten early-stage Start-Ups, die große Pläne haben, aber noch ziemlich am Anfang stehen.Heute haben wir was besonderes im Podcast: Es ist nämlich kein Start-Up und auch kein Gründer, aber dennoch eines der interessantesten Gespräche, die ich seit langer Zeit geführt habe. Gast ist Luca Beltrami und er ist Product Lead für eine Firma namens Faire. Faire hat im November eine Finanzierungsrunde in Höhe von 400 Millionen Dollar erhalten, bei einer Bewertung von über 12 Milliarden Dollar. Eine wirklich unglaubliche Summe. Was ist es also, das so eine Wachstumsfantasie triggert?Die kurze Antwort ist: Faire ist ein Marktplatz, der Hersteller von physischen Produkten mit stationären Einzelhändlern zusammenbringt. Stell dir vor, du produzierst ein Produkt wie Ohrringe, die du gerne in kleinen Einzelhändlern, den mom & pop shops, wie man es in Amerika nennt, verkaufen möchtest. Es stellt sich raus dass es gar nicht so einfach ist, diese lokalen Einzelhändler zu finden, die deine Ohrringe verkaufen wollen. Faire macht genau das - und wie wir im Gespräch merken, sogar noch eine ganze Menge mehr.Ich freue mich über 5 Sterne Reviews und dein Feedback an alexander@digitaleoptimisten.de. Bevor es mit dieser Folge losgeht: Bitte erzähle zwei Freundinnen oder Kollegen von diesem Podcast, wenn Dir diese Geschichten gefallen. Es hilft ungemein, neue Hörer zu finden und den Podcast weiter wachsen zu lassen. Wenn Du magst kannst Du mir auch einen Review auf Apple Podcasts oder Spotify geben.

The Latest with Log4J

Cloud Security News

Play Episode Listen Later Dec 22, 2021 3:56

Cloud Security News this week 22 December 2021 Most folks in cybersecurity have been consumed with all things Log4shell with a CVSS score of 10, since last week. Check out last week's episode or our special feature on Log4shell on YouTube by Ashish Rajan if you want to know a bit more about how it started and what its all about So, where have things landed with it all so far. To remedy the Log4Shell vulnerability, Apache has issues several patches however with each patch, additional issues were reported. The latest patch is the third installment 2.17.0 to address a new vulnerability that allow for denial of service attacks. While apache and other organisations rush to remedy and patch these vulnerabilities, an explosion of attacks continue. Belgium's defence ministry revealed that it had been forced to shut down parts of its network after a hacker group exploited log4j to gain entry to its systems. Security firm Check Point has been monitoring the situation and, at one point, reported seeing more than 100 Log4J attacks per minute.The hackers are scattered globally. Checkpoint further reported that more than half of the exploits come from well-known hacking groups using it to deploy common malware like Tsunami and Mirai. Sentinel one has reported that “Observed exploit attempts in the wild thus far have led to commodity cryptominer payloads or other known and commodity post-exploitation methods. They expect further opportunistic abuse by a wide variety of attackers, including ransomware and nation-state actors.” The latest apache update is available here. The SentinelOne blog is available here and Checkpoint blog is available here, Whilst we are scrambling to stay on top log4Shell, a few exciting things have occurred in the world of Cloud Security as well, Ermetic announced a $70 million series B funding round. Their platform secures cloud infrastructure by focusing on identity security and reducing the attack surface across a multi-cloud deployment. The platform is expanding its support for Kubernetes container orchestration which they refer to like the fourth cloud. Learn more about Ermetic here. And in other news Container and cloud security unicorn Sysdig scored $350 million in a Series G funding. This raises their total funding to $744 million and pushes valuation to $2.5 billion. Sysdig offers security and performance monitoring services tailored toward cloud-native applications and are looking to utilise the latest funding to accelerate the expansion of these services into new markets, increase its headcount and customer base, and invest in research and development. Learn more about Sysdig here Podcast Twitter - Cloud Security Podcast (@CloudSecPod) Instagram - Cloud Security News If you want to watch videos of this LIVE STREAMED episode and past episodes, check out: - Cloud Security Podcast: - Cloud Security Academy:

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The Latest with Log4J

Cloud Security Podcast

Play Episode Listen Later Dec 22, 2021 3:56

Cloud Security News this week 22 December 2021 Most folks in cybersecurity have been consumed with all things Log4shell with a CVSS score of 10, since last week. Check out last week's episode or our special feature on Log4shell on YouTube by Ashish Rajan if you want to know a bit more about how it started and what its all about So, where have things landed with it all so far. To remedy the Log4Shell vulnerability, Apache has issues several patches however with each patch, additional issues were reported. The latest patch is the third installment 2.17.0 to address a new vulnerability that allow for denial of service attacks. While apache and other organisations rush to remedy and patch these vulnerabilities, an explosion of attacks continue. Belgium's defence ministry revealed that it had been forced to shut down parts of its network after a hacker group exploited log4j to gain entry to its systems. Security firm Check Point has been monitoring the situation and, at one point, reported seeing more than 100 Log4J attacks per minute.The hackers are scattered globally. Checkpoint further reported that more than half of the exploits come from well-known hacking groups using it to deploy common malware like Tsunami and Mirai. Sentinel one has reported that “Observed exploit attempts in the wild thus far have led to commodity cryptominer payloads or other known and commodity post-exploitation methods. They expect further opportunistic abuse by a wide variety of attackers, including ransomware and nation-state actors.” The latest apache update is available here. The SentinelOne blog is available here and Checkpoint blog is available here, Whilst we are scrambling to stay on top log4Shell, a few exciting things have occurred in the world of Cloud Security as well, Ermetic announced a $70 million series B funding round. Their platform secures cloud infrastructure by focusing on identity security and reducing the attack surface across a multi-cloud deployment. The platform is expanding its support for Kubernetes container orchestration which they refer to like the fourth cloud. Learn more about Ermetic here. And in other news Container and cloud security unicorn Sysdig scored $350 million in a Series G funding. This raises their total funding to $744 million and pushes valuation to $2.5 billion. Sysdig offers security and performance monitoring services tailored toward cloud-native applications and are looking to utilise the latest funding to accelerate the expansion of these services into new markets, increase its headcount and customer base, and invest in research and development. Learn more about Sysdig here

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400 Mio. US-Dollar für Faire – Großhandelsmarktplatz schließt Serie G ab

Startup Insider

Play Episode Listen Later Nov 26, 2021 23:40

In der Mittagsfolge begrüßen wir heute Luca Beltrami, Head of Product for Retailers von Faire, und sprechen über die neueste Finanzierungsrunde in Höhe von 400 Millionen US-Dollar. Faire ist ein US-amerikanischer Großhandelsmarktplatz, der 2017 von den Square-Alumni Max Rhodes (CEO), Marcelo Cortes (CTO), Jeff Kolovson (COO) und Daniele Perito (CDO) gegründet wurde. Der Hauptsitz befindet sich in San Francisco und Waterloo. Weitere Standorte sind Salt Lake City, Atlanta, Los Angeles, New York, Toronto, London, Amsterdam und São Paulo. Nach Unternehmensangaben wurden im letzten Jahr über 125 Millionen Produkte verkauft und in Spitzenzeiten einen durchschnittlichen Umsatz von über 10 Millionen Dollar pro Tag verzeichnet. Faire verbinde zudem mehr als 300.000 Einzelhändlerinnen und Einzelhändler mit 40.000 Marken auf der ganzen Welt und das Startup sei auf ca. 700 Angestellte seit der Gründung angewachsen. Vergangene Woche gab der Online-Großhandelsmarktplatz den Abschluss seiner Series-G bekannt. Insgesamt wurden 400 Millionen US-Dollar eingesammelt, wodurch Unternehmensangaben zufolge die Bewertung auf 12,4 Milliarden US-Dollar

Loopin, Gumlet, Pendo, Yoco, Wiliot and DataRobot raise funds | Google has announced Google Cloud Retail Search | Atos acquires Nimbix

Play Episode Listen Later Jul 29, 2021 2:42

Loopin, a SaaS company, has acquired $820K from Venture Highway in a seed round. The additional cash received in this round will be used to grow the staff and develop the platform. Loopin is a calendar-based productivity application designed for professionals. Gumlet, a SaaS company that automates the publishing process for media, has raised $1.6M in a funding round led by Sequoia Capital India's Surge. Gumlet enables developers worldwide to scale and optimize their pictures and videos to fit the device or browser of the end-user.Pendo has raised $150M in Series F at a $2.6B valuation to help companies deliver software that meets customer expectations. The company has also reached $100M in Annual Recurring Revenue (ARR). It plans to further its aggressive global expansion using the proceeds from the funding.Yoco has raised $83M (R1.23 billion) in a Series C funding round led by Dragoneer Investment Group to accelerate product development. It aspires to move beyond South Africa and help one million merchants in the next four years using its services.Google has announced Google Cloud Retail Search, a new tool aimed at helping merchants enhance their e-commerce systems' product search capabilities. Retail Search is a fully managed service that complements Google's Retail Product Discovery Solutions. Atos, a global leader in digital transformation, has acquired Nimbix, high-performance computing (HPC) cloud platform provider. The combined solution, which incorporates multi-cloud bursting and hybrid capabilities, boosts self-service and automation and enhances Atos' capabilities.Wiliot has raised $200M in Series C funding led by SoftBank Vision Fund 2 to accelerate its mission of creating a new IoT era where intelligence and connectivity are brought to trillions of products that move the global supply chains.DataRobot has raised $300M in Series G funding and announced its acquisition of Algorithmia. The company said that the funding alongside the acquisition would bolster its augmented intelligence platform and help extract value from AI better and faster, and allow customers to run machine learning models reliably.

Detect Technologies, Shogun, Mandolin, Pietra, Nodes&Links, FloLive, NoName Security and Hyperexponential raise funds | BMW i Ventures announce their second sustainability-focused fund | ServiceTitan acquires Aspire Software | Slack launches Huddles |

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Play Episode Listen Later Jul 1, 2021 6:15

Detect Technologies, a company specializing in industrial AI, has raised $12 million in a round led by Accel Partners and Elevation Capital. According to the company's statement, the money will be used to enhance worldwide industrial efficiency and extend the company's position as a leader in industrial digitalization. The firm provides a wide range of AI and IoT solutions for the industrial sector.BMW i Ventures announce their second sustainability-focused fund for early to mid-stage startups in the industries of transportation, manufacturing, supply chain and others. Previously, investments of the VC firm's first fund, BMW i Ventures Fund 1, had helped companies in their journey to public.ServiceTitan, a software company built to accelerate the home and commercial service industries, has entered a definitive agreement to acquire Aspire Software, a landscaping business management software provider. Alongside the acquisition, the company announced its $200 million Series G funding from Thoma Bravo at a valuation of $9.5 billion. This acquisition marks ServiceTitan's second investment in the last twelve months (previously ServicePro) and its largest to date.Slack launches Huddles, a feature to encourage casual conversations that get missed out due to remote working, and new video sharing and recording capabilities to help users share their thoughts ahead of a scheduled meeting, as per their convenience. These features would be rolled out for paid teams.Device42 has developed a new solution that analyses your infrastructure and provides recommendations for cost-effective cloud migration. The program uses machine learning to assist in the discovery of the optimum configuration. Device42 is a software business founded in 2012 that specializes in hybrid IT discovery and application dependency mapping.Ably, a synchronized digital experience platform provider has announced that it has raised $70 million in a Series B funding round led by Insight Partners and Dawn Capital LLP. Other participants include Digital Horizon, Forward Partners, and MMC Ventures, Triple Point. The new funds will help Ably continue developing and innovating its platform, giving businesses a comprehensive solution for offloading the rising complexity of real-time data synchronization at scale for distributed applications, devices, and hybrid cloud environments.A pan-European venture capital firm, Nauta Capital, has announced ambitions to invest in pre-seed deeptech businesses across Europe. The specialized venture program will provide funding to pre-seed B2B deeptech businesses in order to help them develop and thrive. Nauta Funding's new initiative, motivated by a shortage of capital available for pre-seed and pre-revenue B2B deeptech enterprises, will support 12-16 startups for the next 12 months to close the gap and propel Europe's next generation of deeptech entrepreneurs.Shogun has raised $67.5 million in a $575 million Series C funding round led by Insight Partners. The cash will improve the company's two major products, Shogun Frontend and Page Builder. Frontend, Shogun's newest offering, is a “headless” solution aimed at web designers and others who want to create more personalized experiences. It caters to the midmarket to the corporate consumers and has hundreds of clients. ARIADNEXT, French remote identity verification, and digital identity creation company, has been bought by IDnow, a German identity verification startup. As a result of the acquisition, IDNow is now on a level with OnFido, Europe's other major participant. IDnow will keep ARIADNEXT's offices in Rennes, Paris, Madrid, Bucharest, Iasi, Warsaw, and its approximately 125 employees. Mandolin, a concert live stream platform to help artists, venues, and fans connect through live music, has raised $12 million in its Series A fundraise in an oversubscribed round co-led by 645 Ventures and Foundry Group. Existing investors, High Alpha and TIME Ventures, participated in the round.Pietra, a platform providing Creators business-building tools, has announced its Series A fundraise of $15 million in a round led by Founders Fund with participation from its existing investor, Andreessen Horowitz (a16z), TQ Ventures, Abstract Ventures and other strategic investors.Nodes & Links, a startup offering AI and cloud tools for engineering projects to be delivered on time and budget, has announced its Series A fundraise of €9.3 million ($11 million roughly). The round was led by urban sustainability-focused fund 2150, alongside Zigg Capital and Westerly Winds.FloLive, an IoT company, has raised an additional $15.5 million in a Series B investment round led by Intel Capital. The additional money will be used to improve the company's service and invest in and develop the company's technology stack and upgrade its network to 5G. Rather than creating new infrastructure, FloLive's approach is to stitch together networks from several places and run them as a single network.Gusto, a unicorn company developing web-based payroll solutions for small and medium-sized businesses, has announced the launch of its new product, Gusto Embedded Payroll (GEP), which facilitates software developers to embed and customize payroll directly into their software. Noname Security, an enterprise API security business, raised $60M in a Series B funding round headed by Insight Partners. The company offers a security platform that uses artificial intelligence and machine learning to assist businesses in monitoring and securing both managed and uncontrolled APIs. Since its launch, the firm has recruited 40 technical, reseller, and channel partners in six months.Hyperexponential (hx), a mathematical software provider for the insurance sector, raised $18 million in a funding round headed by Highland Europe. According to the company, actuaries, data scientists, and underwriters may use Hx's Renew SaaS platform to create, deploy, and update insurance pricing models more quickly.

#1 - Adam Tesan on Building a Revenue Organization

Leaders of Growth

Play Episode Listen Later Jun 17, 2021 29:13

Adam Tesan is the current CRO of Chargebee, the subscription and management billing platform which recently raised $125 million of Series G funding from among others Insight Partners and Tiger Global Management. In this episode, Adam Tesan shares his insights on amongst others SWAT teams, aligning the customer's buying journey and the sales process, and building a revenue organization. Discussion topics:0:58: Background of Adam Tesan4:16: What have you learned about scaling companies in your career?7:28: Do you use a certain framework for running experiments?10:05: How do you look at the concept of a revenue organization?13:34: How have you approached aligning the different departments within the revenue organization?15:46: Can you share the most important metrics on which you align the teams within the revenue organization?21:05: Can you share your advice to early-stage companies with limited data to still draw conclusions on the customer journey?25:39: How do you align the acquisition process and the buying journey?27:18: Do you have some final advice or content recommendations for the audience?

Whatfix, Airbase, Brinqa and Nubank raises funds | Trux unveils new SaaS offering | Cirralto merges with Appstablishment | ExtraHop to be acquired by Bain Capital & Crosspoint Capital | Deloitte has acquired CloudQuest Inc.

Play Episode Listen Later Jun 9, 2021 5:16

Digital adoption SaaS platform Whatfix has closed $90 million in Series D funding from Tokyo-based SoftBank Vision Fund II, nearly two months after talks of this probable fundraising surfaced online. With the close of Series D, Whatfix's total funding stands at $139.8 million, raised in nine investment rounds, as per Crunchbase, and its valuation has tripled in the last 15 months as per its statements. Other investors – Eight Roads Ventures, Sequoia Capital India, Dragoneer Investment Group, F-Prime Capital, and Cisco Investments- had participated in this round.Heavy construction logistics platform Trux, which builds tech solutions for construction companies, has unveiled its new subscription-based SaaS offering to provide a more flexible and reliable logistics solution in the construction industry. Bart Ronan, CEO of Trux, in the company's statement to the press, explained that the easy-to-use SaaS platform has been updated with features to efficiently take into account the way workers operate in the field, in the office, and behind the wheel. With the platform's help, Trux aims to help its customers working in silos by helping their workers stay connected while handling their respective operations, thereby adding accountability and visibility into the workflow.Sydney's Cirralto Limited, which supplies B2B payment services for industries, has recently merged with its long-term licensing partner, Appstablishment, the Perth-based software developer, to provide optimized business and payment solutions to the global market, reports state. Cirralto revealed that with the merger, that will trade under the name of Cirrato Limited, it would also gain access to Appstablishment's ‘Spenda business solutions,'- its flagship product that provides software to support points of sale, inventory management, debt collection, payment services, e-commerce, and catalog sharing.Airbase, a corporate spend startup, has announced that it has raised $60 million in a Series B funding round led by Menlo Ventures. Other investors include new investor Craft Ventures, existing investors Bain Capital Ventures, First Round Capital, Quiet Capital, Webb Investment Network, and BoxGroup. The additional funds will be used to solidify Airbase's position as the most comprehensive spend management solution in its class, as well as to drive product improvements and innovation that will continue to define the category, transform the way businesses spend money and elevate employees' roles to focus on the value-added work that makes businesses successful.ExtraHop, a cloud-native network detection and response company, has announced that it has entered into a definitive agreement to be acquired by Bain Capital and Crosspoint Capital. The deal is strategically valued at $900 million.Bain Capital is a technology investor and one of the multi-asset alternative investment firms in the world. Crosspoint Capital is a private equity firm specializing in cybersecurity, privacy, and infrastructure software. Brinqa, a Cyber Risk Management company, has announced that it has secured $110 million as growth capital from Insight Partners, global venture capital and private equity firm. Brinqa, which has been bootstrapped and founder-backed since 2009, has received its first institutional investment to help it scale its company and expand its market. As a result of this new funding, Brinqa will be better positioned to meet the growing need for flawlessly integrated, highly automated, and risk-based cybersecurity products.Deloitte, an audit, consulting, tax, and advisory services provider, has announced that it has acquired CloudQuest Inc., a cloud security posture management (CSPM) provider, for an undisclosed sum. Deloitte's existing cloud cybersecurity products will be bolstered by CloudQuest's cloud-native security capabilities, allowing them to manage security workflows more easily, minimize risk, and increase data protection.Fintech company Nubank has announced a $750 million extension to its Series G fundraising, the last round of which closed in January with a $400 million funding. In two press releases, Nubank has announced the extension of its Series G funding, which now has touched $1.5 billion. The first extension of $500 million was raised from Berkshire Hathaway, and the second extension worth $250 million, was led by Sands Capital and witnessed participation from other Brazilian investors – Absoluto Partners, asset manager co-founded by José Zitelmann and Gustavo Hungria, and Verde Asset Management, the manager led by Luis Stuhlberger.

Outreach secures $200 million in funding | Good Data launches its enterprise edition

Play Episode Listen Later Jun 6, 2021 1:18

GoodData launches its enterprise edition of its headless Business Intelligence service, called GoodData CN Production. The platform is based on a microservices design that is accessed using application programming interfaces. Enterprises can give scalable, real-time data to everyone inside a company and their consumers with GoodData CN Production. Outreach, a sales engagement platform, has secured $200 million in a Series G fundraising round. The company's valuation has increased to $4.4 billion due to this financing, making it a Unicorn. The fund will be used to grow Outreach's sales and marketing teams and invest in creating, acquiring, and delivering new innovative technologies. In the previous year, Outreach has grown to over 800 employees worldwide, and it has launched two new global offices in London and Prague.

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alt.bank, Brazil's latest fintech targeting the unbanked, raises $5.5M

brazil brazilian fintech targeting raises nubank unbanked series g

Play Episode Listen Later May 4, 2021 3:52

It looks like everyone and their mother is trying to reinvent the Brazilian banking system. Earlier this year we wrote about Nubank's $400 million Series G, last month there was the PicPay IPO filingÂ and today, alt.bank, a Brazilian neobank, announced a $5.5 million Series A led by Union Square Ventures (USV).

alt.bank, Brazil’s latest fintech targeting the unbanked, raises $5.5M

brazil brazilian fintech targeting raises nubank unbanked spokenlayer series g

Play Episode Listen Later May 4, 2021 3:52

It looks like everyone and their mother is trying to reinvent the Brazilian banking system. Earlier this year we wrote about Nubank’s $400 million Series G, last month there was the PicPay IPO filing and today, alt.bank, a Brazilian neobank, announced a $5.5 million Series A led by Union Square Ventures (USV).

One-Time Host Series G

In the Neighbourhood

Play Episode Listen Later Apr 25, 2021 50:10

Ghana meets Naija, Today's one-time host is Romeo from Ghana and he came seeking answers to a couple of questions he has about Nigeria. From 2020 to FinTech to Truth/Dare, we talk about it all. If you would love to encourage us, here's the tip link: https://useshukran.com/cr/intheneighbourhood Email: intheneighbourhoodpodcast@yahoo.com --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/intheneighbourhood/message

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Databricks raises $1B at $28B valuation as it reaches $425M ARR