Page 22 - Extra Crunch News Today

Sweden's initially laissez-faire approach to controlling COVID-19 might have helped its tech ecosystem ride out the uncertainty. Several people we spoke to said they saw green shoots regarding revenue growth and retention in their portfolio companies as founders adapted to the pandemic. Areas that are benefitting include digital health and remote work for obvious reasons, but given Sweden's strength in fintech and gaming, those sectors are both well positioned to thrive.

8 investors discuss Stockholm’s maturing startup ecosystem All in all, tech is in a good position In the realm of European startup ecosystems, Sweden — largely Stockholm — ranks very close to the behemoths of London, Paris and Berlin. And with 10 million people, the nation certainly punches above its weight, having produced unicorns such as Spotify and Klarna, to name only two. As a result, the eight investors we surveyed are characteristically bullish about the future, despite a pandemic...

Borrowing a term from the casino trade, these whales generate the bulk of the company's revenue stream.

Facebook plays hardball in Australia, Epic Games expands its fight against Apple and New York’s attorney general sues Amazon. This is your Daily Crunch for February 17, 2021. The big story: Facebook cuts off news-sharing in Australia In response to a proposed law forcing internet platforms to pay news publishers directly, Facebook announced today that […]

It's hard to overvalue a startup when the public market is willing to double its valuation the moment it starts to trade.

Check out the incredible speakers joining us on Extra Crunch Live in March Extra Crunch Live is off to a great start this year. For those of you who followed the series last year, Extra Crunch Live is a brand new beast in 2021. We take a look at early-stage funding deals through the eyes of the founders and investors who made them happen, and those same tech leaders go through your pitch decks and give feedback and advice. Every single Wednesday at 12 p.m. PST/3 p.m. EST! Extra Crunch Live is a...

The big story: Axiom Space raises $130M Founded in 2016, Axiom Space is working with NASA to add privately developed space station modules to the International Space Station. It’s also the service provider for the first private astronaut launch to the ISS, scheduled for January 2022 using a SpaceX Dragon spacecraft and Falcon 9 rocket. Eventually, the startup hopes to create its own orbital platforms. And in his story on the funding, Darrell Etherington says Axiom is emerging as “the leadin...

As startups get more broad and stay private longer, the space into which VCs can invest may narrow.

The only people who truly understand a relationship are the ones who are in it. Luckily for us, we’re going to have a candid conversation with both parties in the relationship between Ironclad CEO and co-founder Jason Boehmig and his investor and board member Accel partner Steve Loughlin. Loughlin led Ironclad’s Series A deal back […]

Parler returns from limbo, Uber lobbies Europe and we have more details about Notion’s outage. This is your Daily Crunch for February 15, 2021. The big story: Parler is back online The social network known for its far-right user base was dropped by infrastructure provider Amazon Web Services for posts advocating violence. Now it’s back […]