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May 25, 2021
How Expensify shed Silicon Valley arrogance to realize its global ambitions Image Credits: Nigel Sussman Expensify may be the most ambitious software company ever to mostly abandon the Bay Area as the center of its operations. The startup’s history is tied to places representative of San Francisco: The founding team worked out of Peet’s Coffee on Mission Street for a few months, then crashed at a penthouse lounge near the 4th and King Caltrain station, followed by a tiny office and then a ...
May 25, 2021
Daily Crunch: Before the pandemic, Expensify made remote work cool and profitable To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Welcome to Daily Crunch for May 25, 2021. Whether you are a developer, a startup fanatic or merely someone with wanderlust, we have something for everyone today. Well, except for disappointed investors in Lordstown Motors. They are stuck holding the bag today after the American ele...
May 24, 2021
We have two more interviews coming up with Veo co-founder and CEO Candice Xie and Refraction AI co-founder Matthew Johnson-Roberson. Finally, we published a piece that examines voice recognition in vehicles, a marketplace that has tech giants like Google and Amazon competing for space with a few up and comers and established suppliers like Cerence. A friendly reminder that my email inbox is always open — and yes, I do read your messages. Email me at kirsten.korosec@techcrunch.com to share t...
May 24, 2021
Bessemer’s Kent Bennett and Toast’s Aman Narang to discuss how to become a unicorn on ECL Toast has a reported valuation over $5 billion and has raised more than $900 million since launch. The restaurant POS service has clearly been on a rapid growth trajectory, but how has the company navigated the market during the pandemic, which has pushed and pulled the restaurant industry unlike ever before? On an upcoming episode of Extra Crunch Live (May 26 at 3pm ET), we’ll find out. We’re sitt...
May 24, 2021
Zeta Global’s IPO filing uncovers modest growth, strong adjusted profitability Welcome back to the working week. Are you ready to get our hands a little dirty this morning? Good. We have an IPO to catch up on, one I should have kept up with in the past few weeks. Regardless, today we’re looking at Zeta Global’s latest IPO filing ahead of its eventual pricing. The Exchange explores startups, markets and money. Zeta Global is not a firm that I am very familiar with, but because Crunchbas...
May 24, 2021
Daily Crunch: Police search 2 Twitter offices in India after politician receives warning label To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Welcome back to Daily Crunch. It’s Monday, May 24, and all I can think about is how much I want a Surface Duo now that it can do two-screen gaming. And one of those new iMacs. I don’t need either, of course, but that doesn’t stop my coveting both of the gadgets. ...
May 22, 2021
The huge sale of Utah-based startup Divvy to Bill.com is still bouncing around my head this week, not only because the $2.5 billion exit was huge for both the company and its local scene, but also because its target market is exciting to watch. Divvy competes in what we call the corporate spend market with a few other unicorns, including Ramp and Brex. This week Brex announced that it is rolling out IRL advertising in a few American cities.
May 22, 2021
Ready? Let’s talk money, startups and spicy IPO rumors. The huge sale of Utah-based startup Divvy to Bill.com is still bouncing around my head this week, not only because the $2.5 billion exit was huge for both the company and its local scene, but also because its target market is exciting to watch. Divvy competes in what we call the corporate spend market with a few other unicorns, including Ramp and Brex. Now with Divvy taken off the table, the pair of competitors are differentiating in a f...
May 21, 2021
As Zynga impresses, rival mobile-gaming shop Jam City looks to list via SPAC While it would be nice to write about something other than yet another tech company looking to list via a SPAC, the deals keep dropping, so our more traditional fare of covering startup trends will remain on hold for at least one day more. This morning, we’re looking at the Jam City deal to merge with DPCM Capital. Jam City is a bit like Zynga, but unless you are a mobile-gaming aficionado, you might not have heard o...
May 21, 2021
June 16 – 3pm ET/12pm PT Marlon Nichols is the founding partner at MaC Venture Capital and has invested in companies like Gimlet Media, MongoDB, Thrive Market, PlayVS, Fair, LISNR, Mayvenn, Blavity and Wonderschool. Chris Bennett, Wonderschool founder, will join Nichols on this episode of Extra Crunch Live to tell us about the Series A fundraising process and give feedback on live pitches from the audience. REGISTER HERE FOR FREE! Extra Crunch Live: Emergence and Retail Zipline June 23 – ...