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Daily Crunch: Expensify’s hacker approach to enterprise software is paying off 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. Today as we dig deep into Expensify, its history and its current ramp toward the public markets after reaching $100 million in ARR, a quick note on where we are in the world of exits. If you are bored of IPOs, consider it a luxury. For years, the unicorn market was all hype and no liquidity. But in the last year or so, the public market has been a welcome and lucrative exit path ...

Take your shot and apply to compete in Startup Battlefield at TC Disrupt 2021 Startup Battlefield, the world’s preeminent pitch competition, has launched hundreds of startups over the years — 922 if you want to be a stickler about it. The next Battlefield takes place at TechCrunch Disrupt 2021 on September 21-23. Yup, that sound you hear is opportunity knocking. If you want a shot to compete against some of the most innovative early-stage startups in the world, apply to Startup Battlefield here before the application window closes on May 13 at 11:59 pm (PT). Still need a nudge? Keep read...

Discover the hottest startups through our late-stage deep dives (EC-1s) Build a better startup with fundraising, growth and workforce advice from experts Improve your pitch with weekly Extra Crunch Live sessions, and watch event replays through our on-demand video library Browse TechCrunch distraction-free with a lighter ad experience Annual members get discounts on software from partners and can save 20% on TechCrunch event tickets Since launching Extra Crunch, we’ve published thousands of articles on startup investment trends, fundraising, late-stage startups and more. Please consider jo...

The Expensify EC-1 Let’s make it clear from the outset that this story is about an expense management SaaS business called Expensify. As you’d expect, yes, this is about the expense management market and how Expensify has grown, its technology and all of that. Normally, that would make us change the channel. But this is also a story about pirates; peer-to-peer hackers who asked, “Why not work from Thailand and dozens of countries across the globe?” and actually did it using P2P hacker culture as a model for consensus-driven decision-making — all with pre-Uber Travis Kalanick in a g...

Daily Crunch: A huge fintech exit as the week ends 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. Our thanks to everyone who wrote in this week about the format changes to the newsletter! Feedback largely sorted into two themes: Some people really like the more narrative format, and some folks really want a more link-list styled missive. What follows is an attempt to balance both perspectives. Starting today we’ll bold company names, so that you can more quickly pick out startups, add more bulleted poin...