Fashion rentals marketplace Rent the Runway was hit hard by the pandemic, as its subscribers were largely renting outfits to wear to in-person events. The company survived, however, by slashing costs,
With the apparent demise of Bolt Mobility, the divide between technology businesses and those that are merely tech-enabled is back at the forefront of our minds.
Queenly, a startup building a garment marketplace aimed at dressing women for formal events, announced this morning that it has purchased Mi Padrino, a company built to serve the quinceañera market.
Fashion rental platforms had a tough time during the pandemic as in-person events evaporated and office workers ditched their smarts to collectively slip into comfy loungewear. But as the pandemic rec
The ability to quickly spin up a team and launch something is clearly the core of what makes startupland so special (and, candidly, fun to write about).
Getting a nearly 9x revenue multiple for running a food business is wildly good. That's what, 2015 software prices for salads? How can we call it anything but a win?
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Runway, a startup that emerged from the challenges that faced Rent the Runway’s first iOS team, is now exiting beta and launching its service that simplifies the mobile app release cycle —
Rent the Runway is more than 10 years old now and has raised upwards of $500 million, recently filing to IPO at a valuation north of $1 billion. Jenny Fleiss is a co-founder at Rent the Runway and sit
Sweetgreen's IPO pricing is fascinating because it fits neatly into our budding thesis regarding the value of tech-enabled companies when they go public.
We’ll have a clearer view of 2021 when all the data trickles in after the conclusion of Q4, but it’s clear that female-founded startups are having a better year than they did in 2020.
Allbirds' IPO pricing backs up our view that tech-enabled unicorns going public can hope for an upper-single-digit revenue multiple provided they can make a good case to public market investors.
Is Southeast Asia about to hit an inflection point for tech startups? Four hundred million people in the region already use the internet, but by year’s end, one estimate suggests that 80% of the
We can put a value on NerdWallet's business of as much as $1.25 billion. That must be more than $1 per word that NerdWallet has published, implying a pretty good return on scribbling.
Allbirds gave us pricing information for its IPO this week, providing another window into the world of tech-enabled valuations.
We can't help but read Rent the Runway's IPO pricing as not only good news for unicorns, but also for tech-enabled unicorns.
Early-stage entrepreneurs eager to ship usually spend more time calculating their startup’s burn rate than selecting an optimal development environment. As a result, technical debt can accumulate.
If we make critical remarks about Rent the Runway's business, we're not mocking the market demand it is working to meet. We're noting that it is perhaps undercharging, which makes some numbers wonky.
At $11.7 billion, GitLab would be worth around 50x its current annualized revenue run rate.
Hello and welcome back to Equity, TechCrunch’s venture capital focused podcast where we unpack the numbers behind the headlines. This is our Wednesday show, the time of the week when we niche down t