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Carbon Health lays off 8% of staff
The company noted the layoffs were the result of winding down certain business lines related to the pandemic and a shift to focus on profitability.
Daily Crunch: Samsung erases the Note, starts new page with Galaxy S22 Ultra phablet
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Why these Udemy execs left to build a better Udemy
Darren Shimkus spent five years scaling Udemy, a corporate learning business, from $1 million in annual recurring revenue to $100 million. Eight months before the education company went public, though
Spectrum Labs raises $32M for AI-based content moderation that monitors billions of conversations daily for toxicity
Two years into the pandemic, online conversations are for many of us still the primary interactions that we are having every day, and we are collectively having billions of them. But as many of us hav
The unbundling of professional learning and entrepreneurship education
While both LinkedIn and Y Combinator are still going strong, a new crop of companies are looking to fill the gap via structured online experiences that combine training and connections.
4 strategies for setting marketplace take rates
One of the most important things founders should remember is that maximizing the take rate of the platform is not the goal.
TechCrunch+ roundup: Yahoo leaves China, Nubank IPO, B2C expansion tips
After Nubank filed its F-1, Natasha Mascarenhas and Alex Wilhelm dissected the document to learn more about the operations of one of the world's largest startups.
Quick observations on Udemy’s unicorn edtech IPO
The Udemy IPO might seem like good news. After all, the company sold more than $420 million worth of its stock while going public at a price that surpassed its final private-market price. And yet.
Udemy targets valuation of $4B in major edtech IPO
Udemy's slowing revenue growth is not bullish for edtech valuations more broadly; the company's modest resulting revenue multiple is also somewhat beige.
TechCrunch+ roundup: VCs rate pitch decks, IPO analysis, Techstars’ expansion plans
No one’s going to tell you when your startup has reached product-market fit — there are no flashing lights, no siren, no balloons falling from the ceiling. “Especially for first-time founder
Community is the new AI
Natasha and Mary Ann and Alex were all aboard this week with Grace on the dials, which meant that we had a flat lovely time recording Equity for you. Of course, Equity is TechCrunch’s ventu
Udemy files to go public on back of growing B2B incomes
If we only valued Udemy on its business revenues, at its final private-market valuation, it would be worth 4.5x its Q2 2021 ARR. That's incredibly cheap.
What Rent the Runway’s IPO filing says about the business of loaner garments
Rent the Runway has a truly epic selection of items, and shopping for designer items at rental prices is good fun. But is it a good business?
Employers are consumer edtech’s next beta test
Entrepreneurs need to convince employers to turn to edtech for a solution more elusive than even education: motivation.
Udemy’s new president discusses the reskilling company’s future
Udemy, which launched more than a decade ago, has sold courses to 50 million students through its digital learning platform. But new president Greg Brown sees “exponential growth” opportunities in
Sounding Board raises cash as startups wake up to executive coaching
In an unprecedented work environment defined by distributed teams and virtual-only communication, two co-founders think their 2018 bet reigns truer than ever: mentors need mentorship, too. Christine T
As edtech grows cash rich, some lessons for early stage
Last week, Udemy, an online learning marketplace, raised $50 million at a $3.32 billion valuation, up from a $2 billion valuation earlier this year. Language learning app Duolingo raised $35 million o
3 new $100M ARR club members and a call for the next generation of growth-stage startups
Time flies. It was nearly a year ago that The Exchange started keeping tabs on startups that managed to reach $100 million in annual recurring revenue, or ARR. Our goal was to determine which unicorns
Online learning marketplace Udemy is raising up to $100M at a $3.32B valuation
Online education has been one of the hotspots in the tech world this year, as people turn to e-learning tools to fill in the gaps variously arising from closed schools, closed offices, social distanci
Udemy and altMBA co-founders return to edtech with a new, stealthy business
In 2009, Udemy co-founder Gagan Biyani tried to convince people to learn online through live classes. But what he discovered instead was that everyone wanted an online repository of content that allow