valuation

  • Squarespace reportedly raises about $200 million at a $1.7 billion valuation

    Squarespace reportedly raises about $200 million at a $1.7 billion valuation

    Squarespace, the 14-year-old platform that makes it easy for essentially anyone to build their own website, is raising about $200 million from General Atlantic, valuing the company at a $1.7 billion valuation, Bloomberg reports. The plan with the funding is to buy stock from early employees and investors, giving them a way to cash out if they’re not trying to wait around for an IPO. Read More

  • Crunch Report | Lyft Raises $1 Billion

    Lyft raises $1 billion at an $11 billion valuation, Swedish lock maker Assa Abloy acquires August Home, MongoDB up 34% on stock market debut and Facebook is testing paywalls for Instant Articles. All this on Crunch Report. Read More

  • Building a Series A SaaS valuation estimator (2017 edition) Crunch Network

    Building a Series A SaaS valuation estimator (2017 edition)

    I have financed nearly 50 early-stage companies and the question of proper valuation comes up in every financing. There is the obvious tension: Generally speaking, the existing shareholders would like the highest valuation possible, while the new investors would prefer the lowest. For founders, understanding how VCs look at valuation is critical for a successful fundraising process. Read More

  • Delivery Hero’s valuation surpasses $5B following successful IPO

    Delivery Hero’s valuation surpasses $5B following successful IPO

    Delivery Hero’s valuation topped $5 billion after the food delivery firm went public in a listing on the Frankfurt stock exchange. The listing, announced earlier this month, came at a €25.50 share price, at the top of its pricing range. The share price quickly rose to reach as high as €26.90 — or up 5.5 percent — on the first day of trading, according to Bloomberg. Read More

  • Crunch Report | 20 People Fired at Uber

    Bozoma Saint John leaves Apple for Uber, 20 people get fired at Uber over sexual harassment, Amazon discounts Amazon Prime for the less fortunate and Pinterest passes a $12 billion valuation. All this on Crunch Report. Read More

  • Everyone got into the tech M&A game in 2016

    Everyone got into the tech M&A game in 2016

    Neither public markets nor tech giants offered any solace in 2016 for the ever-growing list of private unicorns. There are 180 tech companies circling the runway with valuations over $1 billion, the most in history. While interest in an all-expenses paid trip to the NYSE valuation guillotine was at an all-time low, non-traditional Fortune 500 companies did pluck a lucky few from the skies at… Read More

  • Anti-aging pill startup Elysium Health inks at least $20 million in Series B funding

    Anti-aging pill startup Elysium Health inks at least $20 million in Series B funding

    Elysium Health markets a pill formulated with ingredients it says will keep you feeling young and, according to a source close to the matter and documents obtained by TechCrunch, the startup has closed on $20 million in Series B financing at what we’re told is a $157 million valuation led by General Catalyst and participation from an ARCH Venture Partners investor. Reached for… Read More

  • Context is key for valuations Crunch Network

    Context is key for valuations

    For most of the past five years, investors in software companies prized revenue growth above all else. Investors were more than willing to overlook near-term profitability (or lack thereof) in favor of an acute focus on growth. As a result, entrepreneurs were encouraged to invest in building massive sales teams as quickly as possible to accelerate revenue growth, regardless of the cost. Read More

  • Valuation metrics show weakening for the fourth straight quarter

    Valuation metrics show weakening for the fourth straight quarter

    The law firm Fenwick & West quietly released its third-quarter venture capital survey this past Friday, and its findings aren’t exactly shocking. At the same time, they hint at problems to come for some startups. The survey, which analyzed the valuations and terms of financings for 149 Bay Area companies that raised capital in the third quarter, showed that 71 percent of those… Read More