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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

<== Our conclusion was that this isn’t a temporary blip that will swiftly trend-back up in a V-shaped recovery of valuations but rather represented a new normal on how the market will price these companies somewhat permanently. We’ll just wait until companies that last raised in 2019 or 2020 come to market.”

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Shareholders approve Bird-SPAC merger, stock promptly falls

TechCrunch LA

That’s precisely what the company will be worth in light of Switchback II’s share price declines, but the number could be lower than the headline figure from early merger disclosures. For example, Bird had gross margins that were negative in 2018, 2019 and 2020. billion for Bird when it began to trade.

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Fintech giant Klarna raises $639M at a $45.6B valuation amid ‘massive momentum’ in the US

TechCrunch LA

Just over three months after its last funding round, European fintech giant Klarna is announcing today that it has raised another $639 million at a staggering post-money valuation of $45.6 In all of 2020, it processed $53 billion in volume. March 2021 also represented a record month for global shopping volume with $6.9

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Max Q: SpaceX gets ready for first human flight

TechCrunch LA

This week turned out to be a surprisingly busy one in space news — kicked off by the Trump administration’s FY 2021 budget proposal, which was generous to U.S. Satellite internet startup Astranis has raised a $90 million Series B funding round, which includes a mix of equity ($40 million) and debt facility ($50 million).

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Nothing negative about Positive Food’s meal expansion plan after $7M investment

TechCrunch LA

providing freshly packaged salads, heat-and-eat prepared meals and vegan overnight oats, raised $7 million in funding as it goes after the $34 billion fresh prepared foods market. We gained sort of a cult following because we had healthy meals at an accessible price point.”. Positive Food Co.,

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The New Style of Startup Vision: Smaller But Sharper?

Tech.Co

. “Marshmallow first began by providing car insurance cover for UK-based expats, a group who had historically been quoted insurance prices that were 51% higher than the market average. ” Sharper Startup Focuses Warrant Investment. Data, insurance premiums, and accurate risk assessments don't typically get the pulses racing.

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Max Q: A SpaceX spin-out sounds great

TechCrunch LA

NASA could get significantly more funding than it did in 2020 for its fiscal 2021 operating year, with the bulk of a proposed $3 billion increase earmarked for development of human landers to be used in the Artemis program. Register for TC Sessions: Space 2020. Trump administration asks for $3B NASA budget boost.

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