Author: TechBrunch
Dan Allred is the North American CEO of Liquidity Group. Allred is a fintech expert, with Silicon Valley Bank (SVB) where he worked for 20 years, most recently at Senior Market where he served as manager and head of domestic fintech operations. He is also a member of his FS Vector board of directors and an advisor to Modern Treasury. More posts by this contributor Essential tools modern CFOs need for growth-stage startups After spending several times, In my years leading the fintech division of Silicon Valley Bank and now as North America CEO of Liquidity Group, I've often come…
if someone can To make EV charging work, Buc-ee is a possibility. You may have heard of convenience store chains, but if you live outside of the southern United States, you may have never experienced one. And those are experiences. Buc-ee stores are respected throughout Texas for the cleanliness of their restrooms, the breadth and size of their food selection, and the ludicrously large number of pumps in most stores. Companies like Buc-ee have a lot to lose as the transition to electric vehicles continues. Most of the company's revenue comes from in-store sales, but the real draw is cheap…
Mediocre founders can't clearly articulate what's difficult about the problem they're trying to solve. I discovered something worrying Startup founders seem to think that running a startup is, in effect, a get-rich-quick method. Apart from the fact that that way of thinking is wrong and naive, I think there is something more insidious at work here. That's a fundamental misunderstanding of what startups are for. All businesses exist to exchange money for value. Your local lemonade stand will: Do you have a dollar and you're thirsty on a hot summer day? You can trade that dollar for a drink (if…
when you think When you think of Comcast, you probably think of cable and internet services, but it also owns NBCUniversal. Along with that comes considerable sports coverage, including the Olympics, NASCAR, WWE, and PGA, to name a few. As such, Comcast has an incentive to drive innovation in the way sports are covered and consumed. In 2020, the company decided it needed a way to support startups implementing disruptive sports-related technology. The Comcast NBCUniversal SportsTech Accelerator was born with a vision to find startups that bring innovation to sports league partners, while also providing startups with access to his…
global venture funding Crunchbase data shows a pretty bleak picture of late, with investment declining in the third quarter despite a late-game rebound from big AI deals. And this story is no different for SaaS startups. Net new SaaS sales in May were down from a surge in the first quarter, but churn rates worsened due to reduced intercompany budgets and higher borrowing costs. At the same time, extension rounds, a key indicator of the overall health of the sector, declined. U.S. VC SaaS follow-on activity rose from a high of $9.7 billion in 270 deals in March to a…
Monday.com launches more Ten years ago, we wanted to help companies build flexible business toolsets for CRM, marketing, operations, HR, and more that were built in a customized way that couldn't be found out-of-the-box. Not only did companies love the flexibility, they found that they were pushing the boundaries beyond the ability of the underlying database technology to continue handling all use cases. So the company began looking for a successor. With a myriad of off-the-shelf database choices, you might think finding the right one is just a matter of time and testing, but it's worth considering some options and…
When Atlassian announced Last week, the company announced its intention to acquire video messaging app Room for $975 million, but it's easy to think the former unicorn is undervalued. But comparing 2021 valuations to 2023 realities, when the dynamics between investors and their portfolio companies have changed dramatically, is not a fair way to look at recent deals. . After all, Loom is still selling for just under $1 billion, which isn't a terrible return on investment for a company that has raised just over $200 million (according to Crunchbase). Granted, this isn't the $1.53 billion figure we saw in…
in another sign As the market for technology deals continues to gain momentum, Cisco last month announced its intention to acquire Splunk for $28 billion. The network company is spending a significant portion of its market capitalization on this deal, and while Splunk shareholders welcome the deal and the premium it may bring to their stock, as long as the stock price is any indication, Cisco shareholders seem less enthusiastic. . From a strategic perspective, the deal is a major win for both teams, particularly as it brings together Splunk's cybersecurity and Cisco's AI and data management capabilities applied to…
All your business needs Understanding how to create compelling products and identifying where your product fits in the market is critical to your strategy to provide products that keep customers coming back. However, all this can be very difficult to understand, especially if you are an entrepreneur new to the game. Each year, TechCrunch selects the top 200 early-stage founders from around the world to be featured at TechCrunch Disrupt in San Francisco. As part of the program, we will also host masterclasses with industry experts and venture investors to provide tactical advice and insight to these founders. This is…
Garth Griffin Contributor Garth Griffin is the co-founder and CTO of Gigasheet, a web-based, no-code big data spreadsheet tool. He is a pioneering data scientist and a respected member of Sigma Xi, the Scientific Research Honor Society. Since its release Technology leaders are rushing to follow the ChatGPT conversation. Everywhere you go, another company is touting its pioneering AI capabilities. But real business value comes not just from using hot technology, but from delivering product features that matter to users. By starting with fundamental principles of what users want from a product, building AI capabilities that support that vision, and…