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by Our Source | Jan 3, 2021 | Startups
The rest of the world may be slowing down as we prepare for Christmas and the new year, but we are not taking our foot off the gas. Alex Wilhelm keeps a close watch on the public markets in his column The Exchange, but this week, he branched out to look at some of the...
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by Our Source | Jan 3, 2021 | Startups
Rebecca Honeyman Contributor Silicon Valley has a unicorn problem. While no one is calling for startups with high valuations to go extinct, there ought to be a lot fewer of them. At least that’s what many young founders have concluded after looking at the trials and...
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by Our Source | Jan 3, 2021 | Startups
Today Bumble, a popular dating-focused startup, was reported by Bloomberg to have filed IPO documents, albeit privately. The news that Bumble is pursuing an IPO is not a surprise. TechCrunch covered the story in September, noting the huge revenues that its rival...
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by Our Source | Jan 3, 2021 | Startups
Liberis, the U.K.-based fintech that provides finance for small businesses as an alternative to a traditional bank loan or extended overdraft, has replenished its own coffers with £70 million in funding. The round is a mixture of equity and debt, although the company...
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by Our Source | Jan 3, 2021 | Startups
You’ve heard of challenger banks? Now meet the challenger energy suppliers. The U.K.’s Octopus Energy has attained a $2.06 billion valuation (£1.5 billion) after attracting a $200 million (£150 million) investment from Tokyo Gas, for a 9.7% stake, in order to launch a...
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by Our Source | Jan 3, 2021 | Startups
The rivalry between China’s top online learning apps has become even more intense this year because of the COVID-19 pandemic. The latest company to score a significant funding round is Zuoyebang, which announced today (link in Chinese) that it has raised a $1.6...
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