In terms of information gadgets that we love at TechCrunch, IPOs rank fairly darn excessive. One other nice newsy bit that comes alongside much less incessantly than we’d like is a startup shopping for one other startup. These offers are sometimes very fascinating as they both convey a gob of expertise, or expertise to an already rising firm, doubtlessly accelerating it.
So it was with pleasure that the Equity Podcast crew dug into Automattic buying Beeper for $125 million. Recall that the WordPress mother or father firm bought Texts.com last year for $50 million. Elsewhere in deal-land, Proton bought Standard Notes, and we not too long ago mentioned the Wonderschool-Early Day purchase. Extra, please!
Within the Offers of the Week column, Mary Ann chose Payjoy’s massive new run rate, whereas Alex needed to riff on the Proxima Fusion round that would assist convey the subsequent power revolution somewhat bit nearer to actuality.
To shut out, we checked out Anna Heim’s latest on Y Combinator’s evaporating number of collaborating startups from Latin America, which we posit may have one thing to do with fintech falling out of favor with buyers — and fintech being the startup class that we most related to Latin America founder exercise.
Not that fintech is useless, removed from it. However definitely we’re an ocean or two away from the heady days we noticed again in 2021. Fairness is again Monday morning to kickstart your week! We’ll see you then!
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