Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter for your weekend enjoyment.
What happens when Wall Street falls out of love with your sector?
Either the neoinsurance companies’ long-term models will come to fruition thanks to large cash balances providing runway to prove their point, or Wall Street is correct — they were always overvalued.
What happens when Wall Street falls out of love with your sector?
Either the neoinsurance companies’ long-term models will come to fruition thanks to large cash balances providing runway to prove their point, or Wall Street is correct — they were always overvalued.
New York City’s enterprise tech startups could be heading for a superheated exit wave
All told there were 22 venture rounds for New York City enterprise startups worth $100 million or more in H1 2021. How did they raise so much?
The China tech crackdown continues
We should expect more of the same from the Chinese government: More complaints about the impact of “excessive” capital in its industries, more tumbling share prices and more held IPOs.
A lot of cash and little love: An insurtech story
The players in the space that we can name and track are generally cash-rich and market-sentiment poor.
Do bronze medals ever make sense for unicorns?
When should a startup decide to cease its efforts to challenge leading players in a specific market?
How public markets can help address venture capital’s limitations
“Draper Esprit’s model enables it to deploy them right back into new investments, ensuring more of Europe’s best startups can raise funding.”
Why Square is shelling out $29B to snag BNPL player Afterpay
With PayPal, Klarna, Afterpay, Affirm and a host of smaller BNPL providers proving that customers like fee-based installment loans for online purchases, Square had to join the fight or miss a trick
Robinhood’s CFO says it was ready to go public
Robinhood says it went public because it was ready. And our read of the markets is that it’s an appealing time for high-growth tech companies with a history of losses to do so. Yet it’s underwater.