The possibilities of Web3 are fascinating, although I will admit that the notion of public networks where everyone is presumed to be trustworthy is still a bit of a mind-bender.
Warby Parker makes it clear that direct listings are unicorn-friendly
Warby Parker not only listed, but did so at a price point that was above its final private-market valuation, and its shares appreciated rapidly during its first day of trading.
TechCrunch+ roundup: Creative capital, live-shopping strategy, new name + logo
Extra Crunch is now TechCrunch+. In addition to updating our name and logo, we’re offering military, student and government membership discounts and have expanded access to new regions. Also, Extra Crunch Live, our weekly video series with investors and founders, is now TechCrunch Live — and you don’t need to be a member to join […]
Can direct listings really fix the IPO pricing problem?
Even if you are tired of IPOs, the direct listings from Amplitude and Warby Parker warrant your attention.
Equity Monday: Instagram pauses youth product as Amplitude, Warby Parker prep public offerings
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You […]
Extra Crunch roundup: Pre-pitch tactics, Warby Parker S-1, Israel’s fintech ecosystem
Forget what you’ve heard: There are *many* shortcuts to success.
D2C specs purveyor Warby Parker files to go public
Warby Parker has two main sales channels, largely attractive economics, falling losses and rising adjusted profitability. You could even argue it handled the pandemic well. So what’s it worth?
BoxGroup closes on $255M across two funds to back startups at their earliest stages
BoxGroup has quietly, yet diligently, been funding companies at the early stage for over a decade. The 11-year-old firm in fact was the first investor in Plaid, a fintech company that nearly got sold to Visa last year for billions of dollars. It has seen a number of impressive exits over the years, proving an […]