Remove .Net Remove 2021 Remove Metrics Remove Performance
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Will ride-hailing profits ever come?

TechCrunch

Along the way we’ll talk BS metrics and how firing a lot of people can cut your cost base. So, if investors get what Uber promises, they will get an unprofitable company at the end of 2021, albeit one that, if you strip out a dozen categories of expense, is no longer running in the red.

.Net 302
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Honeycomb scores $50M investment as observability platform thrives

TechCrunch

As the world shifted from applications performance monitoring to observability, Yen says Honeycomb was at the forefront of this shift. I think our stand-up metric here is that our net revenue retention is over 160%. The company’s most recent investment prior to this was another $50 million in 2021 led by Insight.

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Coinbase’s monster Q1 in context

TechCrunch

In the first quarter of 2021, American consumer cryptocurrency trading giant Coinbase grew sharply, generating strong profits at the same time. For Coinbase, the disclosure of its preliminary Q1 2021 results comes a week ahead of its direct listing, an event that will see the company begin to trade publicly. million, up from 2.8

Metrics 247
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Atrium grabs fresh capital to help sales teams meet their quota

TechCrunch

With sales teams now operating remotely, it is even harder to monitor how well they are performing. At the same time, people are having to do much of the performance analysis manually when software could be used to solve that. The latest round of funding comes nearly a year after Atrium raised $13.5 million in seed funding.

Meeting 236
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Oscar Health’s IPO filing will test the venture-backed insurance model

TechCrunch

The company claimed 529,000 “members” as of January 31, 2021. So, how did the company perform in 2020? Here are its 2020 metrics, and their 2019 comps: Total premiums earned: $1.67 Net premium earned: $455 million (-3% from $468.9 billion (+61% from $1.04 Premiums ceded to reinsurers: $1.22

Insurance 246
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ConocoPhillips enlists 3D printing for supply efficiencies on Alaska’s North Slope

CIO

Mathur, who held tech chief roles at Staples and Biogen before coming to ConocoPhillips in 2021, is referring to Carlo De Bernardi, a principal engineer at ConocoPhillips responsible for scaling the company’s adoption of 3D printing. And the new plugs [produced via 3D printing] perform just as well, if not better,” says De Bernardi.

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Justworks files to take its SMB-focused, HR-themed SaaS business public

TechCrunch

With Samsara closing out 2021 and Reddit set to ensure fireworks, we might be content. Today, we’ll dig into Justworks’ business, its economic performance and what it might be worth. Finally, does Justworks have attractive net retention metrics? (In The early 2022 IPO cohort is beginning to take shape.

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