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It turns out fintech is worth as much as SaaS

TechCrunch

At $43 per share, Remitly is valued less like a fintech company with gross margins in the 50% to 60% range and more like a middle-tier public SaaS firm, flush with recurring revenues and net-dollar retention north of 100%. It’s just perhaps even better than that for fintech upstarts.

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How will investors value MetroMile and Oscar Health?

TechCrunch

There is something of a tale of two companies in Lemonade and Root, with the pair valued at divergent multiples and sporting very different post-IPO trajectories, at least concerning their value. Root Q3 2020 net loss: $85.2 Lemonade Q3 2020 net loss: $30.9 Root, Lemonade. million (impaired from $75.8 Premiums in force: $600.1

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Daily Crunch: Hackers pinched LastPass customers’ encrypted password vaults, parent company admits

TechCrunch

A VC’s perspective on deep tech fundraising in Q1 2023 Image Credits: Xi Huo (opens in a new window) / Getty Images Successful deep tech startups and SaaS companies generally reach billion-dollar valuations in the same time frame. You can’t do that : Spain’s delivery platform Glovo fined again for breaching labor laws , reports Natasha L.

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The Subtle Details of Livestreaming Prime Video with Embedded CDNs

Kentik

It has been interesting to observe how professional sports have moved the transmission onto the internet instead of requiring their viewers to sit at home and watch their TV. I remember watching the World Cup in football (aka soccer for you Americans) in 2018 on the internet — in the summer with open windows.

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From crypto trading and home workouts to EV batteries and microLED displays, CES’ Taiwan startups cover a wide range of tech

TechCrunch

It has collected hundreds of thousands of driver images to train its AI system’s deep neural net for analyzing driver behavior. Its solutions help brands develop their offline-to-online strategies, since many people go window shopping offline, checking out products before buying them online.

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Daily Crunch: WhatsApp extends its unsend time limit to ‘a little over two days’

TechCrunch

Watching startups play extreme hardball is our kind of spectator sport. Headed up by ‘Selling Sunset’ star Christine Quinn , the brokerage primarily serves high-net-worth clients who want to purchase property using cryptocurrency. Image Credits: erhui1979 (opens in a new window) / Getty Images. Startups and VC.

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Migrating to AWS Cloud Services

iTexico

Among its many qualities, it sports easy-to-use functionality, meaning almost anyone can use it to its fullest degree. When it comes to Windows applications, AWS currently runs two times more Windows Server instances than any other cloud providers. AWS prides itself on being ahead of the game. Replatform. Repurchase.

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