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September 18, 2020
Are high churn rates depressing earnings for app developers?

Jacob Eiting Contributor Share on Twitter Jacob Eiting is CEO of RevenueCat, a platform for managing cross-platform in-app purchases, products and subscribers and analyzing in-app-purchase data. Ever since Apple opened up subscription monetization to more apps in 2016 — and enticed developers with an 85/15 split on revenue from customers that remain subscribed for more […]

Vía: TechCrunch Startups

September 18, 2020
Amid layoffs and allegations of fraud, the FBI has arrested NS8’s CEO following its $100+ million summer financing

The tagline from today’s announcement from the United States Attorney’s office for the Southern District of New York says it all: “Adam Rogas Allegedly Raised $123 Million from Investors Using Financial Statements that Showed Tens of Millions of Dollars of Revenue and Assets that Did Not Exist.” Rogas, the co-founder and former chief executive and […]

Vía: TechCrunch Fundings Exits

September 18, 2020
Amid layoffs and allegations of fraud, the FBI has arrested NS8’s CEO following its $100+ million summer financing

The tagline from today’s announcement from the United States Attorney’s office for the Southern District of New York says it all: “Adam Rogas Allegedly Raised $123 Million from Investors Using Financial Statements that Showed Tens of Millions of Dollars of Revenue and Assets that Did Not Exist.” Rogas, the co-founder and former chief executive and […]

Vía: TechCrunch Startups

September 18, 2020
The stages of traditional fundraising

John Biggs Contributor Share on Twitter John Biggs is a former TechCrunch editor and is currently the editor-in-chief of Gizmodo. He’s started and run a number of startups. More posts by this contributor GBatteries let you charge your car as quickly as visiting the pump The new TAG Heuer Carrera Calibre Tourbillon Nanograph is a […]

Vía: TechCrunch Startups

September 18, 2020
Chime adds $485M at a $14.5B valuation, claims EBITDA profitability

In the midst of IPO week we have to add another name to our future debuts list, namely Chime, which announced a huge new round of capital today. The $485 million Series F values the consumer fintech giant at $14.5 billion, a huge figure given that Chime was most recently worth $5.8 billion after raising […]

Vía: TechCrunch Fundings Exits

September 18, 2020
Chime adds $485M at a $14.5B valuation, claims EBITDA profitability

In the midst of IPO week we have to add another name to our future debuts list, namely Chime, which announced a huge new round of capital today. The $485 million Series F values the consumer fintech giant at $14.5 billion, a huge figure given that Chime was most recently worth $5.8 billion after raising […]

Vía: TechCrunch Startups

September 18, 2020
It’s game on as Unity begins trading

Unity Software, which sells a game development toolkit primarily for mobile phone app developers, raised $1.3 billion in its initial public offering. The company, which will begin trading today with the ticker symbol “U,” priced its shares at the top end of its expected range, selling 25 million shares at $52 per share. The company’s […]

Vía: TechCrunch Startups

September 18, 2020
It’s game on as Unity begins trading

Unity Software, which sells a game development toolkit primarily for mobile phone app developers, raised $1.3 billion in its initial public offering. The company, which will begin trading today with the ticker symbol “U,” priced its shares at the top end of its expected range, selling 25 million shares at $52 per share. The company’s […]

Vía: TechCrunch Fundings Exits

September 18, 2020
Outschool, newly profitable, raises a $45M Series B for virtual small group classes

Outschool, which started in 2015 as a platform for homeschooled students to bolster their extracurricular activities, has dramatically widened its customer base since the coronavirus pandemic began.The platform saw its total addressable market increase dramatically as students left campus to abide by COVID regulations instituted by the CDC. Suddenly, live, small-group online learning classes became […]

Vía: TechCrunch Startups

September 18, 2020
What makes Checkout.com different from Stripe

While Checkout.com has kept a low profile for many years, the company raised $380 million within a year and reached an impressive valuation of $5.5 billion. It wants to build a one-stop shop for all things related to payments, such as accepting transactions, processing them and detecting fraud. You might think that it sounds a […]

Vía: TechCrunch Startups