Visa to acquire open banking platform Tink for more than $2 billion

Visa has announced plans to acquire Tink for €1.8 billion, or $2.15 billion at today’s exchange rate. Tink has been a leading fintech startup in Europe focused on open banking application programming interface (API). Today’s move comes a few months after Visa abandoned its acquisition of Plaid, another popular open banking startup. Originally, Visa planned […]

This QR code startup just raised $5 million co-led by Coatue and Seven Seven Six

Amazon revolutionized one-click shopping, and it has a nearly $2 trillion market cap to show for the effort. Now, a 10-person startup founded by JD Maresco, who previously cofounded the public safety app Citizen, says it plans to make it a lot easier for retailers who sell directly to their customers to make re-ordering their […]

6 strategies for running more effective startup board meetings

Sylvain Kalache Contributor Sylvain Kalache is the co-founder of Holberton, an edtech company training digital talent in more than 10 countries. An entrepreneur and software engineer, he has worked in the tech industry for more than a decade. Part of the team that led SlideShare to be acquired by LinkedIn, he has written for CIO […]

Before an exit, founders must get their employment law ducks in a row

Rob Hudock Contributor Rob Hudock is an experienced litigator focusing his 20-plus years in practice on helping companies recruit the best talent available while avoiding distracting workplace issues or lawsuits. Successfully selling a business has much to do with timing. For many entrepreneurs, it’s the high-stakes end game where they cash out and reap the […]

Autonomous trucking startup Embark to go public in $5.2B SPAC deal

Five-year old self-driving truck startup Embark Trucks Inc. said Wednesday it would merge with special purpose acquisition company Northern Genesis Acquisition Corp. II in a deal valued at $5.2 billion. Embark takes a different approach to autonomous trucking: As opposed to manufacturing and operating a fleet of trucks themselves, which is the route rival TuSimple […]

These Forge cofounders just raised $5 million to work on a new, still-stealth investing startup

Sohail Prasad and Samvit Ramadurgam are cofounders who met during Y Combinator’s 2012 summer batch and went on to cofound Forge, which helps accredited investors and institutions buy and sell private company shares and which most recently raised $150 million in new funding in May. Forge — originally known as Equidate —  has taken off […]

Extra Crunch roundup: SaaS founder salaries, break-even neobanks, Google Search tips

Usually, a teacher who grades students on a curve is boosting the efforts of those who didn’t perform well on the test. In the case of cloud companies, however, it’s the other way around. As of Q1 2021, startups in this sector have median Series A rounds around $8 million, reports PitchBook. With $100+ million […]

Investor Marlon Nichols and Wonderschool’s Chris Bennett on getting to the point with a pitch deck

Before our conversation on Extra Crunch Live, Marlon Nichols dropped a bomb on me. The MaC Venture Capital founding managing partner hadn’t actually seen Wonderschool’s original pitch deck before investing in the remote education startup. Our conversation with the company’s CEO, Chris Bennett was the first time he’d been through the seed-stage deck. Their partnership […]

Why Amazon should pay attention to Shein

Amazon commands a vast, dominating empire in the world of e-commerce. While its marketplace has proved a boon for businesses trying to get off the ground, many of the more successful companies are now looking beyond the e-commerce giant’s fences, spurred by a desire to compete on their own terms. This trend has mushroomed as […]

Dell Technologies, UserTesting, Movile, Pilot and oVice to offer mini master classes at TC Early Stage 2021

Hey, you there — early-stage founders. Yes, you. TC Early Stage 2021: Marketing & Fundraising, our mini master class in entrepreneurship, is right around the proverbial corner. And by mini we mean it’s just two days — July 8-9. There’s nothing mini about the expert advice, information and actionable tips you’ll glean from attending this […]