valuations

Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, subscribe here. We love a counternarrative angle these days, and this week’s choice is a look into why lower valuations may actually be a good thing for startups these days. In the past few months, both Stripe and Instacart have seen their internal valuations updated in a 409A appraisal process. The startups saw their valuations being slashed by 28% and 38%, respectively, as a result of the…

Indian online education provider Byju's is struggling to close a funding round of $800 million (roughly Rs. 6,360 crore) as a global technology rout weighs on valuations.Investors including Sumeru Ventures and little-known firm Oxshott haven't transferred about $250 million (roughly Rs. 2,000 crore) of the targeted amount because of “macroeconomic reasons,” a Byju's spokeswoman said Monday without elaborating. The two firms should come through by the end of August, she added. Founder Byju Raveendran however has completed…

Happy Monday. It’s Independence Day here in the United States, which means that much of TechCrunch is on holiday. But as last week came to a close, several important pieces of data dropped that are worth our consideration. Let’s not let that opportunity pass, day off or not. (Also, this is the last day of our Fourth of July sale, so, you know, feel free to contribute to, ahem, TechCrunch’s financial independence as well!) The bits of data that came out on Friday included Klarna’s potentially…

Frederik Mijnhardt Contributor Frederik Mijnhardt is the CEO of Secfi, an equity planning platform for startup executives and employees. More posts by this contributor Inside Secfi’s 2021 state of stock options equity report Last year was a great one for startups. It was a record year for companies going public, valuations for pre-IPO companies were skyrocketing, and fundraising also shattered records. But 2022 is going to be…

Tech valuations have been whipsawed by rising interest rates, steep inflation and economic uncertainty—but not so much in enterprise software. Demand is holding steady as businesses continue to reorient themselves around cloud computing and data, CIOs say.Information-technology companies including International Business Machines Corp., Hewlett Packard Enterprise Co. and Oracle Corp. have shown resilience amid a rout in technology stocks. All three have so far…

Reuters: A growing number of Chinese tech startups are going public in China at valuations lower than in their private rounds; STAR Market is down nearly 30% in 2022 — A growing number of Chinese tech start-ups, once the darlings of equity markets, are willing to list shares publicly in China … Reuters: A growing number of Chinese tech startups are going public in China at valuations lower than in their private rounds; STAR Market is down nearly 30% in 2022 — A growing…