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Hello and welcome to the Daily Crunch on Monday, March 21, 2022! Short and sweet TODAY: stay tuned for our latest additions, Excellent Jacqueline Melinek, who joined the gaming-updates+ team as Senior Crypto Reporter. We are so happy to have him on board! I Alex
Vanity Kip top 3
- Tech genius flees Russia: As the Russian invasion of Ukraine continues, tech companies of all sizes are trying to figure out how to manage their operations and staff. gaming-updates spoke to several founders and investors about how they are coping with the crisis. The bottom line is that the Russian tech industry has become a pariah in terms of venture capital, and very little human capital is willing to live within its borders.
- Which SaaS company is next? After news that PE retailer Thoma Bravo would contribute over $10 billion to financial planning software company Anaplan, gaming-updates wanted to know who might be next. With a large number of software companies facing valuation discounts in recent months and massive private investment, are we heading for a deal?
- The ramp rises (again): The startup battle to dominate the corporate spending market is big, expensive, and fast-paced. From today’s news, I infer that Ramp raised more capital at a higher price last year and increased revenue by almost 10 times. Like the air base, Breaks is also busy in space.
Startups and venture capitalists
Startup news of the day, report… not about startups. Instead, let’s talk about India’s cryptocurrency tax changes, which the effect A large number of startups in the country. gaming-updates reports that “India’s proposed tax law on virtual digital assets will not allow individuals to offset losses from one asset with gains from another.” As you can imagine, news is not welcomed in many circles.
- Tire company invests in autonomous shuttle startup I love this story. First, who thinks of tire companies when it comes to investing in startups? Never mind, Bridgestone bought part of May Mobility, a Michigan startup working on unmanned passenger vehicles.
- Gamma wants you to cherish the rays of the sun: Chhaya Pal is the protagonist of science fiction. I’ve just finished reading a whole novel that flips their helpful way around the zeros. Either way, the startup wants to make the concept more commercially viable, which is why French startup Gamma just raised $2 million.
- Plotlogic wants to change the concept of mining: The spectrum of visible light – at least for humans – is accurate but incomplete. There is more to see. PlotLogic wants to bring this concept to mining with a “hyperspectral image”. If technology can make mining more efficient, it can reduce our carbon footprint, right?
- Finally raised $95 million for its SMB financing package: It’s all fintech, so it won’t surprise you that FINALLY, which provides accounting and other software products for SMEs, is in the process of launching a lending product. Everyone collects data. Data empowers acceptance. So expect your supermarket to offer you revolving credits soon based on the grain you buy.
- Today at Unicorn: Another day, two more unicorns. Today, it’s a nine-figure round for CommerceIQ for an e-commerce software it claims can drive real sales growth, and Glia, which we call an AI-based CRM solution provider that just launched, has raised $45 million. Estimated around $1 billion.
To wrap up our startup review today, not all startups aim to make money, and some have more missionary goals than growth goals. This may be the case with UK accelerator Subak’s latest group, the six companies in the 2022 group, which we describe as “data for climate, not profit.” It’s always interesting to see the latest, smaller companies.
Why So Many SaaS Companies Are Launching Their Own Media Operations
Content as a service?
In recent years, Salesforce, Hubspot, Shopify, and other large enterprises have begun expanding their own media operations.
The Internet audience is used to consuming quality videos, podcasts, infographics and other media. As a result, a simple blog post lost its luster a few years ago, as reporter Ron Miller discovered. To find out what startups can learn from the new SaaS approach to content marketing, they interviewed several analysts and experts.
“As a CMO, I have to ask myself how I can reach this audience,” said Robert Rose, founder and principal analyst at The Content Advisory.
“I can either keep renting it through the access that Facebook or Google gives me, which are becoming more and more walled gardens, or I can start building it myself or get it.”
(gaming-updates+ is our membership program that helps founders and startup teams grow. You can sign up here.)
Big Tech Inc.
- E-commerce Growth Slows Globally: Tracking the growth of global e-commerce in 2020 was just the latest gain, but 2021 has brought a more sober picture of the digital commerce market. One, according to public companies, is slowing down. The growth of startups in space is still there, but less than before.
- Zomato wants to implement 10-minute delivery: The competition for faster access to consumer goods and food is global. Zomato from India plans to launch a service called Zomato Instant. OK. We wonder if the costs of operating the company will be justified in terms of customer value.
- Tesla Unveils News Master Plan: CEO Elon Musk announced today that the company that builds the world’s most famous electric vehicles has a new long-term plan. According to a prominent Twitter user, Tesla’s plan themes include “scaling to enormous proportions,” including space rockets and other things like drilling through the Earth. Recently added a shout out at the transit desk, Jacqueline TropeFor that.