It was a tough day for special purpose acquisition companies, or SPACs, which had already fallen out of favor after roughly 18 months in the limelight. First, Senator Elizabeth Warren […]
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Back to news homeWhy 2022 insurtech investment could surprise you
A diverging insurtech market could injure many companies while others remain unscathed Alex Wilhelm Anna Heim 9 hours There were two markets for insurtech startups in 2021: one welcoming and […]
Backblaze’s IPO a test for smaller tech concerns
How open is the IPO market for non-unicorns? Alex Wilhelm 7 hours When Backblaze first filed to go public, TechCrunch found it a compelling company. With a central core of […]
It turns out fintech is worth as much as SaaS
Fintech startups are having one hell of a week. On the heels of Boston-based software-and-payments company Toast’s strong IPO pricing, Remitly priced shares in its own debut above its proposed […]
What to make of Freshworks’ first IPO price range
Two major private tech companies announced IPO price ranges this morning, with Toast targeting a market value of nearly $18 billion at the top end of its range and Freshworks […]