2021-06-10
Interesting how VC funds in the US are expanding to emerging economies. Valar made its first investment in India few months ago by backing @velocity_in & now entered SEA. Other expansion deals: @redpointvc > @airmeet @RibbitCapital > @ajaib_investasi https://www.google.com/...
TechCrunch
Jakarta-based BukuWarung, which offers digital payments and a Shopify-like e-commerce platform for SMBs, raises $60M Series A led by Valar and Goodwater Capital
Catherine Shu / TechCrunch :
2021-03-29
That's some clinical scale up with right timing. While looking for opportunities, remember reaching out to folks at Ajaib, as the team looked really good & passionate. Best wishes to @ajaib_investasi Nice to see @RibbitCapital expanding to SEA as well. @mickymalka https://twitter.com/... https://twitter.com/...
TechCrunch
Ajaib, an Indonesian stock trading and investment app, raises $65M Series A extension led by Ribbit Capital, increasing the round's total to $90M
Catherine Shu / TechCrunch :
2021-03-15
As @eladgil says, when you look at the fund raise journey of any once in a generation company, every successive round feels cheap in hindsight. An upcoming trend that we should watch out for is the output of value per employee. Stripe at $95B has less than 4K employees. https://twitter.com/...
Financial Times
Stripe raises $600M from Sequoia Capital and others at a valuation of $95B, becoming the most valuable private company in Silicon Valley
Payments provider becomes Silicon Valley's most valuable private company — Stripe has become the most valuable private company Silicon Valley has produced …
2020-11-04
And, google had agreed to invest in @tokopedia , last month. Indonesia is becoming a top priority for tech giants for new growth & a lot of new startups are coming up from alums of Gojek & Grab. https://twitter.com/...
Bloomberg
Sources: Indonesian online marketplace Bukalapak raises $100M from Microsoft and others at a $2.5B-$3B valuation; Microsoft says it has partnered with Bukalapak
Bloomberg :
2020-08-13
Just terrible to be in this spot. But, would be great if they can still go public in Q3. A vaccine next year & pent up demand in travelling following that would be a great bet to take on this path. https://twitter.com/...
Bloomberg
Sources: Airbnb reported Q2 revenue of $335M, down from $842M in Q1 and over $1B in Q2 2019, as its adjusted loss rose to $400M, up from $341M in Q1
Bloomberg :
2020-07-22
Amazing story. If India lives on WhatsApp, then, Bangladesh is running on Facebook. Business are thriving in social commerce. Since, data isn't cheap, the telcos have taken a leaf out of India's old playbook & are offering cheap custom data packs for social media platforms. https://twitter.com/...
Rest of World
Bangladesh's economy relies heavily on Facebook, with ~300K stores offering “F-Commerce” amid an absence of global e-commerce players and online payment options
In Bangladesh, there is no Amazon. There is no eBay. If you want to buy a dress or a crested finch from the comfort of your home, you have to use Facebook.
2020-04-25
Great product. The final news should be in public within next 4 weeks. Interestingly, the startup is one of the leanest team (less than 350 employees) with such valuation/sales. I believe we are going to see more such metrics in coming times. https://twitter.com/...
The Information
Sources: cloud collaboration service Airtable is in talks to raise at least $50M at a valuation between $2.5B and $4B; Airtable was valued at $1.1B in 2018
Kate Clark / The Information : Tweets: @sehaj23 , @mdudas , @kateclarktweets , @amir , and @jessicalessin Tweets: Sehaj Singh / @sehaj23 : Great product. The final news should be ...
2020-04-19
Clubhouse has set Twitter on fire. https://twitter.com/...
TechCrunch
Spontaneous social apps that let users join video, voice, and chat rooms on a whim have become popular under lockdowns, like exclusive voice chat app Clubhouse
Forget the calendar invite. Just jump into a conversation. That's the idea powering a fresh batch of social startups poised … Tweets: @taylorlorenz , @bdsams , @ericbahn , @julia...