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Top related persons:
— - 1 Lago - 1 Swan - 1 Matt Turck - 1 Chuong - 1 Turck - 1
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Paris Lago Europe
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Service - 1 Business - 1 FirstMark - 1 New - 1

Search resuls for: "Turck"


5 mentions found


☆ Buzzy Y Combinator-backed billing startup Lago has raised $22 million with this 22-slide pitch deck
  + stars: | 2024-03-14 | by ( Callum Burroughs | ) www.businessinsider.com   time to read: +2 min
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewLago, a French startup that offers open-source billing software, has raised $22 million. Founded in 2021, Lago utilizes the open-source community to help businesses like Mistral, Together AI, and Swan manage their payments and billing needs. AdvertisementIn addition, Lago, which has around 30% of its business in the US, will begin to scale out its offering outside of Europe. Lago believes its flexibility around infrastructure will help it win more clients globally as businesses look to create more customizable revenue stacks.
Persons: —, Lago, Swan, Matt Turck, Chuong, Turck Organizations: Service, Business, FirstMark, New Locations: Paris, Lago, Europe
☆ Welcome to the final phase of software eating the world. SaaS companies beware, you're on the menu this time.
  + stars: | 2023-05-22 | by ( Stephanie Palazzolo | ) www.businessinsider.com   time to read: +7 min
This could disrupt the way software is created, distributed, and used, VCs and startup founders say. This outcome would flip the traditional software industry on its head, calling into question the value of SaaS companies in a world where everyday people can build software themselves. "This is the final chapter of software eating the world, where a bunch of people can create enterprise software within the enterprise." A 'healthy pressure' for traditional SaaS providersTo be sure, the death of the traditional software company still seems a long way off. However, even skeptics admit that the threat of generative AI to traditional SaaS will push established software companies to prove their worth.
☆ Panic and recrimination: Inside Silicon Valley's first real financial crisis
  + stars: | 2023-03-16 | by ( Samantha Stokes | Ben Bergman | April Joyner | ) www.businessinsider.com   time to read: +21 min
Greg Becker, who was the longtime CEO of Silicon Valley Bank, pictured last year. "Looks like Silicon Valley Bank is in some deep shit," Uncommon Capital general partner Jamie Quint tweeted. Startup founders scrambled to get their funds out of Silicon Valley Bank after its collapse. Andreessen Horowitz announced this week that it will continue banking with Silicon Valley Bank "for the foreseeable future" but is crafting a longer-term plan to diversify. Even so, he added, "I think we'd be supportive, as they stabilize, for them to be one of many partners that our founders bank with."
☆ New York Venture Seed Funding Fell in Fourth Quarter
  + stars: | 2023-02-01 | by ( Isabelle Bousquette | ) www.wsj.com   time to read: +4 min
The number of seed funding deals for startups in New York fell 30%, from 185 to 129 between the third and fourth quarter, according to a report by VC fund Primary Venture Partners. Photo: Primary Venture PartnersBrad Svrluga, co-founder and general partner of Primary, said that gradual slowing hit the seed market hard during the fourth quarter. He noted that funding for seed-stage companies in the fourth quarter was nonetheless still up more than 100% since the fourth quarter of 2020. Work-Bench tracked 49 enterprise tech seed deals in New York City last year, slightly down from 51 in 2021, but up from 46 in 2020. Between the third and fourth quarters of 2022, enterprise tech seed deals actually rose from nine to 15, according to Work-Bench figures.
☆ BofA Promoted 93 New MDs in Global Markets — Here Are the Names
  + stars: | 2023-01-26 | by ( Alex Morrell | ) www.businessinsider.com   time to read: +2 min
Bank of America announced 93 new managing directors in Global Markets on Thursday. The division in 2022 saw sales and trading revenues climb to its highest mark since 2010.Insider has all the names of the newly promoted MDs. On Thursday the bank announced a new class of 360 managing directors, including 93 from the firm's Global Markets division — up from 86 last year. The bank's Global Corporate and Investment Bank promoted 87 new MDs. BofA made $16.5 billion in 2022 from sales and trading — including a fourth-quarter record of $3.7 billion — the highest tally for the firm since 2010.
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