decline

Enterprise, Fintech, Startups, Venture

Automattic Gains Beeper, Observing Fintech’s Decline and YC’s Scarcity of Latin American Entrepreneurs

When it comes to news items that we love at TechCrunch, IPOs rank pretty darn high. Another great newsy bit that comes along less frequently than we’d like is a startup buying another startup. These deals are often very interesting as they either bring a gob of talent, or technology to an already growing company, potentially accelerating it. So it was with joy that the Equity Podcast crew dug into Automattic buying Beeper for $125 million. But certainly we are an ocean or two away from the heady days we saw back in 2021.

Kira Kim
April 12, 2024
69 Comments

Venture

“Unveiling the Future: Venture Capital for 2023 in 5 Illustrations”

We’ve gone over how venture capital investment fared across the world over the past few days, but today we wanted to provide a more comprehensive look at the numbers. The TechCrunch+ team has charted data from PitchBook on venture capital investment flows across the world, and in the United States, Europe, Asia and Latin America. Global venture capital resultsThis chart doesn’t appear too dramatic at first glance. However, Q4 2023 was particularly bad: Q4 2017 was the last time we saw venture investment in the last three months of the year fall so low. That’s not good, especially as venture investment continued to drop in every quarter of 2023.

Kira Kim
January 10, 2024
1 Comment

Apps

Tweetbot & Twitterrific App Store Refund Exception Not Automatically Granted

Tweetbot and Twitterrific ask customers to decline refunds in rare App Store exception

In the aftermath of Twitter’s recent ban on third-party clients, two developers have made it their mission to update their apps with new functionality. However, rather than asking for refunds…