Who would have thought that Raspberry Pi, the maker of cheap, single-board computers, would become a public company?
It means that Raspberry Pi could end up raising more than $200 million during its IPO process.
If you’re looking to buy Raspberry Pi shares as a retail investor, this isn’t possible just yet.
Raspberry Pi Ltd, the public company, is the commercial subsidiary of the Raspberry Pi Foundation.
Arm previously announced that it intended to increase its stake in Raspberry Pi with the public listing.
Cover slide Problem slide 1 Problem slide 2 Product image slide Solution slide What Is Unique?
The business model comes up shortClosely related to the previous point: Pricing is one side of the business model, but there are many more parts to the puzzle.
The business model slide is very light on details, and the details that are there are a little confusing.
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Model N, a platform used by companies such as Johnson & Johnson, AstraZeneca, and AMD to automate decisions related to pricing, incentives, and compliance, is going private in a $1.25 billion deal.
Vista Equity Partners is doling out $30 per share in the all-cash transaction, representing a 12% premium on Friday’s closing price, and 16% on its 30-day average.
Founded in 1999, Model N’s software integrates with various data sources and internal systems to help companies analyze trends, pricing efficacy, market demand, and more.
The platform is typically used in industries such as pharmaceuticals and life sciences, where there may be complex pricing structures, and where regulatory or market changes can impact business.
However, its valuation has generally hovered below the $1 billion market for the past six months, sparking Vista Equity Partners into action today.
In enterprise software-as-a-service (SaaS), usage-based pricing, a pricing model in which customers are charged only when they use a product or service, is gaining ground.
According to a report from VC firm OpenView, ~60% of SaaS businesses offer some form of usage-based pricing today.
But while usage-based pricing has its advantages, it can be tougher to keep tabs on from a billing perspective.
There, he ran into blockers collecting usage-based pricing data from different providers and infrastructure and aggregating and analyzing this usage together.
“Competitors in the usage-based space only cater to the revenue teams with a closed-source, billing-first approach,” he said.
Spotify said today that it has submitted a new version App Store that shows pricing and feature information about the audio company’s different plans in the EU.
The update, which is pending approval from Apple, also includes a link for users to buy subscription plans from Spotify’s website.
Earlier this week, the European Commission fined Apple a massive €1.84 billion ($ 2 billion) for the company’s anti-competitive practices in the music streaming market.
Buoyed by this decision, Spotify has submitted this new version with information about subscriptions, offers, and a link to buy those, as per The Verge.
In response, Apple said it plans to appeal EC’s decision and said that Spotify has been “the biggest beneficiary” of the App Store.
This is the third round of layoffs for the EV company since July 2022 when Rivian cut 6% of its workforce.
On a full-year basis, Rivian reported revenue of $4.4 billion, up from $1.66 billion in 2022.
It brought in about $39 million in the fourth quarter and $73 million for the full year from the sale of regulatory credits.
On an adjusted basis, it reported a loss of $1.1 billion compared to a $1.5 billion loss in the same year-ago period.
“We took significant steps towards driving greater efficiency in 2023 gross profit per vehicle improved by approximately $81,000 when comparing the fourth quarter of 2023 to the fourth quarter 2022,” Scaringe said on an earnings call Wednesday.
In an effort to retain developers, Apple has begun its pilot tests of “contingent pricing,” a new way for them to market App Store subscriptions, TechCrunch has learned.
That’s the case with the debut pilot test of contingent pricing that pairs up two apps: Structured and one sec.
(An interesting choice for the pilot, given Apple and Meta’s ongoing beef over App Tracking Transparency, which Meta said harmed its business!)
With contingent pricing, customers who subscribe to one of the apps can receive a discount if subscribing to the other.
Apple says it helps the developers with the implementation of contingent pricing to make the redemption process “seamless” for customers purchasing through its App Store.
Just a few weeks after its most recent round of layoffs, Unity is once again reducing its workforce.
Unity is the maker of a video game engine that is widely used in the video game industry.
Under the old pricing scheme, indie developers who earn less than $100,000 per year would be able to use Unity for free.
Bigger video game studios would have to pay $1,900 per user per year.
And yet, that controversy had some wide-ranging consequences as many developers lost faith in the game engine company.
In October, Box unveiled a new pricing approach for the company’s generative AI features.
Instead of a flat rate, the company designed a unique consumption-based model.
Each user gets 20 credits per month, good for any number of AI tasks that add up to 20 events, with each task charged a single credit.
If the customer surpasses that, it would be time to have a conversation with a salesperson about buying additional credits.
Spang says, for starters, that in spite of the hype, generative AI is clearly a big leap forward, and software companies need to look for ways to incorporate it into their products.
Uber confirmed that the flexible pricing service has expanded.
However, many InDrive drivers in the country have complained about passengers offering them too low prices for their rides.
Moreover, while Uber’s flex pricing model is available for various modes, the raid-hailing giant is not applying it to all modes in one city.
TechCrunch learned that the company was also looking to test the new service model soon in metro cities in India, including Delhi and Mumbai.
In addition to Uber Flex, the San Francisco-headquartered company is testing different services in India to cater to the local demand.
