The TechCrunch Exchange
S-1s
Roblox
COVID-19
Peloton
Airbnb
CFO Robynne Sisco
Brex
Next
Sapphire Ventures
EQUITY’
helps.)Telos
MarketWatch
SaaS
ProfitWell
Klarna
Klarna —
Roblox
DoorDash
can.)There
Henrique Dubugras
Verbit
Jai Das
Patrick Campbell
No matching tags
Airbnb
No matching tags
Nice
Virginia
the United States
No matching tags
Great business, even if Roblox warned that growth could slow sharply next year, when compared to its epic 2020 gains.But Roblox is hardly the only company taking advantage of COVID-19’s impacts on the market to get public while their numbers are stellar. In time, Airbnb will get back to full-speed, but among our new IPO candidates it’s the only company net-harmed by COVID-19. Dubugras talked about how hard of a choice that was to make.Brex’s business rebounded faster than the company expected, however, driven in part by strong new business formation — some data here — and companies rapidly moving into the digital realm and moving to finance systems like Brex’s. I couldn’t get to the round, but the company did note in its release that it has seen 400% year-over-year revenue growth, and that its “revenue run-rate [has] grown five-fold since 2019.” Nice.Jai Das led the round for Verbit, and, in a quirk of good timing, I’m hosting an Extra Crunch Live with him in a few weeks.
As said here by Alex Wilhelm