Category: newest

Edtech’s newest unicorn, ApplyBoard, lands $1.4B valuation with fresh funding
, ,

Edtech’s newest unicorn, ApplyBoard, lands $1.4B valuation with fresh funding

Brothers Martin, Meti and Massi Basiri all left Iran to study abroad in Canada. After struggling with every aspect from the visa process to grade conversions, the brothers saw an opportunity to make the transition to study internationally more seamless. So, they started Applyboard in 2015 at University of Waterloo’s Velocity Garage. ApplyBoard has two…

Read More
The newest members of the $100M ARR club
, ,

The newest members of the $100M ARR club

Hello and welcome back to our regular morning look at private companies, public markets and the grey space in between. Today we’re taking stock of a cohort of special companies: still-private startups that have reached $100 million in annual recurring revenue (ARR). Our goal is to understand which startup companies are actually exceptional. This late…

Read More
Argentina’s Newest President Just Slashed Citizens’ USD Purchases By 50x
, ,

Argentina’s Newest President Just Slashed Citizens’ USD Purchases By 50x

Limits on USD purchases comes after panic-buying by citizens. The incoming president is a Peronist, with center-left leanings. Argentina’s inflation rate is the second-highest in the world. Purchases of the US dollar in Argentina have been cut by between 50 and 100 times following this year’s presidential elections. The Sunday elections saw the center-left Alberto…

Read More
Upgrade, the newest company by Renaud Laplanche, has a new credit card that it swears is good for you
, ,

Upgrade, the newest company by Renaud Laplanche, has a new credit card that it swears is good for you

Three years ago, the founder of LendingClub, Renaud Laplanche, took the wraps off his second act, a consumer lending venture called Upgrade that now employs 350 people, has lent roughly $2 billion to 200,000 people, and has raised $142 million from outside investors. At the time, it was jumping into a crowded market that has…

Read More