Online business valuation startup signs contract with TD Bank

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BizEquity, a Wayne-based fintech startup that offers online business valuation services, has landed its first top 10 U.S. bank client. TD Bank (NYSE: TD) of Cherry Hill said it has signed a contract to offer the valuation tool free of … Read More

BitSight, a provider of security ratings, raises $60M at a valuation of around $600M

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As the tech world continues to grapple with how best to deal with the growing issue of malicious hacking and other security breaches, a startup that has developed a ratings system to track how well businesses are faring has raised … Read More

Uber’s biggest rival has raised new funding and doubled in valuation to $15 billion

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Ride-hailing firm Lyft announced that it raised $600 million (£459 million) in funding and that its valuation has shot up to $15.1 billion (£11.6 billion). In April 2017 Lyft was valued at $7.5 billion (£5.7 billion), meaning the company has more … Read More

Elon Musk’s Boring Company could be worth $16B after Chicago-O’Hare tunnel

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The Boring Company might have started as a lighthearted jest from Elon Musk’s Twitter sessions, but the tunneling startup is now tackling a very serious project. Just last week, it was selected as Chicago’s contractor for its upcoming high-speed downtown-O’Hare … Read More

Growing inorganically: The Secret to a successful M&A valuation

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Every company, big or small, aspires to grow even bigger. Growth can have many facets to it. It can be in the form of adding new products, or customers or geographies which ultimately leads to increasing the topline or the … Read More

What to Say When a VC Asks About Your Company’s Valuation (Hint: Don’t Give Them a Number)

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One of the hardest things about the fundraising process for entrepreneurs is that you’re trying to raise money from people who have “asymmetric information.” VC firms see thousands of deals and have a refined sense of how the market is valuing deals because they … Read More

Breaking Down Slack’s Valuation: An Interactive Analysis

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Slack recently reported its latest performance figures, with the technology company hitting 3 million paying customers for its services out of a reported aggregate base of 8 million total customers. This is a major improvement from September last year, when the … Read More