COVID-19 caused the market selloff in March 2020. Many stocks on the Toronto Stock Exchange (TSX) suffered significant drops. Some investors chose to stay away while others remained because it’s also an opportunity to make money while prices are down.
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Beyond Meat will start selling breakfast sausage links, the plant-based meat company’s fourth product introduction and second breakfast-themed one so far this year. CMO Stuart Kronauge told Business Insider that breakfast is a key expansion opportunity for Beyond Meat, especially with people eating more meals at home and relying less on restaurants.
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The new company called Hybe is aimed at disrupting the status quo of managed-service mobile programmatic and enabling mobile app developers to take control over user acquisition and retargeting through an in-house Demand-Side Platform (DSP). Hybe.io, spearheaded by hybrid.ai’s founder and global CEO, Dmitry Cheklov, together with former solutions executive of Kayzen and product director…
Long story short, I was having trouble finding local manufacturers to produce custom boxes and packing, so as a side project I created a B2B market place with just about every single corrugated and packing manufacturer in the US the entire focus is providing custom quote quickly and easily. It’s been fun and I’ve had some minor success and would really like to devote more time to driving traffic to my site and improving the interface.
All that being said I’ve got a stable well paying 9-5 and a small family to support. I also currently have around $ 1500 a month in rental income. My current plan is to spend some money doubling the rental income in the next few months and going to a 4 day work week at my 9-5 using the extra day to focus on my B2B website. I’d love to jump into doing things full time but I’m not seeing any great way to do this.
Does my current plan sound like a step in the right direction? What are you experiences with transitioning from a 9-5? Thank you for any and all feedback!
Sources have told TechCrunch that Twilio intends to acquire customer data startup Segment for between $ 3 and $ 4 billion. Forbes broke the story on Friday night, reporting a price tag of $ 3.2 billion.
We have heard from a couple of industry sources that the deal is in the works and could be announced as early as Monday.
Twilio and Segment are both API companies. That means they create an easy way for developers to tap into a specific type of functionality without writing a lot of code. As I wrote in a 2017 article on Segment, it provides a set of APIs to pull together customer data from a variety of sources:
Segment has made a name for itself by providing a set of APIs that enable it to gather data about a customer from a variety of sources like your CRM tool, customer service application and website and pull that all together into a single view of the customer, something that is the goal of every company in the customer information business.
While Twilio’s main focus since it launched in 2008 has been on making it easy to embed communications functionality into any app, it signaled a switch in direction when it released the Flex customer service API in March 2018. Later that same year, it bought SendGrid, an email marketing API company for $ 2 billion.
Twilio’s market cap as of Friday was an impressive $ 45 billion. You could see how it can afford to flex its financial muscles to combine Twilio’s core API mission, especially Flex, with the ability to pull customer data with Segment and create customized email or ads with SendGrid.
This could enable Twilio to expand beyond pure core communications capabilities and it could come at the cost of around $ 5 billion for the two companies, a good deal for what could turn out to be a substantial business as more and more companies look for ways to understand and communicate with their customers in more relevant ways across multiple channels.
As Semil Shah from early stage VC firm Haystack wrote in the company blog yesterday, Segment saw a different way to gather customer data, and Twilio was wise to swoop in and buy it.
Segment’s belief was that a traditional CRM wasn’t robust enough for the enterprise to properly manage its pipe. Segment entered to provide customer data infrastructure to offer a more unified experience. Now under the Twilio umbrella, Segment can continue to build key integrations (like they have for Twilio data), which is being used globally inside Fortune 500 companies already.
Segment was founded in 2011 and raised over $ 283 million, according to Crunchbase data. Its most recent raise was $ 175 million in April on a $ 1.5 billion valuation.
Twilio stock closed at $ 306.24 per share on Friday up $ 2.39%.
Segment declined to comment on this story. We also sent a request for comment to Twilio, but hadn’t heard back by the time we published. If that changes, we will update the story.
Hi all – I don’t own a business but ran into an interesting opportunity. What do you think? And what are some recommendations?
My daughter does gymnastics at a gymnastics gym. It’s rather smaller than the surrounding competitors but I’m finding that is a selling point for those parents that bring their kids there (instead of the puppy mill gyms). The actual gym needs a face lift, help with migrating from paper to online, advertising and marketing. Bones are there, but it’s run by a man who seems tired and quite frankly, depressed. He’s done everything himself – my husband is in IT so can handle the migration online and the advertising/marketing. The gym has virtually no online presence. Business is mostly by word of mouth. And I can handle the day to day (being in corporate business myself). Only one of us will quit our jobs once we go fully 100%, but at 50% we will continue to work FT.
I’ve known the owner for a couple years and we’ve had some serious conversations about buying into the business (starting at 50%). He’s agreed to teach me and my husband the business, how he runs it, what needs to improve and so forth… and then when comfortable wants to be bought out for the remaining 50%. We will have all the details set on a writer contract.
I’ve asked for balance sheets for last 3-5 years, full class offerings (which has much room for improvement), and business goals. What else needs to be done? I’m new to all of this but don’t even know where to start!
Also, he is on a 7 year lease (one year 3 of 7, now) – and I’ve asked for a copy of this as well.
I’ll analyze the numbers, but from conversations I think he is just depressed and wants out. His wife is terminally ill and he needed to send his daughter back to Europe to live with his parents while he cares for his wife. It’s sad – but I think he’s just lonely and likely wants to go back to Europe and wants out of the business.
It’s located in NY/NJ area. Initial price discussed was 120k, but I need to see numbers to see if this makes sense (I think it’s high, but I think he will go down). I think I’d aim for 80k