Tag: posted

11 months ago I posted asking “What is the reason no one is competing with UpWork?”. Today we are announcing our Series A!

Reposting a redacted version because previous post got removed for mentioning product identifying details.

11 months ago I posted on r/startups asking What is the reason no one is competing with UpWork?.

It has been a crazy year since!

I've moved to SF.

I met my co-founder during COVID.

When we realized that our goals were aligned we've committed to building this together.

From there on we'd meet every morning, share breakfast, brainstorm on the whiteboard (very old school I know), work together, & take long walks way past sunset.

Our friendship grew stronger and so did our conviction about the size of the opportunity.

And once we realized how big this thing could be, we started recruiting our engineers, designers, community team, … all around the idea of giving everyone the freedom and opportunity to work independently.

We've hired a ton of extraordinarily talented & caring people. We've raised our pre-seed, seed and series A. We've are building an amazing product using an amazing technology stack.

[redacted]

Today I am the happiest I've ever been, working with the greatest team in the world, solving a problem I deeply care about. We just had our (mostly remote) launch party, and I just wanted to share this excitement with r/startups and encourage everyone to never give up if you are truly convinced about something. 😊

submitted by /u/gajus0
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Startups – Rapid Growth and Innovation is in Our Very Nature!

11 months ago I posted asking “What is the reason no one is competing with UpWork?”. Today we are announcing our Series A!

11 months ago I posted on /r/startups asking What is the reason no one is competing with UpWork?.

It has been a crazy year since!

I've moved to SF.

I met my co-founder during COVID.

When we realized that our goals were aligned we've committed to building this together.

From there on we'd meet every morning, share breakfast, brainstorm on the whiteboard (very old school I know), work together, & take long walks way past sunset.

Our friendship grew stronger and so did our conviction about the size of the opportunity.

And once we realized how big this thing could be, we started recruiting our engineers, designers, community team, … all around the idea of giving everyone the freedom and opportunity to work independently.

We've hired a ton of extraordinarily talented & caring people. We've raised our pre-seed, seed and series A. We've are building an amazing product using an amazing technology stack.

Our platform is called Contra, and today we are sharing the first preview on ProductHunt. With today’s release, we are giving people the tools to describe their proudest career moments, publicly thank the people with whom they’ve worked with, and begin accepting inquiries for future opportunities.

This is the first Contra drop of many that will shape the new prfessional ntwork for your independent journey. A zero commission alternative to the existing freelancing platforms.

Today I am the happiest I've ever been, working with the greatest team in the world, solving a problem I deeply care about. We just had our (mostly remote) launch party, and I just wanted to share this excitement with /r/startups and encourage everyone to never give up if you are truly convinced about something. 😊

submitted by /u/gajus0
[link] [comments]
Startups – Rapid Growth and Innovation is in Our Very Nature!

How has Corsair Gaming posted such impressive pre-IPO numbers?

After the last few weeks of IPOs, you’d be forgiven if you missed Corsair Gaming’s own public offering.

The company is not our usual fare. Here at TechCrunch, we care a lot of about startups, usually technology startups, which often collect capital from private sources on their way to either the bin, an IPO or a buyout.

Corsair is some of those things. It is a private company that builds technology products and it has raised some money while private. But from there it’s a slim list. The company was founded in 1994, making it more a mature business than a startup. And it sold a majority of itself to a private equity group in 2017, valued at $ 525 million at the time.

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Fair enough. But flipping through the company’s S-1 filings this morning over coffee, I was impressed all the same and want to walk you through a few of the company’s numbers.

If you care about the impending public debuts of Asana (more here) and Palantir (more here) that we expect next week, Corsair will not provide much directional guidance. But its IPO will be a fascinating debut all the same.

Corsair has managed to stay in the gaming hardware world since I was in short pants, and, even better, has managed to turn the streaming boom into material profit. Its S-1 is an interesting document to read. So let’s get into it, because Corsair Gaming is expected to price later today and trade tomorrow morning.

A gaming giant

As with any private-equity-backed IPO, the company’s SEC filings are a mess of predecessor and successor companies, along with long sections that, once you boil them down, ensure that the private equity firm will retain control.

But once you parse the firm’s numbers, here’s the gist from the first six months of 2020:

Startups – TechCrunch

Leading digital financial services company Carbon from Nigeria posted all-time high growth last year – The Fintech Times

Leading digital financial services company Carbon from Nigeria posted all-time high growth last year  The Fintech Times
“nigeria startups when:7d” – Google News