The surest way into the millionaires club? Start investing in your 20s and 30s, data shows – Fortune

The surest way into the millionaires club? Start investing in your 20s and 30s, data shows  Fortune
“startups when:1d” – Google News

Early-stage investor Mayfield shows how to scale up your biotech startup at TC Early Stage in April – TechCrunch

Early-stage investor Mayfield shows how to scale up your biotech startup at TC Early Stage in April  TechCrunch
“startups when:1d” – Google News

Feedback on my app that only shows you good news

Hey! I am a high school student in the Bay Area, and I am the founder of Lapis News. Lapis News is my first published iOS App, and it is a news app that only shows you good news. Lapis News was designed with the purpose of bringing positivity to people's lives. Although it may not seem like it, the world is making several small wins every day, and although it doesn't make the headlines, it may just bring a smile to your face. There are beautiful stories we never hear about happening every day, and Lapis News aims to bring them to light.

I am looking for feedback right now as I am planning on relaunching sometime soon. Mainly, I would love feedback on the UI and feature requests. Thanks, everyone!

Download: https://apps.apple.com/us/app/lapis-news-only-the-good-news/id1527590034

Website: www.lapisnews.tech

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Startups – Rapid Growth and Innovation is in Our Very Nature!

DigitalOcean’s IPO filing shows a two-class cloud market

This morning DigitalOcean, a provider of cloud computing services to SMBs, filed to go public. The company intends to list on the New York Stock Exchange (NYSE) under the ticker symbol “DOCN.”

DigitalOcean’s offering comes amidst a hot streak for tech IPOs, and valuations that are stretched by historical norms. The cloud hosting company was joined by Coinbase in filing its numbers publicly today.

DigitalOcean’s offering comes amidst a hot streak for tech IPOs.

However, unlike the cryptocurrency exchange, DigitalOcean intends to raise capital through its offering. Its S-1 filing lists a $ 100 million placeholder number, a figure that will update when the company announces an IPO price range target.

This morning let’s explore the company’s financials briefly, and then ask ourselves what its results can tell us about the cloud market as a whole.

DigitalOcean’s financial results

TechCrunch has covered DigitalOcean with some frequency in recent years, including its early-2020 layoffs, its early-2020 $ 100 million debt raise and its $ 50 million investment from May of the same year that prior investors Access Industries and Andreessen Horowitz participated in.

From those pieces we knew that the company had reportedly reached $ 200 million in revenue during 2018, $ 250 million in 2019 and that DigitalOcean had expected to reach an annualized run rate of $ 300 million in 2020.

Those numbers held up well. Per its S-1 filing, DigitalOcean generated $ 203.1 million in 2018 revenue, $ 254.8 million in 2019 and $ 318.4 million in 2020. The company closed 2020 out with a self-calculated $ 357 million in annual run rate.

During its recent years of growth, DigitalOcean has managed to lose modestly increasing amounts of money, calculated using generally accepted accounting principles (GAAP), and non-GAAP profit (adjusted EBITDA) in rising quantities. Observe the rising disconnect:

Startups – TechCrunch

The Pre-Seed Round Sees Scrutiny: New DocSend Data Shows VCs’ Heightening Standards For Market-Ready Investments – PRNewswire

The Pre-Seed Round Sees Scrutiny: New DocSend Data Shows VCs’ Heightening Standards For Market-Ready Investments  PRNewswire
“startups when:1d” – Google News

[OurCrowd in Red Herring] OurCrowd Jobs Index Shows Startup Hires Growing Despite Pandemic

The number of jobs listed by OurCrowd’s global portfolio companies more than doubled from 350 in June 2020 to 912 in December 2020. The number of job openings in Israel rose by 400% during the same period to more than 200. The positions were advertised by 100 of OurCrowd’s portfolio of companies and funds.

Read more here.

The post [OurCrowd in Red Herring] OurCrowd Jobs Index Shows Startup Hires Growing Despite Pandemic appeared first on OurCrowd Blog.

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