Persefoni, Patch, and the companies betting on ESG
Hi everyone 👋 Sign up to our email list for more weekly private market insights. [companies-betting-on-esg] If rules proposed by the SEC last month become law, about 3,000 of the...
Fast vs. Bolt
Hi everyone 👋 Sign up to our email list for more weekly private market insights. [fast-vs-bolt] The news of Fast’s shutdown leaves Bolt—with its $1.3B raised and $11B valuation—as the...
The Stripe of virtual-first healthcare
Hi everyone 👋 Sign up to our email list for more weekly private market insights. [stripe-virtual-first-healthcare] Over the last several months, we’ve been creating short-form versions of Sacra reports in...
Sacra this week: Runway, Art Blocks, and Duffl
Hi everyone 👋 Sign up to our email list for more weekly private market insights. [runway-art-blocks-duffl] We’re going to be sending our members weekly emails to (1) share all the...
Salesforce, Census, and the end of CRM
Hi everyone 👋 Sign up to our email list for more weekly private market insights. [the-end-of-crm] In sales-driven SaaS, the CRM is the money-maker where deals get closed. Over time,...
Shopify's unholy alliance
Hi everyone 👋 Sign up to our email list for more weekly private market insights. [shopify-unholy-alliance] Shopify armed the rebels against Amazon through an unholy alliance with the big social...
Caplight and swimming naked in the secondary markets
Hi everyone 👋 Sign up to our email list for more weekly private market insights. [swimming-naked-secondary-markets] In the words of Warren Buffet, “You don’t know who’s been swimming naked long...
Eco: the DeFi mullet and other novel consumer fintech
Hi everyone 👋 Sign up to our email list for more weekly private market insights. [defi-mullet-novel-consumer-fintech] While crypto and fintech have run on separate parallel tracks, in 2022 we're seeing...
Anrok: SaaS vs. the state
Hi everyone 👋 Sign up to our email list for more weekly private market insights. [saas-vs-the-state] There's a battle raging between internet-native companies with neither a physical footprint nor physical...
Figma's PLG sales motion
Hi everyone 👋 Sign up to our email list for more weekly private market insights. [figma-plg-sales-motion] A SaaS company’s sales and marketing expense has historically been its biggest drag on...
Finix and why platforms become payfacs
Hi everyone 👋 Sign up to our email list for more weekly private market insights. [why-platforms-become-payfacs] As millions of businesses join the digital economy to meet the shift in demand...
Salesforce vs. Snowflake
Hi everyone 👋 Sign up to our email list for more weekly private market insights. [salesforce-vs-snowflake] Systems of record like Salesforce ($250B) and HubSpot ($32B) built giant moats by becoming...
Drift, Canva, Loom, and the B2B camera platform
Hi everyone 👋 Sign up to our email list for more weekly private market insights. [b2b-camera-platform] As smartphone cameras became ubiquitous, the initial consumer use case of taking and printing...
JOKR CEO Ralf Wenzel on the biggest misconceptions about ultrafast delivery
Hi everyone 👋 Sign up to our email list for more weekly private market insights. [jokr-ceo-ralf-wenzel-misconceptions] Critics of ultrafast delivery services say they're just another example of VCs subsidizing impossible...
Unbundling FIS and Fiserv, fintech's $137B legacy core
Hi everyone 👋 Sign up to our email list for more weekly private market insights. [unbundling-fis-and-fiserv] Startup fintech services like Lithic and Sila are coming after incumbents like Jack Henry,...