Pedro Franceschi’s Post

Choosing a financial partner is one of the first decisions founders make. Choosing Brex is one of the smartest decisions they will make. 🚀 #startups #growth

Reddit's potential IPO valuation at $5 billion, The article discusses Reddit's potential IPO valuation at $5 billion, emphasizing the significance of the IPO market for startups, especially with increased regulatory scrutiny on Big Tech acquisitions. Reddit's pricing strategy is crucial for a successful public offering. The article highlights the delicate balance needed in IPO pricing, where too low a price may be perceived as artificial, while too high could lead to post-IPO performance issues, potentially impacting the confidence of other companies considering going public. The piece references Instacart's post-IPO struggles as an example of the impact on market perceptions Check it out: 🚀 🚀 🚀 https://lnkd.in/dxxqWXsE #fintech #startup #technology #software #investment #IPO

I will give away €1000 to 1 random person who reposts this post within 72 hours. Why? We just raised $700k with from unicorn founder Ralf Reichert , EWOR - Europes YC, Atlantis Ventures , a16z and other incredible investors. Now, I’m assembling the 𝗙𝗶𝗻𝗧𝗲𝗰𝗵 𝗫-𝗺𝗲𝗻 to dominate our space. Here’s a taste of our new lineup: 🧙♂️ Head of Ops: A force of nature “numbers-and-people” profile with an undeniable ability to raise the bar to exceptional on every process as my right hand man 👨💻 Founding integrations engineer: A 10x backend engineer that can integrate with banks and other high-stake platforms like it was a game of Tetris on easy mode 🧑🎤 Founding creator: A creative genius equally comfortable with short form video as with long form articles Is this you or someone you know? Apply here for yourself or a friend: https://lnkd.in/dsfcVyWt 🔥 I will pay you €3000 if I hire your friend 🔥 This journey is not for the everyday Joe, so please don’t apply if you’re seeking a chill lifestyle. We want risk-willing people with a burning hunger for something more and trillion dollar mindsets only. #day1 #upwards #onwards

Topics I found interesting in the past week: - Linear's founder (the same one involved in Carta's secondary market allegations) posted a tweet about the company's highlights. Impressive numbers that show the cash discipline and efficiency that companies should be striving for these days. Apparently, he does that post every year! - Brex laid off 282 people (~20% of the company) to flatten the organizational structure, emphasize long-term thinking, and build a more efficient/fast company. They are facing headwinds like less startup funding slowing growth, competition from Ramp, and a tough market for fintechs. However, it seems to me that Brex still has a lot of opportunity to capture and the team is still making the necessary but tough decisions (as they have in the past with their SMB segment). I like this company. - Disney posted a video introducing HoloTile, their new omnidirectional floor that allows users to walk around in virtual reality. I thought it was pretty cool.

Arm and Instacart IPOs Deflate Fast: The Big Point The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers. The first major tech IPOs in nearly two years have quickly lost their allure. The hope that the IPO window was opening energized Silicon Valley investors, who have been waiting to list shares in a large number of privately held tech startups, saving venture capital fund investment returns. The rest of this post is available at https://lnkd.in/emPx9_Bw. https://lnkd.in/eUitZuTP

The Reddit IPO could make waves on Wall Street this week. But even if it pops, don't expect the debut to lead to another parade of unicorn filings just yet. Experts noted that Reddit's revenue growth is slowing and it is still not profitable. So gains could be short-lived. And many investors are waiting for even bigger startups like Chime, Stripe and Databricks to file for their IPOs. My latest for Barron's. #reddit #ipos #unicorns #initialpublicoffering #startups #stocks https://lnkd.in/eQP9-fXS

The Pitchbook Q3 Venture Monitor was published recently, and here is what you need to know. Globally, #venturecapital is currently in a holding pattern. Exits: On hold, which means capital isn't being returned, keeping fundraising low. Dealmaking seems unsure if it's reached the bottom, as Q3 was mediocre. IPO: Last quarter, Instacart and Klaviyo completed IPOs, bringing a glimmer of hope to exit values in general terms. However, both companies were valued below their previous private rounds—especially Instacart. M&A: Activity has been sluggish, particularly for larger deals. Public markets have experienced a summer slump, and potential rate-hike volatility and a looming government shutdown in the US could further dampen the situation. The outlook remains hazy and the market remains investor-friendly outside of a rise in down-rounds. https://lnkd.in/ecXyPekz

We've been sharing this with our investors over the last couple of years, but Crunchbase just put an interesting article on the rise of the secondary market due to valuations improving across the tech industry. Majority of IPO's have also been pushed out, but the recent successful IPOs of Reddit, Inc. and Astera Labs might open things up in the near future. #secondaries #secondarymarket #IPO #liquidity #valuations #tech #seafrontcapital