Let’s learn more about Slack’s future, Revolut adds new payment features and DoorDash pushes its IPO range up. This is your Daily Crunch for December 4th, 2020.
The Big Story: Slack and Salesforce executives explain their large acquisition
After Salesforce announced this week that it will buy Slack for $ 27.7 billion, Ron Miller spoke with Slack CEO Stewart Butterfield and Salesforce President and COO Bret Taylor to learn more about the deal.
Butterfield said Slack will remain relatively independent within Salesforce, allowing the team to “do more than we were already doing”. He also insisted that all talk of competing with Microsoft Teams is “exaggerated”.
“The challenge for us was the storytelling,” Butterfield said. “They are just good [at] PR or something I failed to understand. “
Startups, financing and venture capital
Revolut allows businesses to accept payments online – with this move, the company competes directly with Stripe, Adyen, Braintree and Checkout.com.
Health technology venture capital firm OTV closes a new $ 170 million fund and expands to Asia – This year, the company conducted rounds on the telemedicine platforms TytoCare and Lemonaid Health.
Zephr raises $ 8 million to help news publishers increase subscription revenue – The startup’s clients already include publishers such as McClatchy, News Corp Australia, Dennis Publishing and PEI Media.
Extra Crunch tips and analysis
DoorDash Expands Its IPO Range Ahead of Successful IPO – Food Delivery Unicorn now plans to debut at $ 90 to $ 95 per share, up from a previous $ 75 to $ 85 range.
Enter new markets and embrace a distributed workforce to grow during a pandemic – is it the right time to expand overseas?
Three ways the pandemic is transforming tech spending: All companies are now digital product companies.
(Extra Crunch is our membership program, which aims to democratize information about startups. You can sign up here.)
All the rest
WH’s AI EO is BS – Devin Coldewey is not impressed with the new White House executive order on artificial intelligence.
China’s Internet Regulator Targets Forced Data Collection: China is one step closer to cracking down on unscrupulous data collection by app developers.
Gift Guide: Play on every platform to get you through the long COVID winter – it’s a great time to be a gamer.
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