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Extra Crunch Friday: 5 startup theses that will transform the 2020s

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Friday, October 30, 2020 By Walter Thompson

Welcome to Extra Crunch Friday

Welcome to Extra Crunch Friday image

Image Credits: vm / Getty Images

I have a lot on my mind these days:

My country has more coronavirus cases and deaths than any other nation, but we also have a presidential election in approximately 83 hours.

As a result, my attention has been firmly rooted in the present, which is why a two-part essay about the potential changes in store for tech in the 2020s was a welcome surprise.

Managing Editor Danny Crichton split it into two parts: his invitation to peer into the future of startups is on TechCrunch, but as he told me, “the real meat” is on Extra Crunch.

Danny identified five “‘clusters’ of change:”

  • wellness
  • climate
  • data society
  • creativity
  • fundamentals

“I know in the daily cavalcade of news, it can be hard to feel inspired by the future,” he writes.

“But do be! There is so much more coming this decade, we may look back at the 2010s as the dark ages of innovation.”

Thanks very much for reading Extra Crunch this week.

Walter Thompson
Senior Editor, TechCrunch
@yourprotagonist

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Is the Great 2020 Tech Rally slowing?

Is the Great 2020 Tech Rally slowing? image

Image Credits: Nigel Sussman

In this morning’s edition of The Exchange, Alex Wilhelm asks: “What happens if COVID-19, unrest and and hyped valuations collide?”

I asked Alex how he’d summarize today’s column. His response, in full:

After a torrid run, it feels like some of the hype has slipped from the tech space, both big and small companies alike.

Is the change merely a blip, or are we seeing the public markets cool, possibly dampening private-market enthusiasm for startup shares?

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Extra Crunch Partner Perk: Get 6 months free of Zendesk Support and Sales CRM

Sponsored by TechCrunch

Eligible annual and 2-year members can get access to Zendesk's Sales CRM, Zendesk Support Suite, Zendesk Explore and Zendesk Sunshine.

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Current and upcoming trends in mobile growth across Latin America

Current and upcoming trends in mobile growth across Latin America image

Image Credits: ferrantraite / Getty Images

As one of the world’s fastest growing mobile markets, Latin American consumers have embraced digital wallets, QR codes, 5G and on-demand services in great numbers.

Entrepreneurs and investors who aren’t LatAm-based often overlook the region, but this comprehensive report on 2020 mobile growth trends will fill in the blanks.

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Should your SaaS startup embrace a bottom-up GTM strategy?

Should your SaaS startup embrace a bottom-up GTM strategy? image

Image Credits: Hiroshi Watanabe / Getty Images

More SaaS entrepreneurs are starting to sell directly to users via the web; a bottom-up go-to-market approach is associated with higher profits (and valuations.)

Before taking the plunge, SaaS founders should consider the following:

  1. Who needs to work together to make a bottom-up SaaS model work?
  2. What is the value you deliver to your customer and how do you determine pricing?
  3. When do you hire a sales team? (sooner than you think)

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Dear Sophie: Any upgrade options for E-2 visa holders interested in changing jobs?

Dear Sophie: Any upgrade options for E-2 visa holders interested in changing jobs? image

Image Credits: Sophie Alcorn

Dear Sophie:

I'm currently here in the U.S. on an E-2 visa.

My employer, a company based in Slovakia, moved me to the U.S. to help establish our U.S. operations.

What are my options if I want to look for other job opportunities here in the U.S. with a different company? Is there a feasible process to upgrade my E-2 visa to another type, like an L? Thank you!

—Restless in Redwood City

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VCs poured capital into European startups in Q3, but early-stage dealmaking appeared to suffer

VCs poured capital into European startups in Q3, but early-stage dealmaking appeared to suffer image

Image Credits: Nigel Sussman

Venture capital activity in Europe increased in Q3 2020, but after looking at the number of VC deals by stage Alex Wilhelm uncovered two trends that concerned him:

Investors tended to pump euros into startups that were already funded, and “the amount of money that went to first-financings was weak.”

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In the 'buy now, pay later' wars, PayPal is primed for dominance

In the 'buy now, pay later' wars, PayPal is primed for dominance image

Image Credits: the burtons / Getty Images

More retailers are expected to add buy now, pay later options to their checkout flows this holiday season, but integrating BNPL requires input from multiple stakeholders.

Mobile commerce platform Button analyzed 500,000 transactions involving more than 300 retailers over 90 days to see which alternative payment solutions were most popular.

“It's difficult to step out of PayPal's shadow,” but the study found that there’s still room for players like QuadPay, AfterPay, Klarna and Affirm to benefit from the rise in BNPL adoption.

Read more

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