Monthly Archives: September 2022

Spotify exec says the company will begin testing audiobooks ‘very soon’

Spotify CFO Paul Vogel says the music streaming platform will begin testing and trialing audiobooks “very soon.” The Spotify executive said the company plans to continue to expand its portfolio of products, as it sees opportunities for growth in both its established markets and its developing markets. Vogel made the comments on Wednesday at the…

Avalara shareholder wants to block its $8.4B sale to Vista Equity Partners

Vista Equity Partners’ proposed $8.4 billion deal to acquire automated tax compliance company Avalara has hit a bump in the road. One of Avalara’s biggest shareholders revealed that it’s voting against the transaction, as it “significantly undervalues” the company. Founded in 2004, Seattle-based Avalara helps big-name companies such as Zillow, Pinterest and Roku automate many…

5 metrics Series A investors look for at dev tools startups

Rak Garg Contributor Share on Twitter Rak Garg is a principal at Bain Capital Ventures where he leads early-stage investments in developer tools, data infrastructure, cybersecurity and enterprise software. A year ago, developer-focused software companies were being funded at huge valuations, buoyed by the prospect of blockbuster IPOs like those from Snowflake, HashiCorp and Confluent….