What's the Deel with Remofirst, and why are VCs playing musical chairs? | TechCrunch – Techcrunch

Hear right here or wherever you salvage your podcasts.

Hi there, and welcome to Fairness, a podcast about the industry of startups, where we unpack the numbers and nuance at the attend of the headlines. Right here’s our Friday episode, wherein we dig via the most serious reviews and themes from the week.

On the present time on the pod, Mary Ann and Alex dug into an whole mess of news, including:

• Mews’ huge new round is proof that vertical SaaS + payments remains an limitless technique to fabricate a huge industry, and build a unicorn valuation at a time when these are increasing rarer.
• The worldwide firms taking up Carta, including QuotaLab in South Korea. An acquisition has helped QuotaLab magnify its product remit to founders, investors and their LPs.
• Deel’s own of Africa’s PaySpace received us speaking about how acquisitive the HRtech firm has been now not too lengthy ago. We also dug into news that Deel crossed the $500 million ARR mark, a feat that other firms in its market occupy managed, treasure Gusto. (Remofirst also raised extra capital, exhibiting stunning how competitive Deel’s market is today time.)
• Mission capital musical chairs: One Founders Fund investor has left the firm to return to building issues, whereas Benchmark lost a accomplice to their prior dwelling at Thrive. Predict extra, same moves this three hundred and sixty five days as venture resets from its final increase.

Now we occupy an interview coming out the next day to come to come that we’re stoked about, and would be attend on Monday. Talk soon!