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finding GTM, China’s edtech clampdown and how to define growth – 98bmp

Early-stage startups tend to claim that their go-to-market strategy is fully operational. In reality, GTM is a stark numbers game, and even with a solid plan in place, it can be easily foiled by common problems like turf battles and poor communication. Finding GTM fit is a milestone for any startup that includes everything from expanding the engineering team to launching your first media buy. But how do you know […]

todayJuly 23, 2021 1


Indonesia “sea-to-table” platform Aruna hooks $35M led by Prosus and East Ventures Growth Fund – 98bmp

When Aruna’s founders first met at university, they wanted to find a way to use their studies in information technology to help family members who were running small fisheries. Indonesia is one of the world’s largest fisheries producers, but the industry is very fragmented. This means fisheries, especially small ones, deal with fluctuations in demand and price instability. Aruna was created to bring them closer to customers like restaurants and […]

todayJuly 22, 2021 1


The billionaire space race epitomizes capitalism’s destructive obsession with growth

Mars ain’t the kind of place to raise your kids, laments the Rocket Man in Elton John’s timeless classic. In fact, it’s cold as hell, but that doesn’t seem to worry a new generation of space entrepreneurs intent on colonizing the “final frontier” as fast as possible.Don’t get me wrong. I’m no sullen technophobe. As lockdown projects go, NASA’s landing of the Perseverance rover on the surface of the red […]

todayJuly 21, 2021 2


This week in growth marketing on 98bmp – 98bmp

98bmp is trying to help you find the best growth marketer to work with through founder recommendations that we get in this survey. We’re sharing a few of our favorites so far, below. We’re using your recommendations to find top experts to interview and have them write their own columns here. This week we talked to Kathleen Estreich and Emily Kramer of new growth advising firm MKT1 and veteran designer […]

todayJuly 3, 2021 3


Duolingo’s S-1 depicts heady growth, monetization, new focus on English certification – 98bmp

Duolingo filed to go public yesterday, giving the world a deep look inside its business results and how the pandemic impacted the edtech unicorn’s performance. 98bmp’s initial read of the company’s filing was generally positive, noting that its growth was impressive and its losses modest; Duolingo recently began making money on an adjusted basis. While the company’s top-level numbers are impressive, we want to go one level deeper to grow […]

todayJune 29, 2021 1


YC-backed Ziina raises $7.5M seed led by Avenir Growth Capital and Class 5 Global – 98bmp

Cash is the predominant method of sending and receiving payments in the Middle East. If you owe someone a cup of coffee or a trip over a long period, repaying via cash is your best bet. This is one problem out of many financial issues that haven’t been addressed in the region. The good news is that startups are springing up to provide solutions. Last month Telda, a now two-month-old […]

todayJune 7, 2021 6


6 investors and founders forecast hockey-stick growth for Edinburgh’s startup scene – 98bmp

Scotland is slowly but surely drawing attention in the UK’s startup space. In 2020, Scottish startups collectively raised £345 million, according to Tech Nation, and with nearly 2,500 startups, it has the highest number of budding tech companies outside London. Venture capital fundraises are also consistently on the rise every year. Scotland’s capital Edinburgh boasts a beautiful, hilly landscape, a robust education system and good access to grant funding, public […]

todayMay 29, 2021 2


How Apple reportedly gave up control of iCloud for business growth in China

China is one of the biggest markets in the world for Apple’s products. In its recent quarterly results, the company registered a whopping $17.7 billion in iPhone sales in the region.However, this stellar business performance comes at a cost of user privacy and ceding control over its own ecosystem. According to a new report from The New York Times, Apple gave in to China’s multiple demands, including custom hardware for […]

todayMay 18, 2021 3


Apple talks App Store fraud, responds to antitrust complaints; Facebook growth is slipping – 98bmp

Welcome back to This Week in Apps, the weekly 98bmp series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices alone. And in the U.S., app usage surged ahead of the time spent watching live […]

todayMay 16, 2021 2