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What to expect from Apple’s hardware event


Q2 financials published in August, reported ARR of $25 million, with invoiced revenue for the quarter at $9.6 million, growing some 317% on the same quarter a year before. The company has also raised some $110 million in private funding from the likes of Microsoft and Disney.n

As Kahoot looks to find more than just a transient place in a company’s IT and software fabric — transience of attention always being a risk with anything gaming-based — it makes a lot of sense to pick up Actimo and work on ways of coupling the platform with its other corporate work. You can also imagine a time when it might create a similar kind of dashboard for the educational sector.n

u201cWe are excited to welcome the Actimo team to be part of the fast-growing Kahoot! family,u201d said Kahoot! CEO, Eilert Hanoa, in a statement. u201cThis acquisition will further extend Kahoot!u2019s corporate learning offerings, by providing solutions tailored for the frontline segment, as well as to solidify company culture and engagement among remote and distributed teams in companies of all types and sizes. This continues our expressed ambition to also grow through M&A by adding strategic capabilities that we can leverage across our global platform.u201dn

u201cWe are thrilled to join forces with Kahoot! in our mission to develop next-level solutions that connect remote employees and boost employee engagement and productivity,u201d said Eske Gunge, CEO at Actimo, in a statement. u201cBeing part of Kahoot! and with our experience from working with innovative and ambitious enterprises across industries, we can together set a new standard for corporate learning and engagement.u201dn”,”protected”:false},”excerpt”:”rendered”:”

Norwegian company Kahootu00a0originally made its name with a platform the lets educators and students create and share game-based online learning lessons, in the process building up a huge public catalogue of gamified lessons created by its community. Today the startup — now valued at over $2 billion — is announcing an acquisition to give a […]n”,”protected”:false,”author”:13119829,”featured_media”:2047262,”comment_status”:”open”,”ping_status”:”closed”,”sticky”:false,”template”:””,”format”:”standard”,”meta”:”outcome”:””,”status”:””,”crunchbase_tag”:0,”amp_status”:””,”carmot_uuid”:”76e24cf2-75ef-3732-bc6f-7ad06f5e2928″,”categories”:[1342,449557044,449557100,1256,449560964],”tags”:[8963,3909,449557143,149062,943],”crunchbase_tag”:[],”tc_stories_tax”:[],”tc_ec_category”:[],”tc_event”:[],”jetpack_featured_media_url”:”https://techcrunch.com/wp-content/uploads/2020/09/Kahoot-business-challenge-app.jpg”,”shortlink”:”https://tcrn.ch/3hy7GoV”,”rapidData”:”pt”:””,”pct”:””,”featured”:false,”subtitle”:””,”fundingRound”:false,”seoTitle”:””,”seoDescription”:””,”premiumContent”:false,”premiumCutoffPercent”:1,”tc_cb_mapping”:[“slug”:”elearning”,”cb_name”:”eLearning”,”cb_slug”:”elearning-04e6-organization”,”cb_link”:”https://crunchbase.com/organization/elearning-04e6″],”associatedEvent”:null,”event”:null,”authors”:[13119829],”hideFeaturedImage”:false,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts/2047259″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/types/post”],”replies”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/comments?post=2047259″],”version-history”:[“count”:1,”href”:”https://techcrunch.com/wp-json/wp/v2/posts/2047259/revisions”],”predecessor-version”:[“id”:2047263,”href”:”https://techcrunch.com/wp-json/wp/v2/posts/2047259/revisions/2047263″],”authors”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/tc/v1/users/13119829″],”https://techcrunch.com/edit”:[“href”:”https://techcrunch.com/wp-admin/post.php?post=2047259&action=edit”],”author”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/tc/v1/users/13119829″],”wp:featuredmedia”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/media/2047262″],”wp:attachment”:[“href”:”https://techcrunch.com/wp-json/wp/v2/media?parent=2047259″],”wp:term”:[“taxonomy”:”category”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/categories?post=2047259″,”taxonomy”:”post_tag”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/tags?post=2047259″,”taxonomy”:”_tc_cb_tag_taxonomy”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/crunchbase_tag?post=2047259″,”taxonomy”:”tc_stories_tax”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_stories_tax?post=2047259″,”taxonomy”:”tc_ec_category”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_ec_category?post=2047259″,”taxonomy”:”tc_event”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_event?post=2047259″],”curies”:[“name”:”wp”,”href”:”https://api.w.org/rel”,”templated”:true],”_embedded”:{“authors”:[“id”:13119829,”name”:”Ingrid Lunden”,”url”:””,”description”:””,”link”:”https://techcrunch.com/author/ingrid-lunden/”,”slug”:”ingrid-lunden”,”avatar_urls”:”24″:”https://secure.gravatar.com/avatar/6648ec93043f0f368091adece63c6d52?s=24&d=identicon&r=g”,”48″:”https://secure.gravatar.com/avatar/6648ec93043f0f368091adece63c6d52?s=48&d=identicon&r=g”,”96″:”https://secure.gravatar.com/avatar/6648ec93043f0f368091adece63c6d52?s=96&d=identicon&r=g”,”links”:”facebook”:”https://www.facebook.com/ingridlunden”,”twitter”:”https://twitter.com/ingridlunden”,”linkedin”:”https://www.linkedin.com/in/ingridlunden”,”crunchbase”:”https://www.crunchbase.com/person/ingrid-lunden”,”position”:”Writer”,”cbDescription”:”

Ingrid is a writer and editor for TechCrunch, joining February 2012, based out of London.nn

Before TechCrunch, Ingrid worked at paidContent.org, where she was a staff writer, and has in the past also written freelance regularly for other publications such as the Financial Times. Ingrid covers mobile, digital media, advertising and the spaces where these intersect.nn

When it comes to work, she feels most comfortable speaking in English but can also speak Russian, Spanish and French (in descending order of competence).”,”cbAvatar”:”https://crunchbase-production-res.cloudinary.com/image/upload/v1421351035/tbebbexwnizrc5qurxt4.jpg”,”twitter”:”ingridlunden”,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/tc/v1/users/13119829″],”collection”:[“href”:”https://techcrunch.com/wp-json/tc/v1/users”]],”author”:[“id”:13119829,”name”:”Ingrid Lunden”,”url”:””,”description”:””,”link”:”https://techcrunch.com/author/ingrid-lunden/”,”slug”:”ingrid-lunden”,”avatar_urls”:”24″:”https://secure.gravatar.com/avatar/6648ec93043f0f368091adece63c6d52?s=24&d=identicon&r=g”,”48″:”https://secure.gravatar.com/avatar/6648ec93043f0f368091adece63c6d52?s=48&d=identicon&r=g”,”96″:”https://secure.gravatar.com/avatar/6648ec93043f0f368091adece63c6d52?s=96&d=identicon&r=g”,”links”:”facebook”:”https://www.facebook.com/ingridlunden”,”twitter”:”https://twitter.com/ingridlunden”,”linkedin”:”https://www.linkedin.com/in/ingridlunden”,”crunchbase”:”https://www.crunchbase.com/person/ingrid-lunden”,”position”:”Writer”,”cbDescription”:”

Ingrid is a writer and editor for TechCrunch, joining February 2012, based out of London.nn

Before TechCrunch, Ingrid worked at paidContent.org, where she was a staff writer, and has in the past also written freelance regularly for other publications such as the Financial Times. Ingrid covers mobile, digital media, advertising and the spaces where these intersect.nn

When it comes to work, she feels most comfortable speaking in English but can also speak Russian, Spanish and French (in descending order of 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and Snowflake’s aggressive IPO pricing point to strong demand for cloud shares”,”content”:{“rendered”:”

After raising their IPO price ranges, both JFrog and Snowflake priced above their refreshed intervals last night. At their final IPO prices, the two debuts are aggressively valued, showing continued optimism amongst public investors that cloud shares are an attractive bet, even if their growth is financed through a history of steep losses, as in the case of Snowflake .n


n

The Exchange explores startups, markets and money. Read it every morning on Extra Crunch, or get The Exchange newsletter every Saturday.n


n

The JFrog IPO pricing is notable because it shows how much public investors are willing to pay for 50% growth and recent profits from a SaaS company. And Snowflake’s pricing is noteworthy for showing the value of huge growth and improving economics.n

""This morning we’ll explore the two companies’ final values, compare those results to their initial IPO price ranges and calculate their current revenue multiples based on last-quarter’s annual run rates. This is going to be fun.n

Later today we’ll have updates on how they open to trade. For now, let’s get into the math and valuation nuance you and I both need to understand just where the public market is today as so many unicorns are either en route towards an IPO, or are standing just outside the pool with a single hoof dipped to check the temperature.n

Price This, You Filthy Animaln

JFrog priced its IPO at $44 per share, above its raised range of $39 to $41 per share and comically higher than its first price interval of $33 to $37 per share. Indeed, the company’s final IPO price was 33.3% higher than the lowend of its first proposed pricing range.n

Though I doubt anyone expected the company to go for so little as $33 per share, JFrog’s pricing run shows strong demand even before it began to float.



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