Hendri Wigunah

Hendri Wigunah

Startup Founder & Millenial Entrepreneur

Should cash-strapped Snapchat sell out? To Netflix? – TechCrunch

Snapchat needs a sugar daddy. Its cash reserves are dwindling from giant quarterly losses. Morale is poor from a battered share price and cost-cutting measures sap momentum. And intense competition from Facebook is preventing rapid growth. With just $1.4 billion in assets remaining at the end of a brutal Q3 2018 and analyst MoffetNathanson estimating it… Continue reading

LendingTree is the secret success story of fintech – TechCrunch

For all of the excitement centered around fintech over the past half-decade, most venture-backed fintech companies struggle to acclimate to public markets. LendingClub and OnDeck have plummeted since their late 2014 IPOs after several years of darling status in the private markets. GreenSky, which went public in May of this year, has been unable to… Continue reading

Washington hit China hard on tech influence this week – TechCrunch

After months of back-and-forth negotiations, Washington moved rapidly this past week to fend off the increasing transcendence of China’s tech industry, with Congress passing expanded national security controls over M&A transactions and the Trump administration heaping more pressure on China with threats of increased tariffs. We’ve been following the reforms to CFIUS — the Committee… Continue reading

a look at M&A deals – TechCrunch

In startup land, the mandate is to get bought, go public or die trying. And, as far as getting bought goes, one of tech’s Big Five could be a desirable acquirer. They have a lot of weight to throw around. Alphabet (the parent company of Google), Amazon, Apple, Facebook and Microsoft account for a titanic amount of market value — close to… Continue reading

US startups off to a strong M&A run in 2018 – TechCrunch

Joanna Glasner Contributor More posts by this contributor Scaling startups are setting up secondary hubs in these cities Here is where CEOs of heavily funded startups went to school With Microsoft’s $7.5 billion acquisition of GitHub this week, we can now decisively declare a trend: 2018 is shaping up as a darn good year for… Continue reading