Tune in tomorrow and watch five startups compete at Pitchers & Pitches

by admin August 13, 2020 at 4:06 am




Tune in tomorrow and watch five startups compete at Pitchers & Pitches – TechCrunch



























Ever hear the expression, “every master was once a disaster?” Now apply that to developing a well-crafted pitch. It takes practice and honest feedback to make a masterful pitch, and that’s exactly what you’ll get when you participate in our next Pitchers & Pitches. It’s 50 percent competition, 50 percent masterclass and 100 percent free.

Join us tomorrow, August 13, at 4 p.m. ET / 1 p.m. PT as five randomly chosen Digital Startup Alley exhibitors present their rapid-fire pitches to a panel of TC editors and expert VCs. (take a peek at this session’s competitors and judges below).

Get ready to take notes, ask questions — this is an interactive educational event — and apply what you learn to pump up your own 60-second pitch. Here’s another reason to pay close attention to the live pitches; the viewing audience decides which founder throws the best pitch. It’s a competition after all, with a prize and everything.

And it’s a pretty awesome prize if we do say so ourselves. The winner walks away with a consulting session with cela, a company that connects early-stage startups to accelerators and incubators that can help scale their businesses.

Anyone can attend Pitchers & Pitches — and learn valuable tips in the process — but only companies exhibiting in Digital Startup Alley at Disrupt 2020 can compete. If you’d like a shot at competing in our next Pitchers & Pitches event on September 2, purchase a Disrupt Digital Startup Alley Package. You’ll be ready to exhibit and pitch your startup genius to thousands of disrupt attendees from around the world.

Attending Pitchers & Pitches also gives you time to check out the new virtual Disrupt platform before it goes live in September, meet and video network with other P&P attendees and connect with the five pitching founders in their virtual booth in the startup expo.

It’s time to name names — judges are standing by to give their best feedback for this session. The panel consists of two TechCrunch editors — Zack Whittaker and Natasha Mascarhenas and two leading VCs — Sydney Thomas and Curtis Rodgers. When it comes to pitches, this group’s heard ‘em all — the good, the bad and the ugly. Follow their advice and you might just make it into the first category.

And here are the five startups ready to wring every advantage out of tomorrow’s competition.

Myneral Labs

Centrly

Primeclass

CarpeMed

Cirtru

Register here for the next Pitchers & Pitches — tomorrow, August 13 at 4 p.m. ET / 1 p.m. PT. Learn to master your pitch and get ready to make the most of all the opportunities you’ll find at Disrupt 2020.

Is your company interested in sponsoring or exhibiting at Disrupt 2020? Contact our sponsorship sales team by filling out this form.


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Creek seeks $3B valuation for its software IPO”,”content”:{“rendered”:”

American software company Duck Creek has upped the stakes in its impending IPO, raising its price target from a range of $19 to $21 per shareu00a0to $23 to $25 per share.n

The bump comes as software and cloud stocks have fallen more than 10% from recent highs, putting them in technical correction territory.n


n

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


n

The good news for the Boston-based startup focused on the insurance market, however, is that recent technology IPOs have seen strong performance at similar stock market levels. So, the recent market chop for its future cohort of public software companies may not prove too deleterious to its public offering hopes.n

This morning let’s calculate an updated valuation range for Duck Creek, re-run our math on its implied revenue multiples and compare those figures to today’s public market averages.n

Duck Creek’s products target the property and casualty insurance provider space, serving companies that sell coverage for automobile, rental and homeowners insurance.n

""When tinkering with Duck Creek’s first IPO price range ($2.44 billion to $2.70 billion), the company appeared to be reasonably priced. Let’s see what happens when it raises its share-price targets.n

A new valuationn

As before, Duck Creek is selling 15 million shares, a figure that rises to 17.25 million if its underwriters exercise their option to purchase more stock at the IPO price. So, at its new $23 to $25 per-share IPO price range, the company could raise between $396.75 million and $431.25 million.n

For a company that had revenue of $153.35 million in the three quarters ending May 31, 2020, it’s a large sum.n

Discounting the shares up for purchase by its underwriters, Duck Creek is worth between $2.95 billion and $3.21 billion. Including the extra equity, the figures rise to $3 billion and $3.26 billion.

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