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Beeper acquired by Automattic, fintech’s decline and YC’s lack of LatAm founders
The Equity Podcast dug into Automattic buying Beeper for $125 million and its purchase of Texts.com last year for $50 million. Elsewhere, Proton bought Standard Notes, and Proxima Fusion raised $21M.
When it comes to news items that we love at TechCrunch, IPOs rank pretty darn high. These deals are often very interesting as they either bring a gob of talent, or technology to an already growing company, potentially accelerating it. To close out, we looked at Anna Heim’s latest on Y Combinator’s evaporating number of participating startups from Latin America, which we posit could have something to do with fintech falling out of favor with investors — and fintech being the startup category that we most associated with Latin America founder activity.
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