Marketing software provider Klaviyo revealed its filing for an initial public offering on Friday, showing the company turned profitable in the first half of this year as it cut cloud computing expenses and other costs. Klaviyo reported $15 million in net income in the first half compared with a loss of $25 million the same period a year earlier, while revenue rose 54% to $321 million over the...
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What a Brazilian Steakhouse Says About the Tech Economy
Hi, welcome to your Weekend.One of my favorite tech memes is the “We’re so back” post, the kind that pokes fun at the industry returning to the good old days of expensive perks and wine-soaked dinners.I had a real-life “We’re so back” moment this week when I attended a bacchanalian feast thrown by Bain Capital Ventures at Fogo de Chão in San Francisco. Bain Capital’s private equity arm...
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