Penta Squad’s Post

THIS IS GARGANTUAN!!! We are ALL IN! Enable was on the NASDAQ sign in Times Square, and on the NYSE floor! We were congratulated for our $135M Series D fundraising round and $1.135B valuation! Enable’s mission is to help manufacturers, distributors, and retailers build trusted trading relationships to serve customers better together, and we do that by helping them better manage the best incentives there are -- rebates! Rebates are the new currency of the #supplychain. They’re letting partners put the right incentivizes in place to drive the right behaviors so they can work as seamless extensions of each other. We’re proud to work with our customers and showcase the business outcomes rebates drive. Rebates are the Currency of the Supply Chain, Underscoring Enable’s $135M Series D Extension, Increasing Valuation to $1.135B | Enable 🌟 Thanks to our amazing team, investors, and all Enablees for believing in our vision and supporting our #growth. 🙌  #SeriesD 

🛍️ As Macy's closes stores and Family Dollar cuts back, Teemu's rise seems unstoppable. But can they truly "bury" Amazon without regulatory intervention? We're unpacking this giant battle in our latest episode 👉 https://lnkd.in/enPp7p5Q

🎉 Launch Day is Here! 🎉 When Mehdi Mahmoudi and I founded Blackroom in 2022, our mission was to transform M&A transactions through the power of Artificial Intelligence. Today, we are excited to officially launch our company and bring our vision to life. Why Blackroom? The M&A landscape is vast and complex, with nearly 50,000 deals taking place globally each year. We've witnessed firsthand the challenges posed by outdated and inefficient dataroom platforms. Existing players are hampered by structural limitations and technical debt, resulting in a lack of innovation. This inspired us to create Blackroom, a 3rd generation SaaS product that is user-friendly, clean, and designed to streamline document due diligence. What sets us apart? 🔒 Enhanced Security: Our AI-driven anonymization ensures data privacy and GDPR compliance. 📝 Automated Document Analysis: Instant summaries and detection of sensitive clauses save time and reduce errors. 🌍 Global Reach and Support: With numerous clients in France and abroad, and the backing of industry veterans, we are poised to make a significant impact. I would like to extend a heartfelt thank you to my team, who have worked tirelessly to design the product and build the most user-friendly, intuitive, and beautiful platform in the industry. A special thank you to our community who helped us shape this tool over the years. A special thanks to Adrien Ferreira,Antoine Trolliet, Antoine Ganancia,Adrien Senechal,Baptiste Behaghel,Eloi d'Halluin,Florian Conca,Filippo Bartolozzi,Flora Potier,Jean-Côme RENARD,Jonathan McDonnell,Julian Magnin,Kilian Barbier,Louis de Miscault,Maxime Lotigie,Melvin Stolf,Marwan Rizk,Maxime Terraes, Ronald GOMEZ Seán Damery, CFA,Thomas Bayart,Wladimir Boutet,William Dogger, and many others! I’m looking forward to showing you how Blackroom can help powering your M&A transactions, link in the first comment👇 #Launch #Blackroom #Finance #MergersAndAcquisitions #Innovation #Tech #AI #Startup #BusinessTransformation

He is a HIDDEN GEM 😱 I checked out MrBeast’s new President, Jeffrey Housenbold, on LinkedIn. He’s had 55 positions, including roles at - eBay - Shutterfly - DoorDash (Board of Directors & Investor) - and founded Mega-VC Softbank. He joined MrBeast as President and COO in May, 2 days ago. He’s a Silicon Valley insider, with a mix of successes and failures, but no media or creator experience. Will he succeed or clash with MrBeast’s team? Time will tell. What do you think about MrBeast’s new President? Share your thoughts! #TheCreatorEconomy #CreatorEconomyUpdates #Mrbeast

📈🤝 Exciting Partnership Opportunity with High Returns! 🤝📈 Join us at Penta Squad and explore the incredible partnership opportunity with 20 private labels in UK. Our CEO, Itzaz Khalid, will explain how we offer high returns on these labels, ensuring substantial growth for your investments. Don't miss out on this chance to maximize your profits and be part of a successful venture! . . . #PentaSquad #PartnershipOpportunity #HighReturns #PrivateLabels #ItzazKhalid #SmartInvesting #BusinessGrowth #FinancialSecurity #BeatInflation #InvestmentExperts #ai #ecommerce #amazon #invest #investors #business #Innovation #Leadership #founders #ceo #profit #marketstrategy #businesstips #shopify #ik

🚀 Snapdeal’s Unicommerce Files for IPO. 📈 Snapdeal-backed Unicommerce submits DRHP for its IPO with SEBI. 💼 IPO consists of only an Offer for Sale (OFS), with no fresh share issuance. 💰 Investors, including SoftBank, plan to sell up to 2.98 Cr shares in the IPO. 📉 Financials: Unicommerce reports a profit of INR 6.3 Cr in H1 FY24. 🌐 Unicommerce provides SaaS solutions for post-purchase ecommerce operations. 📊 Joining the IPO wave, Unicommerce follows Ola Electric, Awfis, FirstCry, and MobiKwik. #UnicommerceIPO #Snapdeal #SaaSStartup #IndianEquitiesMarket #StartUpNews #BusinessNews #MicroShots #NewsUpdates

🌟 Industry Insight: How Zappos Used Dream 100® to Build Strong Supplier Relationships In its early days, Zappos, now a household name in e-commerce, adopted the Dream 100® strategy to secure partnerships with the top shoe brands they wanted to work with but couldn’t initially access. How They Did It: Identified their top 100 suppliers, focusing on high-value shoe brands. Launched personalized campaigns, regularly reaching out to build relationships and show how the partnership would be mutually beneficial. Provided value through direct outreach and consistently nurtured connections. 🎯 The Result: Zappos eventually formed partnerships with top brands, giving them access to products that helped them become the go-to online store for shoes. Their success led to their acquisition by Amazon for $1.2 billion. Key takeaway: Building long-term relationships with your Dream 100 can open doors to exponential business growth. 🎯 #DreamBigMarketSmarter #Dream100® #MichaelTasner #Zappos #BusinessGrowth #EcommerceSuccess

𝗧𝗵𝗿𝗮𝘀𝗶𝗼, 𝗮𝗻 𝗔𝗺𝗮𝘇𝗼𝗻 𝗔𝗴𝗴𝗿𝗲𝗴𝗮𝘁𝗶𝗼𝗻 𝗦𝘁𝗮𝗿𝘁-𝘂𝗽, 𝗙𝗶𝗹𝗲𝘀 𝗳𝗼𝗿 𝗕𝗮𝗻𝗸𝗿𝘂𝗽𝘁𝗰𝘆 Thrasio, once hailed as the king of eCommerce aggregation, has filed for Chapter 11 bankruptcy protection. This decision comes despite securing $90 million in emergency funding, reflecting ongoing financial difficulties. Known for its strategy of acquiring and enhancing smaller Amazon-focused brands—a tactic that elevated it to prominence within the eCommerce sphere—Thrasio's journey involved raising over $3 billion for an ambitious acquisition. These acquisitions encompassed a broad range of products, including camping equipment and kitchenware. However, this "Amazon aggregation" business model has encountered significant challenges. The current economic downturn and a tight funding environment for tech ventures have necessitated a significant change of course. Thrasio's bankruptcy filing also exemplifies the recent struggles faced by high-growth tech companies. The company expects to use this process to strengthen its financial position and meaningfully deleverage its balance sheet. The Company will continue to operate its business normally and without interruption throughout the Chapter 11 process. Sources: TechCrunch

ecomm/retail friends.. We all know the margin & time drain that is returns processing and keeping up with the standards of free/easy returns. Redo's solution gets rid of all of that. It's: a) Completely Free b) Cuts return costs c) Handles return management from customer request through to shipping. d) Native to Shopify (but compatible with any site) It's a dream return solution that adds value, decreases costs and saves time. As an intern at Pelion Venture Partners I've gotten to see their growth from the inside - it's incredible. If you're in ecomm, I highly suggest checking them out.

We’ve probably all developed a healthy dose of speculation related to the resurgence of the IPO market. However, 2024 emerges as a potential game-changer as notable names gear up for their potential debuts this year. Here are some of the big names we could see go public this year. SHEIN, the fast-fashion giant, confidentially filed in November, eyeing a valuation boost from $66 billion to $90 billion. Panera Bread, after four years in private hands, is gearing up for a public return. Reddit, Inc., a familiar name for IPO watchers, has rekindled talks, pondering a $15 billion valuation. UL Solutions, a safety testing company, delayed its IPO plans to 2024, aiming for a $5 billion valuation amid growing demand for testing, inspection, and certification services. SKIMS, Kim Kardashian's underwear label, valued at $4 billion, is contemplating strategic options, while FinTech firm Chime, valued at $25 billion, might finally make its IPO move after postponing plans in 2023. Fanatics, the sportswear giant, valued at $31 billion, is gradually moving towards an IPO, and Klarna, the retail bank and payments service, in the black with a $6.7 billion valuation, could create more IPO buzz in 2024. Finally, Stripe, despite a valuation dip from $95 billion to $50 billion, remains a notable player, and Discord, valued at $15 billion, hints at potential public aspirations. As the IPO landscape heats up, I’m looking forward to seeing what the year has in store for these companies. https://lnkd.in/dA87QSZU   #ipo #newyear #business #capitalmarkets #valuations