As COVID surges, what can data tell us about Airbnb’s recovery?

This is The TechCrunch Exchange, a newsletter that goes out on Saturdays, based on the column of the same name. You can sign up for the email here. DoorDash filed to go public on Friday, meaning we’ll have at least one more unicorn IPO before 2020 comes to a close. For a high-level look at its numbers, I wrote this, Danny covered who will profit from the deal, and I noodled on the impact of COVID-19 on its business. I bring all that up because there is another COVID-19 impacted unicorn that we are expecting to see go public in very short...

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DoorDash IPO bets that the pandemic has accelerated change

Editor’s note: Get this free weekly recap of TechCrunch news that any startup can use by email every Saturday morning (7 a.m. PT). Subscribe here. DoorDash has become the go-to delivery choice for millions of people cooped up during the pandemic this year. Now it has filed an S-1, revealing its financials as it nears a long-intended IPO. These innards show an exciting business — and a larger story about how the year is going for tech companies in general. When the company filed initial public offering paperwork back in February, it was...

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Bonus: An extra week to save on tickets to TC Sessions: Space 2020

When you’re laser-focused on reaching beyond the stars, it’s hard to remember more earthly, mundane tasks. That’s why we’re giving you an extra week to score early-bird savings to TC Sessions: Space 2020 (December 16-17). So, to all you harried, procrastinating visionaries: take a breath, relax a bit and buy your pass before November 20 at 11:59 p.m. (PT). Join the two-day online conference to hear from and connect with the leading forces within the space industry. Learn how to secure grants for your space company, how and where the Air Force...

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NextView Ventures closes its fourth fund with $89 million

NextView Ventures, a Boston-based venture capital fund, has raised an $89.6 million fund, according to SEC filings. The firm’s fourth fund, its largest to date, is oversubscribed, with early documents indicating a $70 million goal. The NextView Ventures team did not immediately respond to request for comment. NextView Ventures was launched in 2010 by Rob Go, a former partner at Spark Capital; Dave Beisel, who clocked time at Venrock and Masthead Venture Partners; and Lee Hower, a former investor at Point Judith Capital. Melody Koh joined as a partner...

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Filing: Online learning marketplace Udemy is raising up to $100M at a $3.32B valuation

Online education has been one of the hotspots in the tech world this year, as people turn to e-learning tools to fill in the gaps variously arising from closed schools, closed offices, social distancing and more time on our hands at home because of the COVID-19 pandemic. And that is giving a big bump to education startups, which are raising money to capitalise on the growth opportunity. In one of the latest developments, Udemy — which provides a marketplace currently numbering some 130,000 video-based courses across 65 languages, ranging from learning...

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Extra Crunch roundup: Inside DoorDash’s IPO, first-person founder stories, the latest in fintech VC and more

One of my favorite series of Monty Python sketches is built around the concept of surprise: Chapman: I didn’t expect a kind of Spanish Inquisition. [JARRING CHORD] [Three cardinals burst in] Cardinal Ximénez: NOBODY expects the Spanish Inquisition! I was reminded of this today when I needed to reschedule a few stories so we could cover DoorDash’s S-1 filing from multiple angles. First, Managing Editor Danny Crichton looked at how well the company’s co-founders and many investors stand to make out. Alex Wilhelm covered the IPO...

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How COVID-19 accelerated DoorDash’s business

DoorDash filed to go public today, publishing numbers that showed rapid growth, enhanced profitability and an improving cash flow record which helped explain how the company had grown to a $16 billion valuation while private. The unicorn’s impending liquidity event will enrich a host of venture capital firms that bet on its eventual maturity. Instead of posting this entry of The Exchange on Monday, we’ve put it out today for your Friday and weekend reading. Enjoy! — Alex and Walter.  But notable in DoorDash’s impressive results is the impact...

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Springtide, an autism treatment center network, raises $15.6 million

With one in 54 children diagnosed with autism spectrum disorder in the U.S., the issue of how to treat patients diagnosed with the condition has become almost as acute as the prevalence of the condition itself. That’s one reason why Jia Jia Ye and the team at the healthcare startup studio Redesign Health were able to raise $15.6 million in a recent round of funding for the new startup, Springtide Child Development. A longtime executive in the healthcare industry with previous stints at OneMedical and Oscar, Ye and Redesign Health’s team began talking...

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Getaround tops up $25M debt financing to its $140M Series E

Silicon Valley peer-to-peer car rental startup Getaround has secured a $25 million loan from Horizon Technology Finance Corporation. The financing announcement comes one month after Getaround raised $140 million from investors, including SoftBank Vision Fund, Menlo Ventures, Reid Hoffman and Mark Pincus’ Reinvent Capital. Getaround’s raise signals that the company is looking for new ways to secure cash without further diluting executives or investors. A Getaround spokesperson said “Horizon presented an opportunity that provides us with additional...

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