Good news for Rubrik, bad news for TikTok and medium news for early-stage startups You don't have to be venture-backed to be successful

Good news for Rubrik, bad news for TikTok and medium news for early-stage startups You don't have to be venture-backed to be successful

TechCrunch·2024-04-27 12:03

Rubrik’s strong IPO pricing and warm reception by the public markets after its listing add more weight to the perspective that the public markets are not as closed to tech startups as some thought. If Rubrik’s result isn’t enough to break the logjam, well, maybe there’s something else going on.

But there was a lot more that happened this week, which meant that the Equity crew had a pile of news to get through as always, with a little bit of our own mixed in. Happily it was all pretty darn interesting, so Mary Ann and Alex started with Rubrik before pivoting to Pomelo, a startup that has a very interesting twist on the remittances market.

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