Featured Stories
Selling an Edtech Business: The PositivePsychology.com Exit
PositivePsychology.com, a mission-driven edtech platform used by 19M+ professionals, was acquired in an 8-figure deal advised by FE International. This case study covers their growth, decision to sell, and the exit process.
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[NEW CONTENT LISTING] WordPress 5.5.1 maintenance release fixes millions of broken websites, potential new Apple search engine, Wish files to IPO, Facebook bans political ads ahead of election and more…
Recently, WordPress published new information detailing why WordPress 5.5 caused complications for millions of websites. WordPress describes the situation: “In WordPress 5.5 the global JavaScript objects listed below were removed without being deprecated. WordPress 5.5.1 adds a backfill for these globals so they no longer cause JavaScript errors.” Essentially, 5.5 was crashing sites thanks to an older plugin that relied on jQuery Migrate Library to function. The plugin stopped working after WordPress removed that library. WordPress released version 5.5.1 on September 1st to address the issue and help software developers fix both their plugins and themes.
[NEW Content Listing] FE International client announces acquisition, the SEC has adopted new accredited investor rules, and more
Banzai Acquires High Attendance As reported by Yahoo Finance, FE International client High Attendance formally announced its acquisition by venture-backed, leading event SaaS platform, Banzai. In total, High Attendance adds 10 team members to Banzai’s rapidly growing headcount of more than 80 employees.
Online Business Opportunities: 5 Questions for Determining The Right Opportunity
There is a wealth of reasons why investing in an established internet business can have distinct advantages when compared to investing offline. That said, finding the best internet business opportunity is essential to realizing these benefits and to post-sale success.
[NEW SaaS Listing] Shopify revenue doubles in Q2, the App Store commission dispute continues & US tech giants face congress.
Shopify revenue doubles in Q2. The Canadian e-commerce giant has released its Q2 results, and 97% revenue growth has been reported year on year. Shopify has benefited from the rush of businesses looking to set up online during the global pandemic, and new stores on the platform grew 71% in the second quarter. This growth has seen Shopify surpass eBay in online spending but the company now has its sights set on Amazon’s market share. The company is currently investing $1B in warehouse space and robotics to build a fulfillment network that can compete with Jeff Bezos’ e-commerce giant.
[NEW FBA Listing] Amazon launches a business accelerator, Google pays for news content, SaaS market growth predictions, App Store appeals process, and more
Google is to start paying for news content from select publishers as part of a “new news experience”. The program will start in Germany, Brazil, and Australia and will include publications like Der Spiegel and Schwarz Media. Spiegel Group’s Managing Director said, “[The program] will allow us to curate an experience that will bring our award-winning editorial voice into play, broaden our outreach, and provide trusted news in a compelling way across Google products.”
[NEW Content Listing] Mediavine changes its publisher requirements, Walmart teams up with Shopify, Google Chrome struggles and more
Mediavine has changed its requirements for new publishers due to increased demand for its services in the wake of COVID-19. Like many online businesses, Mediavine has seen a surge in activity due to the global lockdown, and this rush of new applicants has caused the company to rethink its entry requirements.
[NEW E-Commerce Listing] Amazon launches FBA credit lines, Affiliate marketing report released, new Google developer tools
Amazon has teamed with Goldman’s Marcus brand to offer credit to small businesses. Amazon had previously considered building its own marketplace for lenders, where lenders could compete over Amazon’s merchants. Instead, Amazon is to work exclusively with Goldman, offering revolving credit lines with fixed annual rates to small businesses.
[NEW SaaS Listing] The President vs Twitter, Microsoft’s relationship with Docker, and Google’s new ranking factor
President Trump has taken aim at social media companies after seeing his tweets flagged with alleged “misinformation” tags this week. The President has said he aims to introduce legislation that will curb the freedoms of social media companies after tweeting that he would shut down Twitter for interfering in an election. Share prices in Twitter have dropped since the Presidents response as extra regulation for social media companies will only hamper their growth prospects. However, it remains unclear as to whether the President’s Executive Order will be passed into law in the coming weeks and months.
[NEW SaaS Listing] Shopify announces product launches and updates, Amazon Prime Day moves to Fall and much more!
Shopify has unveiled a host of new finance, retail, and shipping updates for its e-commerce platform at a virtual event dubbed Shopify Reunite. The headline product is Shopify Balance, a business account, debit card and rewards combination that will include a new area found within the Shopify merchant admin workspace. It will allow merchants to get a clear overview of their cash flow as well as let them pay bills, track expenses, and make changes to the direction of their business.
