Euan Marshall’s Post

Thrilled to announce Ramp's $300M Series D at a $5.8 billion post-money valuation, and we have our customers and investors to thank for their support and confidence in our mission. Since Day 1, we've been obsessed with making customers insanely happy. Ramp has never been in a better position to deliver time and money savings for businesses of all sizes. It's now Day 1,618 at Ramp and we are: 1. Hiring in order to increase our ambition and deliver much more value to customers, much faster 2. Shipping products customers never knew they needed (and now cannot live without) 3. Showcasing the Ramp product alongside legacy systems, listening to users, and letting the finance automation and workflows speak for themselves. DM me if you'd like a personalized tour on Ramp, and we'll roll up our sleeves to deliver.

Brex to layoff 20% of their staff. Business leaders often have to make tough decisions. I like the approach that Pedro Franceschi and Henrique Dubugras take. They accept full ownership of the decisions that took the company down this path and the layoffs, without too much jargon and too many boring buzzwords and meme typical excuses or blame. I think their support package is solid and it shows those who stay what they might expect to happen to them should the leaders need to pivot the company again. #leadership #ownership #responsibility #accountability https://lnkd.in/e6yY6rrs

Global M&A activity is down significantly from a 2021 peak, with companies now navigating a higher cost of capital and more rigorous antitrust scrutiny, particularly in the U.S. Our latest blog explores several mergers that recently fell apart amid regulatory headwinds, including the JetBlue Airways and Spirit Airlines M&A saga and the cancellation of Amazon’s iRobot acquisition. Read more about the evolving antitrust risk climate and its implications for investors and boards. https://hubs.ly/Q02jPMwf0

What would a company founder do if their company was almost on the verge of bankruptcy? Shut it down? Sell it off? Sell stake in the company or something else? What FedEx's founder did when the company was having a high chance of bankruptcy may surprise you! Find out more by reading this interesting story! #founders #business #fedex

Last week brought some noteworthy developments in the world of mergers and acquisitions, shaping the future of key players. As a Business Development Associate in financial services, staying abreast of such news is crucial for informed decision-making. In a surprising turn of events, the European Union Commission has signaled its intent to reject Amazon's proposed acquisition of iRobot. Antitrust concerns have cast a shadow on the $61 per share deal, with the EU expressing worries about potential preferential treatment for Amazon's products. This move has sent shockwaves through the market, causing iRobot's stock to plummet by 45% to $17 per share. As the financial landscape evolves, it's imperative for us to monitor these developments closely. 🔄 **JetBlue's Bid for Spirit Airlines Hits a Roadblock:** Adding to the scrutiny, a federal judge stepped in to block JetBlue's acquisition of Spirit Airlines. Judge William Young, in alignment with the Justice Department, raised concerns about eliminating competition and limiting low-cost options for consumers. The aftermath has been felt in the market, with Spirit's stock witnessing a significant 54% drop post the news. These events highlight the delicate balance between corporate strategy and regulatory considerations. As we navigate these turbulent waters, it becomes increasingly important for financial professionals to analyze, adapt, and strategize. The interplay of market dynamics, regulatory landscapes, and corporate decisions shapes the future of businesses and investments. Let's keep a watchful eye on these unfolding stories, as they undoubtedly have ripple effects in the financial ecosystem. Your thoughts and insights on these developments are welcomed – how do you foresee these events impacting the broader market? #FinancialNews #MergersAndAcquisitions #BusinessDevelopment #FinancialServices #MarketAnalysis

From the former CEO & Chairman of American Express, Ken Chenault: “We believe Ramp is emerging as an enduring leader in the new category of finance automation. It is setting a new standard for what businesses should expect –  transparency, value, efficiency, and tangible time and money savings.” I couldn't agree more. We're super excited to announce our $300M Series D to help businesses of all sizes save time and money. It’s only Day 1,618 at Ramp. We’re just getting started. https://lnkd.in/e4hFqXsz  

🌟 We're thrilled to announce that Brex has been recognized as one of the World's Most Innovative Companies of 2024 by Fast Company! 🏆 This honor is a true testament to our team's dedication, our amazing investors, and of course, our incredible customers. From startups to enterprises, we're proud to help companies of all sizes manage spend at scale worldwide with our AI-powered spend platform. 💪 🔥 Over the past six years, we've evolved from a corporate card to a leader in the spend management space. Our commitment to providing an exceptional experience for our customers across the startup community and global enterprises remains unwavering. 🗣️ "To be recognized on Fast Company's Innovative Companies list is a testament to our commitment to our customers," says Henrique Dubugras, co-founder and co-CEO of Brex. 💡 Discover how we're shaping the future of spend management and revolutionizing how companies handle their finances. Check out the article and learn more about our journey: [Link to article] #Brex

There are a lot of AI solutions for legal tech coming to market. Keep an eye on Alma. I’ve seen a preview and its drafting capability is the real deal. Also, keep an eye on Aizada Marat and Assel Tuleubayeva. They’ve got the talent and leadership skill to make their company a big success. #ai #legaltech