Elevaate Acquisition
We're very proud to announce the acquisition of Haatch portfolio Company Elevaate by Quotient Technology Inc (NYSE: QUOT).
Quotient’s a huge business with a shopper audience of over 100 million and with Elevaate fully integrated and Ken Platt at the helm, we're very excited for the future.
Elevaate is one of many acquisitions to come from the Haatch portfolio and we are not stopping here!
Earlier this month we launched Haatch Ventures LLP our first EIS fund and over the next few weeks, we’ll be sharing an insight into what we’re up to, where we’re investing and what’s next for Haatch!
The latest
from Haatch
‘Capital Growth’ Has Many Meanings. So does ‘Performance’!
Why do we invest? The glib answer is ‘to make money’. For most investors however, I suspect the reasons are much more nuanced.
When I first committed funds to a Haatch portfolio company, the reasons for doing so were multiple. Of course, I was looking forward to value amplification and the tax basis was also highly attractive. However, I also had a strong sense of wanting to ‘plug in’ to a modern, cutting-edge area of technology.
Headcount Is Dead as a Growth Metric. Here's What Our Portfolio Data Says Replaced It.
For two decades, venture capital used a crude proxy for progress: how many people have you hired? Team size signalled ambition, traction, momentum. If a seed-stage company doubled headcount, it was "scaling."Our portfolio data now tells us that era is over.Across roughly 200 early-stage B2B software companies we track, median revenue growth over the past two years ran at around 50% annualized. Median headcount growth over the same period? Zero.
