We're both extremely excited & proud to announce the acquisition of @Dejbox by Carrefour! A totally unique model in the food delivery space, an outstanding growth, and a professional & human love story between Partech and Vincent & Adrien 😘 linkedin.com/pulse/dejbox-s…

Sequoia Capital believes the era of mega-rounds for home-sharing, transportation, delivery startups is winding down as these companies shift to the public market, a source tells us. (Story w William Louch) wsj.com/articles/sequo…

[new post] Underutilized Fixed Assets - Why every successful marketplace is initially built on underutilized fixed assets - How marketplaces sequence eventually as their supply professionalizes - Why chinese restaurants kicking you out fast is true love kwokchain.com/2020/01/23/und…

I just published Food Delivery Wars: 3 Takeaways From The UberEats, Postmates, Grubhub, DoorDash Ecosystem — How It Boomed, And Why It’s At A Crossroads link.medium.com/aJwaI8uDo4

[Thread] #COVID2019’s impact on major China tech cos. (Didi, Meituan & food delivery, #BABA’s Hema & grocery delivery) shows clearly in Questmobile’s recent #coronavirus series. Largely as expected, but nonetheless surprising to see the extent of it visualized! Here: (1/5)

I’m angry that I have to write about the airline industry bail-out. But the raccoons are looking to get their losses socialized and their gains locked in. Bailout the airlines and rank-and-file employees? You bet. Bailout Buffett and the CEOs? No way. epsilontheory.com/do-the-right-t…

In mid April, Paychex had lost low to mid 20s percent of their customer base employees, either through companies shutting down, temporarily going on hiatus, or layoffs. Has improved modestly. They think it will be late FY 21 before they recover.

Datadog and several other players in the observability space recently released quarterly earnings. I review Datadog’s results and provide comparative updates on the competitive market dynamic. $DDOG softwarestackinvesting.com/datadog-ddog-s…

We are proudly backing energysquare. Attached you can find the post I wrote detailing some of our thinking around this very unique investment. Some of the highlights 👇 partechpartners.com/news/creating-…

>95% software services revenue retention rate sounds a lot like gross dollar retention right? Btwn this + back of the envelope CAC payback calcs using understated sales & mktg / inflated GAAP revs investors are being taken for a ride by some pub SaaS cos. seanfanning.substack.com/p/626-openview…

🤝Hiring Announcement🤝 Thrilled to announce that Andrew Whiting & Klaudyna Augler have joined our Growth Equity team! Andrew joins as Growth Principal and Klaudyna as Senior Associate. Read more about our new arrivals and why our team is so excited ow.ly/VERA50Bsn1Q

Product failure is expensive. And look around, it’s common. Why do products fail? Is it becos we can't build the product? No Is it becos we launched it N weeks late? Almost never So what is it? The 7 Biases of Product teams, a very visual thread:

Patrick OShaughnessy I subsequently found a slightly different, but certainly better thought out, map from Sameer Singh. Thinking through the differentiation of supply, and its accessibility, is a commonality between the two. medium.com/breadcrumb/def…

1/ Continue to think about this broader point, but in regards to instances where metrics that were traditionally viewed as negative could actually represent a positive signal worth paying attention to. Some recent-ish examples... x.com/LennyIce/statu…

“Creative intensity” is the rate at which products or services go stale and new ones must be created. It is the key factor in predicting the future of marketplaces. On the left, the marketplace model will ultimately go extinct. On the right, it will persist. A thread 🧵👇

As Élie Yaffa raises a $50M Series A with Benchmark 💥 to help football fans own their passion, we want to reflect back on a truly inspirational & insightful story! Congratulations to the champions Nicolas Julia, @adrienmontfort & their team 🔥 Partech linkedin.com/pulse/from-cha…

Lots of talk on the 10 Year and how it relates to cloud multiples. I ran the numbers. Median cloud multiples (EV / NTM Revenue) peaked around Feb 8th. Since then, the median multiple and 10 Year are -93% correlated! That level of (inverse) correlation is crazy 🤯

SHEIN is the quiet Chinese quindecacorn #addicting America's Gen Z shoppers. You've probably never heard of them. - $10bn in 2020 rev - $15bn valuation, Sequoia & Tiger - #2 shopping app in the US - Creating real-time retail Matthew Brennan & I go DEEP. notboring.co/p/shein-the-ti…

On Day3 the Prophetic Partech Partridge gave the three French hens🐔 a much-needed day off as our very own Victor Huberson joined elena_moneta, Melissa Donohoe from Notion Capital, and Matthieu Marchand 🌍🌏🌎 to chat about more visionary #PartechPredictions2024 - 1/9