Podcasts Business Entrepreneurship Equity Beeper acquired by Automattic, fintech's decline and YC's lack of LatAm founders

Beeper acquired by Automattic, fintech's decline and YC's lack of LatAm founders

Published: April 12, 2024, 2 p.m.

Today, the Equity crew dug into Automattic buying Beeper for $125 million. Recall that the WordPress parent company bought Texts.com last year for $50 million. Elsewhere in deal-land, Proton bought Standard Notes, and we recently discussed the Wonderschool-Early Day purchase. More, please!\n\nIn the Deals of the Week column, Mary Ann chose Payjoy\u2019s massive new run rate, while Alex wanted to riff on the Proxima Fusion round that could help bring the next energy revolution a little bit closer to reality.\n\nAnd to close out, we looked at Anna Heim\u2019s latest on Y Combinator\u2019s evaporating number of participating startups from Latin America, which we posit could have something to do with fintech falling out of favor with investors \u2014 and fintech being the startup category that we most associated with Latin America founder activity.