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How to bring life to (and fund) an API with Matt Sueoka and Stephany Kirkpatrick

So you’ve made an API. It connects one thing to another, and it works well. So how do you turn that into a business? On this week’s TechCrunch Live, I host the perfect pairing if guests to talk about this. Stephany Kirkpatrick co-founded and runs Orum and has raised $82m for the company, which sells…

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So you’ve made an API. It connects one thing to another, and it works well. So how do you turn that into a business? On this week’s TechCrunch Live, I host the perfect pairing if guests to talk about this.

Stephany Kirkpatrick co-founded and runs Orum and has raised $82m for the company, which sells the Momentum API

Orum calls it “A simple, smart payments API.” It enables customers and businesses access to real-time payment rails without requiring a bank integration. This is a hugely impressive feat – but we’re not here to talk about the API itself but how you get investors to fund an API.

With Stephanie, we have Matt Sueoka from AMEX Ventures – the VC arm of American Express. They participated in Orum’s Series A. And I think this makes for an interesting setup.

AMEX Ventures is a corporate venture capital firm, and they tend to have different goals and operational input than a traditional VC fund. And because of that, you, as a startup founder, should have different approaches and expectations. We’ll talk about it.

But first, let’s talk about TechCrunch Disrupt. The show is coming up in October, and tickets are still available. It’s live and in person in San Francisco’s Moscone Center. We have five stages of content with huge newsmakers on the Disrupt stage, more content like TechCrunch Live on the TC + stage, breakouts sessions, Q&A events, and Startup Battlefield, which is huge this year. Anyway, I hope you can make it. If anything, come to the event and watch me mess up live and in person. I’m hosting Startup Battlefield, which means there are so many names I’ll going to miss pronounce.

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10 Comments

10 Comments

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    September 22, 2022 at 2:19 pm

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Bloomberg Technology

Tesla Plans Additional $25 Billion in Spending | Bloomberg Tech 4/23/2026

Bloomberg’s Caroline Hyde and Ed Ludlow discuss Tesla’s plans to spend an additional $25 billion this year to support Elon Musk’s AI ambitions. Plus, Intel shares jump after the company pledges to support Musk’s advanced chip manufacturing project, Terafab. And, Lyft CEO David Risher discusses the company’s international growth plans as the ride-hailing firm buys…

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Bloomberg’s Caroline Hyde and Ed Ludlow discuss Tesla’s plans to spend an additional $25 billion this year to support Elon Musk’s AI ambitions. Plus, Intel shares jump after the company pledges to support Musk’s advanced chip manufacturing project, Terafab. And, Lyft CEO David Risher discusses the company’s international growth plans as the ride-hailing firm buys the London black cab app Gett.

Chapters:
00:00:00 – Intro
00:06:58 – Tesla Boosts Spending Plan to $25B for AI, Robot Push
00:17:01 – Lyft CEO David Risher
00:28:58 – Musk’s SpaceX Playing Bigger Role in Golden Dome
——–
“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Bloomberg Technology

Tesla Sales Helped by High Gas Prices

Tesla says rising gas prices have boosted interest in its electric vehicles. The surprisingly optimistic comments came weeks after the automaker reported lower-than-expected car sales to start the year and as it pivots its focus to AI and robotics. Jessica Caldwell, head of insights at Edmunds, joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”…

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Tesla says rising gas prices have boosted interest in its electric vehicles. The surprisingly optimistic comments came weeks after the automaker reported lower-than-expected car sales to start the year and as it pivots its focus to AI and robotics. Jessica Caldwell, head of insights at Edmunds, joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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SpaceX Tapped for Group Developing Golden Dome Software

SpaceX is part of a group of companies developing the operating system underpinning President Donald Trump’s Golden Dome initiative, according to sources. It is an expansion of the role Elon Musk’s company is playing in the US missile defense shield. Bloomberg’s Michael Shepard joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like this…

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SpaceX is part of a group of companies developing the operating system underpinning President Donald Trump’s Golden Dome initiative, according to sources. It is an expansion of the role Elon Musk’s company is playing in the US missile defense shield. Bloomberg’s Michael Shepard joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:

 
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

 
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