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Startups that are Ramp-ing up, and startups that are full of sh**

Equity

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Fintech Valuations and Market Dynamics

This chapter analyzes the current state of the fintech sector, focusing on Ramp's notable revenue growth contrasted with its valuation drop. The discussion highlights the broader market trends affecting other fintech companies, emphasizing the need for a market reset and differentiation in revenue quality. Additionally, the chapter explores the competitive landscape within spend management and innovative startups like Lex, reflecting on the challenges and opportunities present in the evolving industry.

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