Bessemer’s Kent Bennett and Toast’s Aman Narang to discuss how to become a unicorn on ECL – TechCrunch


Toast has a reported valuation over $5 billion and has raised greater than $900 million since launch. The restaurant POS service has clearly been on a speedy progress trajectory, however how has the corporate navigated the market in the course of the pandemic, which has pushed and pulled the restaurant trade in contrast to ever earlier than?

On an upcoming episode of Extra Crunch Live (May 26 at 3pm ET), we’ll discover out. We’re sitting down with president and co-founder of Toast, Aman Narang, and one of many firm’s buyers, Bessemer Venture Partners’ Kent Bennett.

Bennett is a associate out of the Cambridge workplace, focusing on client merchandise and companies in addition to consumer-facing software program. Before enterprise, Bennett was a artistic govt for an leisure manufacturing firm referred to as Licht Entertainment.
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His portfolio consists of Bevi, Blue Apron, Xtime and, after all, Toast.

Narang spent seven years at Oracle, then Endeca, working on the event of the corporate’s business intelligence platform and cellular commerce platform.

He co-founded Toast in 2011 and has been rising the corporate ever since, including new merchandise and options to the restaurant POS system.

On Extra Crunch Live, we’ll sit down with Narang and Bennett to find out about how they got here collectively for the corporate’s Series B deal, which Bessemer led. We’ll additionally discuss why Bennett needed to wager on Toast, how they’ve labored collectively since and how they overcome challenges and disagreements. If we’re fortunate, we could even get a peek at Toast’s authentic Series B pitch deck.

From there, we’ll head into the Extra Crunch Live Pitch-off. Members of the viewers can elevate their hand to pitch stay on the present, and Bennett and Narang will provide their suggestions. It’s at all times a good time, however the one means to take part is to present up stay. Register here for free!

Extra Crunch Live is a free occasion and accessible to everybody, however solely Extra Crunch members get entry to the whole library of ECL episodes, all of that are full of insights on how to elevate and run a profitable venture-backed firm.

Register to hang out with myself, Narang and Bennett on Wednesday, May 26 at 3pm ET/noon PT.



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