A profile of Duolingo, which has almost 15M DAUs, up 51% YoY, and 3.7M paying subscribers, as it expects its 2022 revenue to surpass $365M, up 45% from 2021
Bill Gifford / Bloomberg : Tweets: @trengriffin , @business , and @billgifford Tweets: Tren Griffin / @trengriffin : Is Doulingo fluent in unit economics? What's the CLV of a Duolingo subscriber? htt...
A look at the rise and fall of Bird, now a penny stock with a public market cap under $160M, as valuations in the scooter and bike rental sector collapse
Almost exactly five years ago, the scooters came. That's when Bird, the first unicorn in this once sizzling startup sector, launched its inaugural scooter-sharing service. Tweets: @parismarx , @maxwe...
Netflix, Amazon, Warner Bros., and others are cutting costs and scrapping TV shows at record rates; 559 scripted shows were released in 2021, up by 200+ on 2013
The sudden decline in Netflix's share price and the growing fear of a recession have forced Hollywood into a new period of fiscal austerity. Tweets: @ampressman , @trengriffin , @lucas_shaw , @carnage...
DeFi, which accounted for an estimated 40% of ether moved on the Ethereum network in the year ended April, is helping fuel the crypto boom and recent volatility
Decentralized finance differs from traditional banks because there is no centralized system. It can be risky. Tweets: @trengriffin and @wsj Tweets: Tren Griffin / @trengriffin : “While margin debt re...
Study: the median valuation for SaaS companies raising their Series C rose by 40% to $210M this year, while their median revenue grew 20%
Miles Kruppa / Financial Times : Tweets: @outsidadgitator , @julianklymochko , @trengriffin , and @caffeinatedinv1 Tweets: @outsidadgitator : 2)the shift to work-from-home has added real value to clo...
The number of early-stage VC rounds worldwide dropped from about 13.3K in 2014 to about 5.9K this year, with mobile app and SaaS startups hit hardest
Amid record amounts of capital raised by VCs worldwide, and a sharp rise in the number of private “unicorns” valued at $1 billion-plus … Tweets: @adamnash , @trengriffin , @gsands , @lutherlowe , @rrh...
Sidecar, trailing behind Uber and Lyft, becomes mainly a delivery service for other businesses
Sidecar Puts Passengers Aside, Pivots To A Mostly-Deliveries Company — The U.S. ride-hailing market may have room for two players, but apparently not for three. Tweets: @mdudas , @trengriffin and @s...