Sources: Reddit's revenue rose 38% YoY to ~$670M in 2022, a steep drop from 2021's 100%+ growth, adding to IPO uncertainties and suggesting a $3.3B+ valuation
A stark business reality faced Reddit before a user uprising engulfed its site this month: slowing sales growth. Twitter: @austinj , @coryweinberg , and @amir . Forums: r/technology Twitter: Austin Jo...
Solend Labs, a “decentralized” lending protocol on Solana, overturns a controversial DAO vote to take over a whale's account that had deposited ~5.7M SOL
if they had the power to do this in the first place, it was never a DeFi protocol This shouldn't be an option at all https://twitter.com/... @vikingxbt : Damage is done already. https://www.theblock.c...
Notion raises $275M led by Coatue Management and Sequoia at a $10B valuation; the company was reportedly valued at $2B in April
keep in mind that re-centralization (never called that but in the DNA) is always at the core of big valuations. BTW I think Notion is terrific. https://twitter.com/... @can : I'm hoping Notion will sp...
Notion raises $275M led by Coatue Management and Sequoia at a $10B valuation; the company was reportedly valued at $2B in April
Covering venture capital, software and startups — Early this year, Notion experienced a problem unusual to enterprise software startups: it went viral on TikTok. Tweets: @alexrkonrad , @austinj , @b...
Reddit raises $410M+ led by Fidelity Investments at a $10B+ valuation, up from $6B six months ago when it raised $250M; the new round could reach ~$700M
and certainly Instagram. Kanyi Maqubela / @km : I remember some people side-eyeing us for participating in this @Reddit round in 2013. https://redditblog.com/... Welp :) https://www.theverge.com/... @...
Snap CEO Evan Spiegel says the company is happy to pay Apple's 30% IAP commission as “Snapchat wouldn't exist without the iPhone”
the lawyer is trying to bring up an article that was published while Tim Cook was on the stand, but the judge won't allow it. Not sure what it was. Kosta Eleftheriou / @keleftheriou : Uhm, Snap is a $...
Source: 800+ Amazon staffers are now working on its voice command-enabled home robot with multiple cameras, codenamed Vesta, that's the size of “two small cats”
everything you need to know Brittany A. Roston / SlashGear : Amazon's long-rumored Vesta home robot project details leak Gavin Phillips / MUO : Report: Amazon Is Building a Home Robot Powered by Alexa...
OnlyFans says it will generate $2B+ in sales in 2020, now has 85M users, is adding around 500K users a day, and is paying out $200M+ a month to its 1M+ creators
As Cardi B prepared the release for her new song “WAP,” she checked off all the usual components of her promotional plan … Tweets: @sandeepembar , @hushes , @austinj , @anshelsag , @lucas_shaw , @john...
Google says it is working with the US government to develop a nationwide COVID-19 website on symptoms, risks, and testing info, in addition to other measures
but Not Like Trump Said New York Times : Trump Oversold a Google Site to Fight Coronavirus Sean Collins / Vox : Despite his experts' grave warnings, Trump wants everyone to just “relax” Jon Fingas / E...
Report: ~15M indie content creators in US used Amazon Publishing, eBay, Etsy, Instagram, Shapeways, Tumblr, Twitch, WordPress, or YouTube to earn ~$6B in 2016
Mike Masnick / Techdirt : Tweets: @austinj Tweets: Austin Johnsen / @austinj : Great research and great to see how many creators are now making money across the US (although the estimates for some of...