Leaked a16z decks: $25B in net returns since its 2009 founding, including $11.2B in 2021, and 56 unicorn investments in the past 10 years, the most of any firm
The firm has held its $900 million 2012 Fund III at 9.4x net TVPI. — ∙ Paid — Andreessen Horowitz is perhaps … X: @iamhenrymascot , @doodcapital , @iamjakestream , @ctjlewis , @dennythedev , @amen...
Source: Figma considered a higher IPO price, but CEO Dylan Field wanted to bring on board certain long-term institutional shareholders and approved $33/share
Should You Chase the Surge or Wait for a Pullback? Fortune : Tech industry insiders share their picks for the next startups who will ride the IPO wave after Figma's blockbuster debut Anna-Louise Jacks...
Instacart files for a US IPO, reports 2022 revenue up 39% YoY to $2.55B, $428M net income, up from a $73M loss in 2021, and H1 2023 revenue up 31% YoY to $1.48B
Common Stock This is an initial public offering of shares of common stock … Reuters : Instacart reveals IPO filing, disclosing PepsiCo investment, profitability Dan Frommer / The New Consumer : Parade...
Instacart files for a US IPO, reports 2022 revenue up 39% YoY to $2.55B, $428M net income, up from a $73M loss in 2021, and H1 2023 revenue up 31% YoY to $1.48B
Common Stock This is an initial public offering of shares of common stock … Bill Peters / MarketWatch : Instacart files for IPO, joining crowded field of gig-economy names as markets rebound Hayden Fi...
A profile of Anna Fang, CEO of China-based ZhenFund, who has backed 30+ seed-stage startups that became unicorns and 90+ startups that had a successful exit
When ZhenFund CEO Anna Fang was new to venture investing, her mentor told her that the right entrepreneurs to back are the ones … Tweets: @allraise , @rebecca_szkutak , and @bgurley . Thanks: @alexrko...
Modern Treasury, which helps improve the efficiency of bank transfers, raises $85M at a $2B+ valuation led by Altimeter, up from $300M at the start of 2021
Katie Roof / Bloomberg : Tweets: @bgurley Tweets: Bill Gurley / @bgurley : Wow. I am amazed at all the things people/companies/developers are able to do with MT. Congrats to team, and a shout out to ...
Robinhood closes down 8% on its first day of trading, after raising $2.1B in its IPO at a valuation of around $32B
will users ‘age out’ of the app? Finextra : Robinhood prices IPO at $32bn valuation Timothy Craig / Crypto Briefing : Robinhood IPOs Amid Uniswap Partnership Rumors Crunchbase News : Throw The Confett...
Asana beats in Q1 with revenue of $76.7M, up 61% YoY, vs est. of $70.1M, has 100K+ paying customers, and forecasts Q2 revenue of $81M-$83M vs est. of $74.1M
Jeremy C. Owens / MarketWatch : Tweets: @bgurley Tweets: Bill Gurley / @bgurley : Wow. Great job @moskov & team @asana! https://twitter.com/...
Spotify launches paid podcast subscriptions for creators in the US, at no cost to creators for two years and a 5% fee starting in spring 2023
Manage your Stratechery subscription. — This Article is a follow-up in two ways: MacDailyNews : Apple Podcasts Subscriptions: The good and the bad Jason Snell / Six Colors : The good and bad of Appl...
Roblox closes at $69.50, valuing it at $38.26B, after opening under RBLX at $64.50, up 43% from its January funding round
and a reminder of the importance of patience in company building. My partner @joshk made this slide, which captures it well: https://twitter.com/... David Baszucki / @davidbaszucki : In 2004, we found...