Sources: X let go of 20+ staffers in nontechnical roles ahead of a SpaceX IPO; X staff have been told to focus on growing revenue since xAI brought on a CRO
Wall Street Journal:
Sources: X let go of 20+ staffers in nontechnical roles ahead of a SpaceX IPO; X staff have been told to focus on growing revenue since xAI brought on a CRO
Redundant roles have been removed as the social-media company tries to boost profit and integrate with Musk's space-exploration company
DoorDash Chief Revenue Officer Lee Brown is departing the delivery app company after less than six months; long-term VP Shanna Prevé will succeed Brown as CRO
Trump Media reports Q3 net sales down 3.8% YoY to $972.9K and a net loss of $55M, up from $19M in Q3 2024; its stock is down 70% from a January high
And Is On Track To Lose Far More Daniel Kuhn / The Block : Trump Media posts third straight loss as SPAC legal fees mount, CRO holdings rise Sander Lutz / Decrypt : Buying Billions in Bitcoin Couldn't...
Trump Media and Crypto.com sign a deal to integrate Crypto.com's wallet and adopt the CRO token for Truth Social's rewards; Trump Media will buy $105M in CRO
Trump Media and Technology Group (DJT) said it agreed to form a joint venture with Crypto.com that will invest in the exchange's CRO token …
Sources: JP Morgan is frustrated with Techstars over missteps in deploying the JPMorgan-backed $80M fund, aimed at helping underrepresented founders, since 2022
Dominic-Madori Davis / TechCrunch : X: @joebreider , @azharthegreat , @techcrunch , @techcrunch , @brianbrackeen , @janelleany , @likemych , @tanichambers , @aviel , @dominicmadori , and @azharthegre...
A closer look at the collapse of Silicon Valley Bank, the 16th largest US bank whose unrealized losses snowballed from $0 in June 2021 to $16B by September 2022
Markets/Econ — General Sherman's memoirs about the Page & Bacon 1855 bank run in San Francisco. Mike / Nongaap Investing : SIVB: Held-to-Mortem Governance Tweets: Mike / @nongaap : It kind of blows ...
Airtable, valued at $11B in December 2021, lays off ~254 employees, or 20% of its workforce, including its CRO, Chief People Officer, and Chief Product Officer
Natasha Mascarenhas / TechCrunch :
Despite repeated assurances from Crypto.com CEO Kris Marszalek, customers worry over the exchange's solvency; Crypto.com's CRO token drops ~40% in the past week
- Crypto.com CEO Kris Marszalek has taken to Twitter, YouTube and the airwaves to try to reassure customers that their deposits …
Crypto.com announces reductions in rewards for its Visa-enabled cards, including a drop from 5% to 2% for its highest tier; its native CRO token drops ~10%
Shaurya Malwa / CoinDesk :