DoorDash partners with Klarna to offer payment plans, including credit options for purchases of $35 or more; Grubhub also uses Klarna as a payment option
in Case You Need a Loan to Pay for Your Burrito Jordan Valinsky / CNN : DoorDash will soon let users eat now and pay in installments Niket Nishant / Reuters : NYSE-bound Klarna signs payments deal wit...
Snap reports Q2 revenue up 16% YoY to $1.24B vs. $1.25B est., DAUs up 9% YoY to 432M, and forecasts Q3 revenue below expectations; SNAP drops 20%+
both Apple and Spotify have their own podcast subscription products … X: @alex : i swear that this is every single $SNAP report i have ever seen [image] Dare Obasanjo / @carnage4life : Every quarter, ...
Apple reports Q2 revenue from Services, which includes Apple TV+ and Apple Music, up 14% YoY to $23.9B, vs. $23.12B estimated, an all-time record
but Tim Cook still keeps us guessing Mike Robuck / Mobile World Live : Apple posts sluggish iPhone sales in Q2 Peter Kafka / Business Insider : Apple can't tell you iPhone sales are booming, so it's t...
Meta's stock drops 10%+ on weak Q2 revenue guidance and increasing FY 2024 capital expenditures from $30B-$37B to $35B-$40B due to AI infrastructure investments
should investors consider buying? Kathleen Gallagher / Business Post : Shares in Meta plummet as it forecasts spending spree TJ Denzer / Shacknews : Facebook (META) issues Q2 2024 revenue guidance bel...
Snap reports Q4 revenue up 5% YoY to $1.36B, vs. $1.38B est., DAUs up 10% YoY to 414M, a net loss of $248M, up from $288M in Q4 2023; SNAP drops 30%+
mean audio/video clips, I'm assuming. Does gen Z want that? idk. X: Dare Obasanjo / @carnage4life : $SNAP drops -30% after meeting expectations on revenue ($1.36B vs $1.38B) but forecasting lower tha...
Source: Chamath Palihapitiya shelved plans to raise $1B for an early-stage investment fund, in part due to fundraising challenges
Kia Kokalitcheva / Axios : X: @mhdempsey , @thestalwart , @carnage4life , @riddle245 , @fisurgi , @hitsamty , @jasonlk , @fed_speak , and @bucknsf X: Michael Dempsey / @mhdempsey : It is truly shocki...
Sources: Lightspeed Venture Partners seeks to sell stakes in 10 startups, worth ~$1B, to a private equity-style continuation fund, to let investors cash out
Venture capital firm plans to roll holdings into continuation fund as sector seeks ways to return cash to investors Mastodon: @quoll@mastodon.sdf.org . X: @carnage4life Mastodon: @quoll@mastodon.sdf.o...
Meta reports Q2 revenue up 11% YoY to $32B, net income up 16% YoY to $7.79B, and family daily active people up 7% YoY to 3.07B for June 2023; META jumps 10%+
but most of the new users came from outside the US and Canada Karissa Bell / Engadget : Meta had its best quarter since 2021 despite losing more money on the metaverse Abubakar Idris / The Messenger :...
The FDIC says SVB clients with deposits above $250K will get “an advance dividend within the next week”; many SVB clients need to meet their payroll on March 15
Exit Fuel 🛢️ exists because of the support of people like you. Dalmas Ngetich / NewsBTC : Long Queues Seen At Silicon Valley Bank-Owned Boston Private - A Bank Run? Tweets: Dan Primack / @danprimack :...
Sources: Stripe is raising $6B at a $50B valuation from Thrive Capital, General Catalyst, a16z, and Founders Fund to help early employees exercise their RSUs
Eric Newcomer / Newcomer : Tweets: @buccocapital , @ericnewcomer , @kateclarktweets , @carnage4life , @mylesudland , @415_aaron , @ppgosavi , and @carnage4life Tweets: BuccoCapital Guy / @buccocapita...