WeWork files to raise $1B in an IPO, reports a $904M net loss on around $1.5B in revenue for first half of 2019
WeWork parent The We Company is about to achieve … Stephen Gandel / CBS News : WeWork IPO filing shows it's losing nearly $5,200 per customer Chris O'Brien / VentureBeat : WeWork IPO filing hypes tran...
Sources: ahead of its expected IPO in June or July, shares of Slack on private markets are selling for prices valuing it at ~$16B, 2X+ its last funding round
In the next few months, anyone will be able to buy stock in Slack Technologies Inc. In the meantime, wealthy investors … Tweets: @alex and @ellenhuet Tweets: @alex : umm idk if slack is going to go pu...
Vine lost its lead, stars, and audience to Snapchat and Instagram after its 2014 peak as Twitter did little to help it evolve
Ellen Huet / Bloomberg :
Zirx, Luxe, and Valet Anywhere shift away from on-demand valet parking model
Ellen Huet / Bloomberg Business :
Floundering tech stocks raise questions about the IPO process, cause problems for IPO-bound unicorns
Silicon Valley's $585 Billion Problem — VCs have pumped up the value of the “unicorn” startups. Now tech IPOs are in trouble. Good luck getting out. Tweets: @mims , @ellenhuet and @katiefehren Twe...
Homejoy couldn't retain customers enticed by promotional prices for its home cleaning service
Ellen Huet / Forbes :
Tinder's new Tinder Plus option costs nearly 4X as much in Europe if you're over 28 years old
And Pricier for Older Users Sam Sanders / NPR : Tinder's Premium Dating App Will Cost You More If You're Older Paresh Dave / Los Angeles Times : New Tinder Plus to cost date-seekers $9.99 a month or m...