Robinhood says it raised emergency funding of $1B+ from its existing investors, as it faces an onslaught of demands on its cash amid a stock market frenzy
fed to people who don't exactly thrive on facts — is very much a comms issue. https://www.nytimes.com/... Farhad Manjoo / @fmanjoo : so isn't it a huge problem for their model that they've got to do t...
Sources: Zoox, which has raised $1B, is in talks with automakers about a potential deal or financing, as the self-driving car startup contemplates a sale
Amir Efrati / The Information : Tweets: @filippie509 , @william_blake , @fmanjoo , @kateclarktweets , @amir , and @amir Tweets: Filip Piekniewski / @filippie509 : I've seen that movie before... https...
London-based fashion startup Farfetch raises $110M Series F round to invest in its marketplace and white label platform
Thursday, May 6 Vikram Alexei Kansara / The Business of Fashion : BoF Exclusive | Farfetch Raises $110 Million in ‘Strategic’ Move Matthew Campbell / Bloomberg : Farfetch Said Valued at Almost $1.5 Bi...
Dropbox execs say it has plenty of money in the bank, hired 500 people in 2015, 75 so far in 2016, adds 10M users per month and 25K business users quarterly
Farhad Manjoo / New York Times : Tweets: @fmanjoo , @puiwingtam , @jyarow and @digiphile Tweets: Farhad Manjoo / @fmanjoo : Techmeme headlines are so good i shouldn't even bother writing columns. htt...
Sources: OpenDoor quietly raised $80M in October valuing the company at about $580M
Startup Pays Cash to Buy Homes, Flip Them — OpenDoor's approach appeals to sellers who need to move quickly — When Luke Dalien and his family needed to quickly sell their Phoenix-area house, they ...
The advantages of going public for Box show how Lyft could benefit from IPOing ahead of Uber
Farhad Manjoo / New York Times :
Leaked internal documents show Uber lost $20.4M in 2012, $56M in 2013, and more than $160M in the first half of 2014
and It Will Lose More Alex Hern / Guardian : Uber losing millions of dollars, documents reveal Nate Swanner / The Next Web : Here's why it's okay that Uber is losing a lot of cash right now Maya Kosof...
What delayed IPOs and higher private valuations mean for tech startups and public investors
Farhad Manjoo / New York Times :
Interview: Slack's Stewart Butterfield on the favorable fundraising climate and options for spending the $160M he recently raised
Farhad Manjoo / New York Times :
47 Startups That Launched At Y Combinator Winter 2015 Demo Day 2
Y Combinator got so big, it had to split its Demo Day in two. During today's second wave we saw a variety of promising biotech, marketplace, enterprise, and financial tech startups. Yesterday we chr...