Uber reports Q3 revenue up 11% YoY to $9.3B, a $221M net income, gross bookings up 21% YoY to $35.3B, trips up 25% YoY to 2.4B, and a record 6.5M drivers
Kellen Browning / New York Times :
Interviews with 50+ people detail Bolt's meteoric rise, which involved overstating tech and performance, as its valuation went from $250M to $11B in three years
The start-up has had a meteoric rise, thanks to its charismatic co-founder, Ryan Breslow. But he sometimes stretched the truth to get there. Tweets: @robinwauters , @brad262run , @rmac18 , @bizcarson...
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...
League of Legends teams in the US recruited 40+ superstar players from Asia since 2016, with an average salary of $460K for a player in a team's starting five
Kellen Browning / New York Times :