Meta reports Reality Labs Q3 revenue of $470M, above $316M est., and a $4.4B operating loss, below $5.1B est.; Reality Labs has lost $70B+ since 2020
Jonathan Vanian / CNBC : X: @thetranscript_ , @counternotions , @contrariancurse , and @thetranscript_ Bluesky: @karlbode.com , @glinden , @robertchilver.com , @scriban , and @norbizness Forums: r/bu...
FTX posed as a haven from tumbling currencies and inflation in Africa, where the company recruited users via glitzy events, $5 sign-up bonuses, and giveaways
Alexandra Wexler / Wall Street Journal : Tweets: @gksteinhauser , @sarahnemerson , @peterguest , @counternotions , and @drewhinshaw Tweets: Gabriele Steinhauser / @gksteinhauser : “For my community, ...
a16z invests in Adam Neumann's residential real estate management startup Flow, sources say ~$350M at a $1B+ valuation, the firm's largest-ever individual check
Our nation has a housing crisis. — The demographic trends driving … Ryan Deffenbaugh / Protocol : Can proptech go with Adam Neumann's Flow? Edward Ongweso Jr / VICE : NIMBY Marc Andreessen Gives WeW...
Mark Cuban calls for stablecoin regulation, after trading Iron Finance's algorithmic stablecoin DeFi Titanium, which then crashed from $60 to $0 in a day
H — ow Polygon's first billion-dollar protocol unraveled. AnTy / BitcoinExchangeGuide : “This One is on Mark Cuban,” says CT as He Calls for DeFi Regulation After Getting Rug Pulled on His Promoted ...
Misfits Market, an ecommerce site that sells “ugly” or misshapen produce, raises $85M Series B led by Valor Equity Partners, bringing total raised to $101.5M
Misfits Market, the ecommerce platform that sells ‘ugly’ produce (among other things), has today announced the close of an $85 million Series B financing round. Tweets: @counternotions Tweets: Kontra ...
Analysis of ten years of cryptocurrency discussions and funding data shows repeated cycles of rising crypto activity followed by eventual “crypto winters”
People who've been in crypto for a long time view the space as evolving in cycles, alternating between periods of high activity and “crypto winters.” Tweets: @a16z , @counternotions , @mdudas , @sassa...
As the drone market matures, many of the startups which raised hundreds of millions in aggregate have either closed or pivoted to services
Jack Pitcher / Bloomberg : Tweets: @johnjtough , @tprstly , @counternotions , and @mikedorning Tweets: John Tough / @johnjtough : This article is only a part of the story. There are 3 to 4 businesses...
2015 could be the slowest year for VC-backed tech IPOs since financial crisis; only seven VC-backed tech companies have gone public this year
Something is rotting under Silicon Valley — I spent a good chunk of last week in Silicon Valley, speaking to venture capitalists who mostly wanted … Tweets: @counternotions Tweets: Kontra / @counter...