Accel registers with the US SEC as an investment adviser to tap private markets, joining Sequoia, a16z, Bessemer, and other VC firms that made a similar move
not for crypto, but to scoop up more secondaries https://www.bloomberg.com/... Madhav Chanchani / @madhavchanchani : 🚨 Accel is changing its structure like other top Silicon Valley firms A16Z and Ligh...
Sources: ByteDance generated $80B+ in 2022 revenue, up 30%+ YoY, after growing 70% between 2020 and 2021; TikTok represented ~12% of ByteDance's total revenue
ByteDance, the Chinese owner of TikTok, generated more than $80 billion in annual revenue last year, up more than 30% … Tweets: @madhavchanchani and @anthony Tweets: Madhav Chanchani / @madhavchanchan...
Adtech company PubMatic, which develops infrastructure for programmatic ads, raises $118M in its IPO and hits a high of $33.16 after pricing shares at $20
Luisa Beltran / Barron's Online : Tweets: @madhavchanchani See also Mediagazer Tweets: Madhav Chanchani / @madhavchanchani : Pubmatic IPO is a big win for founder-brothers Rajeev & Amar Goel who own ...
At Snowflake's IPO price, Sutter Hill Ventures' stake was worth $5.9B, Altimeter Capital's ~$4.4B, ICONIQ Capital's $4B+, Redpoint's $2.6B, and Sequoia's ~$2.5B
Data warehousing company Snowflake went public on Wednesday in the largest software IPO ever, raising nearly $3.4 billion and valuing the company at $33.2 billion. Tweets: @madhavchanchani and @crunch...
Google has restored India's Paytm app after pulling it from Play Store ahead of the IPL cricket tournament; sources say for violating its gambling policies
here's the full timeline Aamir Siddiqui / XDA Developers : [Update: Reinstated] Paytm removed from Google Play Store for policy violations, likely due to its fantasy gaming platform Saritha Rai / Bloo...
Combined market cap of Apple, Facebook, Alphabet, and Amazon is ~$5T, their combined 2019 revenue was ~$773B, and they have a combined cash reserve of ~$420B
The four Big Tech CEOs who will testify before Congress Wednesday command global empires with power and wealth that make them more like countries than companies. Tweets: @madhavchanchani , @patrickmcg...
Indian media group Times Internet reports 450M+ monthly users across its ~36 news, video, and music properties, says its biggest challenge is increasing revenue
a huge media firm in India with 450M users across a range of services including video/music streaming, news and more. Its reach offers a credible online ad alternative to Facebook and Google in India ...
Twitter beats estimates with Q3 revenue of $758M, up 29% YoY, but monthly usage drops to 326M MAUs, down 9M since Q2
way more than ever pic.twitter.com/RaBwviLDEW @twitterir : Q3 Avg MAUs were 326M, -4M y/y and -9M q/q, impacted by a number of factors including: 1) GDPR, 2) decisions we have made to prioritize the h...
Indian Twitter-like social platform ShareChat, which supports multiple regional languages, raises ~$100M led by Shunwei Capital, at a $460M valuation
Madhav Chanchani / The Economic Times :
Sources: Indian ride-hailing service Ola is in talks with Singapore's sovereign wealth fund Temasek to raise $500M-$1B at a $6-$7B valuation
Madhav Chanchani / The Economic Times :