Digital marketing software company Ibotta closes up 17% at $103.25 per share in its trading debut, after raising ~$577.3M in an IPO priced above marketed range
Above Marketed Range X: Katie Roof / @katie_roof : Ibotta closed up 17% today, following Reddit and Instacart as only the 3rd internet IPO since 2021 Hans Tung / @hanstung : 1/ Congrats to @bryan_leac...
Sources and filings: Sam Altman's net worth is ~$1B, driven by investments in Reddit, Stripe, Helion, YC startups, and others, despite having no OpenAI equity
CEO Sam Altman famously has no equity in OpenAI, but startup bets like Reddit, Stripe and Helion have made him a billionaire anyway, a Forbes investigation found. X: @alexrkonrad , @alexrkonrad , @n_s...
Interviews with Garry Tan, Paul Graham, YC partners, and others about Tan reshaping YC in a “return to roots”, as some founders complain about politicization
Former venture capitalist Garry Tan has slashed programs and turned up the mics in a bid to restore … X: @johnpaczkowski , @madhuyalamarthi , @yuris , and @n_sportelli LinkedIn: Alex Konrad and Alex K...
A profile of Stripe's John and Patrick Collison; sources say the startup's gross revenue rose 60% YoY to nearly $12B in 2021 as net revenue reached almost $2.5B
Billionaire brothers John and Patrick Collison built Stripe into one of the world's most-hyped, highest valued — and profitable! — startups, worth some $95 billion. Tweets: @alexrkonrad , @narasimhaka...
Profile of Zoom CEO Eric Yuan, who says the company will “probably” suspend all tracking on Zoom's sites and consider open-sourcing its code in the future
And An FBI Warning James Rogers / Fox News : SpaceX bans its employees using Zoom over privacy concerns, report says John Gruber / Daring Fireball : Quick Turnaround From Zoom on Mac Issues, But Their...
Profile of Canva, a graphic design app that CEO Melanie Perkins helped build from a yearbook-design business out of Perth into a profitable $3.2B Adobe rival
On a steamy May morning in 2013, Canva CEO Melanie Perkins found herself adrift on a kiteboard in the channel between billionaire … Tweets: @alexrkonrad , @n_sportelli , @d_tao , @realmdonnelly , @ale...