A look at UK-based startup accelerator Founders Factory, which has invested in 300+ startups; KPMG says UK VC funding fell from $20B in 2023 to $15B in 2024
The infrastructure to help young companies grow in the UK is varied and well established — If 2023 was the year of downturn … Bluesky: @theopriestley.com . LinkedIn: Richard Dana and Nick Huber Blue...
Snap opens down 33% following its Q2 earnings report; Snap stock is down 77% year-to-date
- Shares of Snap fell 35% on Friday, a day after the company reported disappointing second-quarter results. — Snap attributed its results to a challenging economy, slowing demand for its online platf...
Amazon Q1: $75.5B revenue, up 26% YoY, net income of $2.5B, down from $3.6B in Q1 2019, AWS revenue of $10.2B, up from $7.7B YoY; stock down 7%+
an estimated $4 billion — on responding to the coronavirus pandemic...Some of the $4 billion will also fund higher wages for workers, personal protective equipment.” https://www.cnbc.com/... Patrick M...
High private tech valuations the result of investors betting against doomed public incumbents unable to innovate
Bubble, My Ass: Some Unicorns Might Be Overvalued, But All Dinosaurs Gonna Die. — Summary: pundits argue billion-dollar startups are overvalued, but few realize … Tweets: @mdudas , @mitchellharper ,...