What poet, playboy, and prophet of investment bubbles Charles Mackay, plagiarizing in 1841 on the Dutch tulip bubble, can tell us about crypto's rise and fall
One winter morning in early 1637, a sailor presented himself at the counting-house of a wealthy Dutch merchant and was offered a hearty breakfast of fine red herring. Tweets: @pkedrosky , @profjohntur...
Patreon, Substack, and other “passion economy” startups are laying off staff and abandoning fundraising plans; Dealroom: investment fell 75% to $801M in 2022
Once high-flying start-ups that serve online creators and influencers have been forced into a painful retrenchment … Tweets: @pkedrosky Tweets: Paul Kedrosky / @pkedrosky : Good FT piece today on the ...
Digital fitness startup Future, which connects users with coaches, raises $75M led by SC Holdings and Trustbridge Partners, bringing its total funding to $110M+
Kim Bhasin / Bloomberg : Tweets: @jsmaria , @micah , and @pkedrosky Tweets: Justin Santamaria / @jsmaria : Very proud of our team and excited to welcome our new partners! We are still just getting st...
Sequoia Capital will establish the Sequoia Fund, which will hold all of its US and European investments, including stakes in public companies
Sequoia Capital, one of the world's oldest and most successful venture capital firms, is forming a single fund to hold all of its U.S. and European investments … Tweets: @xavierhelgesen , @katie_roof ...
Robinhood closes down 8% on its first day of trading, after raising $2.1B in its IPO at a valuation of around $32B
will users ‘age out’ of the app? Finextra : Robinhood prices IPO at $32bn valuation Timothy Craig / Crypto Briefing : Robinhood IPOs Amid Uniswap Partnership Rumors Crunchbase News : Throw The Confett...
Toronto-based password manager 1Password raises $200M Series A led by Accel, its first external round of funding in its 14-year history
CEO of 1Password. Why?! Growth at all costs is a San Francisco ideology. We should replace it with humane ideology: bind scale to responsibility. The societal cost of all-costs growth is everything. h...
Sources: WeWork is considering seeking a valuation of ~$20B-$30B in its US IPO, marking a significant reduction from an earlier valuation of $47B
Data Sheet New York Times : WeWork Parent Considers Reducing Valuation Before I.P.O. Thomas Franck / CNBC : WeWork is dramatically slashing its IPO valuation to less than $25 billion because of weak d...
Activision Blizzard beats Q4 estimates with $2.01B in revenue, up 49% YoY; stock up 9%+
so why won't it share the actual number? Fortune : Activision Announces $1 Billion Stock Repurchase as its Revenue Climbs Anya George Tharakan / Reuters : Activision sales top Street; Co hikes dividen...
What bubble? With so many high-growth companies building sustainable businesses, the unicorn boom has just begun
What Bubble? The Unicorn Boom Has Just Begun — For the anxious throng worried about spiraling startup valuations-a group now big enough to pass for conventional wisdom … Tweets: @paultoo , @mikesim...
Bill Gurley marks recent tech sell-off with another warning about unprofitable unicorns, says cycle “where growth is valued more than profitability” may end
Bill Gurley to Unicorns: Winter Is Coming. You Ready? — Tech stocks have been taking a beating lately … Tweets: @bgurley , @bgurley , @pkedrosky , @stevesi , @stewart and @benedictevans Tweets: Bil...