CB Insights: VCs and private equity firms poured $3.1B to fund 144 deals in the LA area in Q1 2025, vs. $2.7B in Q1 2024, $1.4B in Q1 2023, and $5.7B in Q1 2022
Funding is expanding beyond AI showing diverse innovation — What sectors do you think will lead this growth …
CB Insights: fintech startups globally raised a combined $10.3B in Q1, the highest since Q1 2023; 19 US fintech startups have raised over $50M in 2025 so far
Mary Ann Azevedo / TechCrunch : Bluesky: @quick13 Bluesky: @quick13 : Mark this point in time because this is not a winning proposition, the majority of these are based on flawed LLMs, Generative AI ...
Sources: Chinese social e-commerce app Xiaohongshu had $200M in net profit on $1B+ revenue in Q1 2024, up from $40M in net profit on ~$600M revenue in Q1 2023
https://www.ft.com/...
Grab raises its annual forecast for adjusted EBITDA to $250M-$270M, up from $180M-$200M, after its Q1 net loss narrowed to $104M from $244M in Q1 2023
Kimberley Kao / Wall Street Journal :
Unity reports Q1 revenue down 8% YoY to $460M, vs. $433M est., a $291M net loss, including $212M of restructuring costs, compared with a $254M loss in Q1 2023
We closed the first quarter with results in line with expectations.
Airbnb reports Q1 revenue up 18% YoY to $2.14B, vs. $2.06B est., Nights and Experiences Booked up 9.5% YoY, and Q2 guidance below est.; ABNB drops 8%+
net income of $264 million more than doubled from Q1 2023. We delivered a net income margin of 12% in Q1 2024, up from 6% in Q1 2023” $ABNB: -8.2% AH [image] Conor Sen / @conorsen : $ABNB a little sof...
Palantir reports Q1 revenue up 21% YoY to $634M, vs. $625M est., and a $106M net income, up from $16.8M in Q1 2023; PLTR drops 14%+ on weak guidance
Rohan Goswami / CNBC :
PitchBook and the NVCA: US VC investments in Q1 2024 hit $36.6B, the lowest Q1 since 2018, across 2,882 deals, down from $51.6B across 4,026 deals in Q1 2023
Dean Takahashi / VentureBeat :
OpenSecrets: crypto companies spent $18.96M on US lobbying in Q1 2023 to Q3 2023, up from $16.1M during the same period in 2022; Coinbase spent $2.16M, the most
The cryptocurrency industry was on track to hit a new record for federal lobbying spending, after a year in which firms scrambled …
Zomato reports Q1 revenue up 71% YoY to ~$292.2M and its first consolidated quarterly net profit at ~$241.9K, vs. a ~$23.4M loss in Q1 2023; ZOMATO jumps 10%+
The Economic Times :