Apple expects Q1 revenue to grow 10% to 12% YoY, with iPhone sales up by double digits, and reports Q4 China revenue down 4% YoY to $14.5B, vs. $16.24B est.
Tim Cook says there's ‘very strong demand’ for latest iPhones Emily Bary / Dow Jones Newswires : China likely drove the iPhone revenue miss, according to this analyst Emily Bary / Dow Jones Newswires ...
PitchBook: digital healthcare startups raised $7B in Q1, the highest in a decade; potential corporate customers say some services are overpriced and redundant
Rolfe Winkler / Wall Street Journal : Tweets: @wsj Tweets: @wsj : An explosion of digital-health startups has executives in corporate benefits excited about lowering costs, but has also spawned a glu...
Companies in Vision Fund's portfolio, like Wag and Fair, are struggling; sources say Oyo founder invested $2B in his company with a loan backed by Masayoshi Son
Other companies the huge tech investment fund has backed have struggled lately — SoftBank Group Corp. 's longtime strategy … Tweets: @rolfewinkler , @aaronlucchetti , @second_measure , @maxseddon , ...
Lyft closes up 8.7% on its first day of trading after raising $2.3B in its IPO, which valued the company at over $20B
and is now valued at $27 billion Taylor Soper / GeekWire : Lyft IPO: Ride-hailing giant begins trading at $24B valuation, first of many tech companies to go public Biz Carson / Forbes : Lyft Stock Jum...
Sources: Bird plans to raise at its current $2B valuation and Lime at $2B-3B, below their initial asks, amid tougher-than-expected business conditions
Why do people keep throwing electric scooters … Tweets: Jack Nicas / @jacknicas : Just spotted John fishing scooters out of Lake Merritt with a grappling hook. He got 12 today; Bird pays a small fee f...
Sources: Benchmark plans to keep its next fund, expected early next year, about the same size as its previous ones, eschewing trend in VC to raise larger funds
Rolfe Winkler / Wall Street Journal : Tweets: @austenallred and @rolfewinkler Tweets: Austen Allred / @austenallred : So is no one going to talk about how Benchmark arranged a $650 million personal c...
Neuralink, Elon Musk's brain interface startup, has raised $27M, SEC filing shows
and is looking for plenty more Heather Mack / Wall Street Journal : Musk-Backed Startup Neuralink Raises First Funding Alex Heath / Business Insider : Elon Musk has raised $27 million to link human br...
Sources: Unity raising $400M at ~$2.8B valuation, led by Silver Lake; revenue expected to be up 40% YoY to $300M this year, with gross-profit margin of ~90%
Rolfe Winkler / Wall Street Journal :
Why LPs might gladly invest in Andreessen Horowitz despite unfavorable comparisons to Sequoia and Benchmark
Rolfe Winkler wrote a piece in the WSJ about A16Z's returns in which he says they “lag behind Sequoia, Benchmark and Founders Fund.” — Scott Kupor of A16Z responded …
Why LPs might gladly invest in Andreessen Horowitz despite unfavorable comparisons to Sequoia and Benchmark
Rolfe Winkler wrote a piece in the WSJ about A16Z's returns in which he says they “lag behind Sequoia, Benchmark and Founders Fund.” — Scott Kupor of A16Z responded …