Interviews with 50+ people detail Bolt's meteoric rise, which involved overstating tech and performance, as its valuation went from $250M to $11B in three years
The start-up has had a meteoric rise, thanks to its charismatic co-founder, Ryan Breslow. But he sometimes stretched the truth to get there. Tweets: @robinwauters , @brad262run , @rmac18 , @bizcarson...
Meta closes down 26%, erasing ~$250B from its market cap, the biggest single-day loss in market value for a US company, after weak Q4 results and Q1 guidance
the second-biggest drop ever Steve Muchoki / Coinspeaker : FB Stock Dips Over 26% after Meta Forecasts Weaker than Expected Earnings Jody Serrano / Gizmodo : Snap Up, Zuck Down — Snap earned a profi...
Lyft S-1: 2018 revenue of $2.2B up 100% YoY, gross bookings of $8.1B from 1B+ rides, loss of $911M, up 32% YoY, 39% market share in the US, up from 22% in 2017
So Are Losses Walter Frick / HBR.org : The Strategy Question at the Center of Lyft's IPO Axios : Lyft files first for IPO in litmus test for the industry Harper Neidig / The Hill : Lyft files to go pu...
Bitcoin hit its lowest level in more than a year on Monday, falling under $5,000, with the entire cryptocurrency market cap losing roughly $40B in the past week
THE PRICE OF bitcoin … Oliver Staley / Quartz : It's going to be a miserable Thanksgiving for crypto enthusiasts Aaron Mak / Slate : Why Has Bitcoin's Price Fallen So Sharply This Week? Mitchell Moos ...
Bitcoin hit its lowest level in more than a year on Monday, falling under $5,000, with the entire cryptocurrency market cap losing roughly $40B in the past week
THE PRICE OF bitcoin … Samuel Potter / Bloomberg : No End in Sight for Crypto Sell-Off as Bitcoin Breaches $4,500 Huw Jones / Reuters : Bitcoin slump takes pressure off Britain's regulators Samantha C...
A look at the “Coinbase effect”, the popular trading platform's power in influencing the nascent cryptocurrency markets with its 10M+ users
Ryan Mac / BuzzFeed :
A look at the “Coinbase effect”, the popular trading platform's power in influencing the nascent cryptocurrency markets with its 10M+ users
Ryan Mac / BuzzFeed : Tweets: @rmac18 , @fwd , and @mikeisaac Tweets: @rmac18 : Another thing from this. Coinbase's CEO said he'd pursue legal action against employees caught performing insider trade...
A look at the “Coinbase effect”, the popular trading platform's power in influencing the nascent cryptocurrency markets with its 10M+ users
Ryan Mac / BuzzFeed :
Wish CEO confirms $500M fundraise, says the firm's strength comes with focus on rural users, which some VCs had trouble relating to during fundraising process
Ryan Mac / Forbes :
PayPal beats expectations with Q1 net income of $452M, up from $353M last year, and net revenue of $2.54B, up 19% YoY
Ryan Mac / Forbes :