Sources: Substack dropped efforts to raise money, after talks to raise $75M-$100M at a $750M-$1B valuation, during which the company said 2021 revenue was ~$9M
Good afternoon! Today, Realm's no-code beta enters it's … Michael Spencer / Creator Economy Tips : Substack Halts Plans for Series C Funding Casey Newton / Platformer : Substack's failed fundraise Tw...
Airbnb reports Q2 revenue of $1.34B, up nearly 300% YoY, with Gross Booking Value of $13.4B, up 320% YoY, and net loss of $68M, down 88% YoY
The travel rebound is upon us and Airbnb is leading the way. Paul R. La Monica / WRAL TechWire : Airbnb's warning: Delta variant means future bookings will be ‘more volatile’ Duncan Riley / SiliconANG...
Clubhouse raises Series B led by a16z, says it has 180+ investors, and will test options for paying creators and begin work on an Android app soon
When I first met Paul Davison, it took about 10 seconds to realize … Tae Kim / Bloomberg : Forget TikTok. Clubhouse Is Social Media's Next Star. Darrell Etherington / TechCrunch : Clubhouse announces ...
Apple will reduce its App Store cut to 15% from any developer who earns less than $1M in revenue per year from all their apps, starting January 1
but there's a catch Firstpost Tech : Apple to cut App Store commission from 30 to 15 percent for developers with up to $1 million annual revenue Stephen Warwick / iMore : Fury as Tim Sweeney compares ...
Equity management platform Carta is planning to launch CartaX, a private share trading platform to rival Nasdaq, this summer for companies worth $1B+
Silicon Valley start-up poised to launch exchange as tech companies delay IPOs — The Silicon Valley start-up Carta is planning to launch … Tweets: @sameer_singh17 , @mayazi , @thecompoundnews , and ...
Spotify's growth likely to be weak at first in Japan, where physical music sales are 84% of total and digital sales fell 50%+ since iPhone launch in 2008
Bloomberg : Tweets: @sameer_singh17 . See also Mediagazer Tweets: Sameer Singh / @sameer_singh17 : Interesting, the iPhone and iTunes actually increased the popularity of physical music in Japan http...
A breakdown of October 2014 fundraising documents from WeWork, which raised $400M in June 2015 at a $10B valuation
and that could be a problem Brendan O'Connor / The Awl : WeParty Like It's 1999 — Last week, members of WeWork … Tweets: Hunter Walk / @hunterwalk : @nitashatiku the @WeWork pitch is fascinating. ...