Coco Robotics, which operates a fleet of cooler-sized delivery robots on wheels, raised $80M from Sam Altman and others, taking its total funding to $110M+
Coco Robotics, a startup that operates a fleet of cooler-sized delivery robots on wheels, has raised $80 million in funding … X: @sarthakgh X: Sar Haribhakti / @sarthakgh : “He expects to have at leas...
Klaviyo closes up 9.2% in its New York Stock Exchange debut, valuing the Shopify-backed e-commerce marketing company at $9.9B on a fully diluted basis
but Important—IPO — We tend to lionize founders who start companies with the splashiest … Fortune : A day after a blockbuster debut, Instacart's shares go in reverse and briefly sink below their IPO...
Apple says Apple Card's savings account, which has had a 4.15% interest rate since its April 2023 launch with partner Goldman Sachs, has topped $10B in deposits
https://www.cultofmac.com/... Twitter: Simon Khalaf / @simonkhalaf : If anyone has a doubt how powerful embedded finance is, just read this https://9to5mac.com/... Neil Cybart / @neilcybart : Apple PR...
A closer look at the collapse of Silicon Valley Bank, the 16th largest US bank whose unrealized losses snowballed from $0 in June 2021 to $16B by September 2022
Markets/Econ — General Sherman's memoirs about the Page & Bacon 1855 bank run in San Francisco. Mike / Nongaap Investing : SIVB: Held-to-Mortem Governance Tweets: Mike / @nongaap : It kind of blows ...
A look at Stripe's obstacles before its IPO, including increasingly tough competition while moving upmarket, slowing revenue growth, and a lack of profitability
Jareau Wadé / Every : Tweets: @sarthakgh Tweets: Sar Haribhakti / @sarthakgh : .@jkwade has committed the crime of writing a sobering piece on Stripe for @every https://every.to/... https://twitter.c...
Poshmark's market cap is now $1.4B, a 50%+ drop from its January IPO, as revenue growth slowed to 16% in Q3, down from 42% in Q1, amid Apple's privacy changes
instead, the company is facing slowing revenue growth, causing concern about the social shopping business model. https://www.theinformation.com/ ... Sar Haribhakti / @sarthakgh : “When Poshmark went p...
Analysis of leaked data from 4.9M Twitch accounts: the top 1% of streamers made over half of the money paid out in 2021, 3/4 made under $120, and more
Top 1% of Twitch streamers earn 50%+ all revenue —Top 1% podcasters earn almost all ad revenue —Top 10 Substacks make $20M Tipping and micropayments may help solve this. But prob not meaningfully or s...
Notion raises $275M led by Coatue Management and Sequoia at a $10B valuation; the company was reportedly valued at $2B in April
keep in mind that re-centralization (never called that but in the DNA) is always at the core of big valuations. BTW I think Notion is terrific. https://twitter.com/... @can : I'm hoping Notion will sp...
YC's W21 batch featured 43 Indian startups, a new record, and had 350 startups in total, of which 50% were based outside the US, the highest percentage to date
W21 — features 350 startups from 41 nations. Fifty percent of the firms, the highest percentage to date, in the new batch are based outside of the US. India is the second-largest demographic represent...
Neeva, which is developing an ad-free search engine to be funded by subscriptions, raises $40M, valuing it at $300M and bringing the total raised to $77.5M
even beyond existing giants and startups. https://www.forbes.com/... Sar Haribhakti / @sarthakgh : Two Google veterans starting a company to compete with Google is why non competes culture of SV is so...