Sources: WeWork is considering seeking a valuation of ~$20B-$30B in its US IPO, marking a significant reduction from an earlier valuation of $47B
Data Sheet New York Times : WeWork Parent Considers Reducing Valuation Before I.P.O. Thomas Franck / CNBC : WeWork is dramatically slashing its IPO valuation to less than $25 billion because of weak d...
Food delivery app DoorDash raises $600M led by Darsana Capital Partners at a $12.6B valuation, just three months after it raised $400M at a $7B valuation
On the heels of our unprecedented growth … TechCrunch : How to avoid an IPO — Hello and welcome back to Equity … Eliot Brown / Wall Street Journal : DoorDash's Valuation Soars to $12.6 billion as Mo...
Uber sets IPO price range of $44 to $50 per share, plans to raise up to $10.35B at a valuation of up to ~$84B
or maybe it's $91.5 billion. Depends how you like to count shares. https://www.bloomberg.com/... Ingrid / @ingridlunden : The reasons for the huge drop: last year it divested in Russia and SE Asia and...
Timeline of Amazon's rise as it now gets 40%+ of all spending by US consumers online; 54% of US households with internet use Prime; and Alexa has 30,000+ skills
Amazon has grown into a $178 billion-a-year revenue business with online retail, a dominant cloud-services business, a grocery chain and a Hollywood studio. Tweets: @scottmaustin Tweets: Scott Austin ...
Study: increases and decreases in Uber's base fare have little effect on long-term driver earnings
Greg Bensinger / Wall Street Journal : Tweets: @scottmaustin Tweets: Scott Austin / @scottmaustin : Fascinating Uber study confirms there is effectively no way to raise drivers' hourly wages Instead ...
Waze plans to expand ride-sharing service to several US cities and Latin America over the next few months
Waze, a navigation app owned by Alphabet … Eric McCaffrey / Seeking Alpha : Google targeting Waze rideshare expansion Tweets: Martin Beck / @martinbeck : You're such a tease, @waze. How about some rol...
Pokémon Go hits 75M+ worldwide downloads, has launched in 32 markets and is top for App Store revenue in all of them
By A Lot Samantha Rhodes / CNET : Pokemon Go cinches 75 million downloads Stan Schroeder / Mashable : ‘Pokémon Go’ shatters records on its way to estimated 75 million downloads Jeffrey Burt / eWeek : ...
Inside VC funding squeeze: DraftKings raises $100M through convertible notes paying 5% interest rate, DoorDash gives investors right to block an IPO
Rolfe Winkler / Wall Street Journal : Tweets: @scottthurm , @scottmaustin , @schlaf and @asanwal Tweets: Scott Thurm / @scottthurm : VC says startups are like Titanic after it hit iceberg: “No one wa...