Wag, the pet care tech company reportedly valued at ~$650M after a $300M investment from SoftBank Vision Fund in January 2018, filed for bankruptcy on July 21
It's a huge $300M miss for Softbank, but I guess when you count Alibaba, ARM, Uber, DoorDash, and ByteDance among your hits you can afford to look silly when the dog-walking one flops Mastodon: Dare O...
Sources: e-commerce startup OpenStore, co-founded by Keith Rabois, is raising a $15M Series C at a valuation of just $50M, down from $970M in September 2022
E-commerce startup OpenStore is slashing its valuation from nearly $1 billion to just $50 million in a new round of funding … Bluesky: @kevinmarks.com . X: @pitdesi and @sri_batchu Bluesky: Kevin Mark...
Sources: Cursor maker Anysphere is in talks to raise hundreds of millions at a $10B valuation, up from $2.5B in January, and crossed $100M in ARR in 12 months
Cool AI startups in 2025: we will raise hundreds of millions of dollars [embedded post] X: Trace Cohen / @trace_cohen : $10B val doing $150M prob!? But like in 2yrs which is crazy but what... At this ...
Source: Ilya Sutskever's startup Safe Superintelligence is raising $1B+ at a $30B+ valuation led by Greenoaks Capital, which plans to invest $500M
that outsmarts humans in a safe way—is heading for a $30 billion-plus valuation The Information : Ilya Sutskever's Startup in Talks to Raise Financing at $30 Billion Valuation Meytal Vaizberg / Globes...
Bitcoin passed $89K for the first time, Tesla closed up 8.96%, Coinbase closed up 19.76%, and Robinhood closed up 7.4%, as investors pile into “Trump trades”
It Just Had Its Best One Ever Steven Walgenbach / Inside Bitcoins : BlackRock Bitcoin ETF Hits New Record As Polymarket Odds Of Bitcoin Hitting $100K This Year Soar Vladimir Popescu / Watcher Guru : T...
Robinhood launches its long-awaited desktop platform Robinhood Legend, and plans to add futures and index options trading to its mobile app in the coming months
CEO Vlad Tenev Reveals 1,000 Early-Access Users Opted In In ‘46 Seconds’ Barbara A. Friedberg / Investopedia : Robinhood Just Revealed 3 New Products for Active Traders Andrew Welsch / Barron's Online...
In a letter to investors, Bolt says it is finalizing a $450M Series F at a $14B valuation; documents show the deal terms are bewildering and hard to believe
This is a pay-to-play VC deal for the ages. https://www.theinformation.com/ ... @erinkwoo [image] Sheel Mohnot / @pitdesi : Wild: Breslow back to Bolt as CEO, company raising $450M at a $14B valuation...
Letter to investors: Bolt is finalizing a $450M Series F at a $14B valuation but with harsh terms for existing investors; Ryan Breslow plans to return as CEO
As startup founder comebacks go, this may rank as one of the most remarkable. — Bolt founder Ryan Breslow is returning as CEO … X: @amir , @pitdesi , @jessicalessin , and @erinkwoo X: Amir Efrati / ...
Instacart files for a US IPO, reports 2022 revenue up 39% YoY to $2.55B, $428M net income, up from a $73M loss in 2021, and H1 2023 revenue up 31% YoY to $1.48B
Common Stock This is an initial public offering of shares of common stock … Reuters : Instacart reveals IPO filing, disclosing PepsiCo investment, profitability Dan Frommer / The New Consumer : Parade...
Instacart files for a US IPO, reports 2022 revenue up 39% YoY to $2.55B, $428M net income, up from a $73M loss in 2021, and H1 2023 revenue up 31% YoY to $1.48B
Common Stock This is an initial public offering of shares of common stock … Bill Peters / MarketWatch : Instacart files for IPO, joining crowded field of gig-economy names as markets rebound Hayden Fi...