a16z invests in Adam Neumann's residential real estate management startup Flow, sources say ~$350M at a $1B+ valuation, the firm's largest-ever individual check
Our nation has a housing crisis. — The demographic trends driving … Ryan Deffenbaugh / Protocol : Can proptech go with Adam Neumann's Flow? Edward Ongweso Jr / VICE : NIMBY Marc Andreessen Gives WeW...
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...
Sources: Uber's $1 Safe Rides Fee, introduced in 2014, was devised primarily to add $1 of pure margin to each trip; court documents: the fee brought in ~$500M
+ the massive affronts to rider and driver safety Travis Kalanick + Uber inflicted on the world—as chronicled in @MikeIsaac's excellent book—next time someone goes on about how evil Theranos was. Uber...
Sources: Uber's $1 Safe Rides Fee, introduced in 2014, was devised primarily to add $1 of pure margin to each trip; court documents: the fee brought in ~$500M
+ the massive affronts to rider and driver safety Travis Kalanick + Uber inflicted on the world—as chronicled in @MikeIsaac's excellent book—next time someone goes on about how evil Theranos was. Uber...
Like Theranos, many of today's tech “unicorns”, sheltered from the scrutiny of public markets, appear flimsy
Michael Moritz / Financial Times :
Like Theranos, many of today's tech “unicorns”, sheltered from the scrutiny of public markets, appear flimsy
The subprime ‘unicorns’ that do not look a billion dollars — It is easier to present an aura of invincibility as a private company, writes Michael Moritz