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Tom Gara

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Coverage Timeline

2023-10-05
New York Times 10 related

Blackbird, a restaurant loyalty tool founded by Resy and Eater co-founder Ben Leventhal and which uses the $FLY native token, raised a $24M Series A led by a16z

One of the great joys of living in New York City is never … PRNewswire / Benzinga : Blackbird Labs Raises $24 Million Series A Round From a16z, Amex Ventures and More to Help Transform the Way Restaur...

2023-02-13
Bloomberg

Marketplace Pulse: in a first, Amazon's average cut of each sale reached 51.8% in 2022, up from 48% in 2021, 45.8% in 2020, 40% in 2017, and 35.2% in 2016

Grappling with slowing sales growth and rising costs, Amazon.com Inc. is squeezing more money from the nearly 2 million small businesses … Tweets: @tomgara , @carnage4life , and @astaniscia86 Tweets: ...

2022-08-16
New York Times 35 related

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...

2022-06-20
Bloomberg 23 related

Bitcoin fell to under $18K on Saturday, below its $19,511 high during its 2017 bull cycle, as ether dropped below $1K; both are down 70%+ since November 2021

what this means Robert Reich / The Guardian : The Crypto Crash: all Ponzi schemes topple eventually Hudson Lockett / Financial Times : Celsius warns it will ‘take time’ to stabilise as bitcoin hovers ...

2022-06-18
CoinDesk 33 related

Hong Kong-based crypto lender Babel Finance suspends withdrawals and redemptions to “protect the interests of our clients”, citing “unusual liquidity pressures”

Dear Customers, Recently, the crypto market has seen major fluctuations … Muyao Shen / Bloomberg : Crypto Lender Babel Freezes Withdrawals as Industry Pain Spreads Andrew Rummer / The Block : Babel Fi...

2021-05-02
New York Times

A look at Zed Run, a digital horse racing platform where users breed, race, and trade NFT horses, with some digital steeds and stables selling for six figures

Horse racing meet NFT mania on Zed Run, a digital platform where some top steeds are fetching six-figure sums. Tweets: @joefav , @darrenrovell , @sunny_hundal , @adamlevitan , @tomgara , and @jerryfer...

2021-04-06
Forbes

Profile of Cameron and Tyler Winklevoss, who are building on their successes with crypto investments and the Gemini exchange with Nifty Gateway, Block-Fi, more

Cameron and Tyler, the same ones who got Zucked, and are now Bitcoin (and NFT) billionaires. https://www.forbes.com/... (h/t @bytesofnews) @forbes : The Winklevii share prediction for Facebook's futur...

2019-10-25
TechCrunch 10 related

Twitter misses Q3 estimates with revenue of $823.7M, up 9% YoY vs. $874M expected; 145M monetizable DAUs, up 17% YoY

and the internet surveillance economy in general — that ending privacy-violating settings dented Twitter's ad sales? https://www.bloomberg.com/... https://twitter.com/... Tim O'Brien / @timobrien : “E...

2018-10-17
CNBC 6 related

Source: Lyft has hired JP Morgan to lead its IPO, scheduled for early 2019, which could value company at more than $15B

$120 billion sounds nuts but isn't. —even a successful IPO at that stratospheric valuation doesn't answer whether Uber is a viable, lasting business. https://www.bloomberg.com/... Greg Bensinger / @gr...

2017-09-29
TechCrunch

Source: used goods marketplace LetGo quietly raised $100M at $1B+ valuation, nine months after raising $175M

Ingrid Lunden / TechCrunch : Tweets: @tomgara and @mattzeitlin Tweets: Tom Gara / @tomgara : I really don't understand why you need $375 million in capital to launch / run a classified ads app. http:...

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