Sources: Peter Thiel and Larry Page may leave CA over a proposed ballot measure, opposed by Newsom, that levies a one-time 5% tax on those with $1B+ in assets
It's uncertain whether the proposal will reach the statewide ballot in November, but some billionaires like Peter Thiel and Larry Page may be unwilling to take the risk.
Sources: Peter Thiel and Larry Page may leave CA over a proposed ballot measure, opposed by Newsom, that levies a one-time 5% tax on those with $1B+ in assets
It's uncertain whether the proposal will reach the statewide ballot in November, but some billionaires like Peter Thiel and Larry Page may be unwilling to take the risk.
Eric Schmidt says he “misspoke” when he said Google was losing the AI race because the company decided that “working from home was more important than winning”
Ex-Google CEO had said the tech company's work-life balance was ‘more important than winning’
a16z unveils Start, an accelerator that offers early-stage founders up to $1M in capital from its seed fund, after quietly piloting the program for over a year
Natasha Mascarenhas / TechCrunch :
Source: Tiger Global partners have committed $1B of their own cash, at $300M+ every year, to invest in early-stage tech funds
Tiger Global Management, the world's most active startup investor last year, is trying a new way to get the inside track. — Partners at the firm … Tweets: @amir , @sarthakgh , @d...
Palantir closed at $9.50 following its direct listing on the NYSE, after opening at $10, giving it a market cap of roughly $20.9B
Big Data's scariest, most secretive unicorn — got its start, and whether its proprietary surveillance technology is more smoke and mirrors than crystal ball. @weinbergersa reports ...
Zoom reports Q1 revenue of $328.2M, up 169% YoY, and 265K customers with 10+ employees, up 354% YoY; projected Q2 revenue is nearly double expectations
and revenue — thanks to the pandemic The Irish Times : Zoom nearly doubles revenue forecast on remote-work boost Mike Wheatley / SiliconANGLE : Zoom crushes earning estimates and i...
Zoom CEO says the app's upcoming end-to-end encryption feature will be available only to paid users in order to comply with law enforcement in case of misuse
If you're a free Zoom user, and waiting for the company to roll out end-to-end encryption for better protection of your calls, you're out of luck.
A look at the changing landscape of seed funding as more big VCs compete there, and pros and cons of raising a seed round led by a big VC vs a seed-focused fund
When every fund is a seed fund — When Mike Fitzsimmons went out to raise his seed round, he negotiated with all the usual suspects. Tweets: @dscheinm , @sarthakgh , @dunkhippo33 ...
A look at the changing landscape of seed funding as more big VCs compete there, and pros and cons of raising a seed round led by a big VC vs a seed-focused fund
When every fund is a seed fund — When Mike Fitzsimmons went out to raise his seed round, he negotiated with all the usual suspects. Tweets: @dunkhippo33 , @sarthakgh , @dscheinm ...