2020-09-25
Palantir has never made money in 17 years but at least they're pioneers in corp gov. Nice work everyone! “Some potential investors say that even if they find the company's voting structure egregious, they think Palantir will keep growing and the stock will go up over time.” https://twitter.com/...
Wall Street Journal
Sources: ahead of public market debut on Sept. 30, Palantir has told investors that its shares could start trading at $10 apiece, valuing the company ~$22B
Bankers have told investors stock could start trading at around $10, sources say — Palantir Technologies Inc. is expected to fetch …
2020-05-15
“Another key decision was to build the infrastructure for HBO Max on the back of the existing HBO Now streaming platform rather than starting from scratch. “John's analogy to me was 'We've got a 200-hp car. I need you to build me an 800-hp car” 😁 https://variety.com/...
Variety
Inside AT&T's $4B bet to stand out in the streaming wars with HBO Max, which is to launch on May 27 despite 30 projects shuttering due to the pandemic
HBO but more — from @Variety_Cynthiaand @gdanielholloway https://variety.com/...
2020-04-08
New debt at L+10 and warrants will make anyone pissy 😆 “An Airbnb spokesman said The Wall Street Journal's reporting was “wildly inaccurate and wrong” but didn't specify what was incorrect.” https://www.wsj.com/...
Wall Street Journal
Sources: Airbnb is paying 10%+ interest on the $1B funding it raised on Monday; investors were offered free stock warrants based on an $18B valuation
Airbnb's new investors get free warrants based on company valuation of $18 billion — Airbnb Inc. agreed to pay its new investors interest …
2020-03-13
“I survived guests stealing my car, guests burglarizing my home, guests with drug paraphernalia and even guests operating a suspected pop-up brothel. Coronavirus has been the worst and will force me to close” https://www.wsj.com/...
Bloomberg
Source: Airbnb reported a loss of $276.4M in Q4 before COVID-19 hit, nearly doubling YoY from $143.7M; revenue was up 32% to $1.1B, and it has $2B+ in the bank
and guidance for Q1 was 25% growth. However — that projection was pre-virus frenzy and pre Trump's Europe travel ban https://www.bloomberg.com/... via @technology Olivia Solon / @o...
2019-10-07
Hi I am a VC. I aggressively take minority and marketability discounts on my shares for to avoid taxes for estate planning but demand to sell a large slug of shares at a premium. Market impact costs are a myth. https://www.cnbc.com/...
CNBC
Bill Gurley talks about his drive to persuade more tech startups to choose direct listings, instead of traditional bank-led IPOs, to enter public markets
33.5% and 29.2%, respectively..” “..incentive to give buyers — mutual fund companies and big hedge funds — a deal..” https://www.cnbc.com/... Investors In Vests / @investrsinvests ...