Startups are steering clear of Facebook, Google by innovating for business
Startups are increasingly writing software that allows mainstream companies to do things that the consumer internet giants pioneered, like constant online monitoring of how people use products, regular updates and personalization.
SoftBank’s damage From Uber, WeWork could exceed $5 billion
Uber’s share price drop was the main culprit for Vision Fund’s poor performance i...
Silicon Valley’s mantra of spend big, grow fast? It’s changing.
The nascent change is being driven by the stumbles of some high-profile “unicorns” — the startups that were valued at $1 billion and above in the private markets — just as they reached the stock market.
At private Silicon Valley summit, no love for IPOs or banks
The main target of ire was the first-day stock surge that often accompanies IPOs underwritten by banks.
Slack cares about your eyes, rolls out Dark Mode for desktop
The dedicated dark mode themes are now available on Slack's Mac, Windows, and Linux desktop clients.
Airbnb leans toward direct listing over traditional IPO
With a private valuation of $31 billion, Airbnb is likely to be a topic of discussion. It’s slated to be one of the most high-profile companies to go public next year.
SoftBank’s venture capital riches swamp the market
The size and pace at which SoftBank made its investments raises issues of whether it paid close attention to the usual valuation metrics.
Airbnb says it plans to go public in 2020
Airbnb’s public offering will cap off a decade of startup growth driven by the spread of mobile phones, cheap cloud computing and gig economy workers.
SoftBank needs a different IPO after WeWork slip
SoftBank, like most pre-IPO investors, is generally locked in and can’t cash out that profit for at least a year.
Uber is biggest loser in SoftBank IPO returns, Oyo a bright spot
At the Vision Fund, unrealized losses totaling $1.84 billion were recorded during the quarter ending June 30, attributable to decreases in the fair value of Uber and other investments.
Microsoft bans employees from using Slack citing security concerns
Google Docs are also 'discouraged for use' inside the company.
Slack soars to $21 billion valuation in debut after shunning IPO
That’s a huge increase from Slack’s last private funding round in August, which valued the company at $7.1 billion.
As NBFC disbursements to auto sector slump, used vehicles pick up slack
Subdued demand for new products is being offset by the sale of used vehicles, experts said.
How one VC firm amassed a 24% stake in Slack worth $4.6 billion
Accel invested about $200 million in Slack over seven years, largely driven by Braccia’s unwavering faith in Butterfield.
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