The Wall Street Journal is tracking changes in mutual funds’ estimates of share prices in startup companies that are valued at $1 billion or more.
Read more: http://bit.ly/1U5P544
Mutual Funds Sour on Startup Investments
Mutual funds that helped fuel the technology boom are cutting the value of their startup investments at an accelerating pace and are making fewer new investments.
Read more: http://on.wsj.com/1QEsQxE
Line plots $3b IPO, but may have a tough road ahead
Rumors of an IPO for Line have been rumbling on for nearly three years. What was once thought to be a US$10 billion IPO could turn out to be a US$3 billion listing, according to a report today from Reuters affiliate IFR.
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Snapchat Raises $175 Million From Fidelity at Flat Valuation
Snapchat Inc. has raised $175 million in fresh funding from Fidelity Investments, valuing the messaging company at the same $16 billion valuation from one year ago, a person familiar with the matter said. Fidelity bought shares at $30.
Read more: http://on.wsj.com/21Lw49O
Uber racked up big international losses during 2014 expansion
AMSTERDAM (Reuters) – The international business of Uber, the U.S.-based ride-hailing service, lost $237 million in 2014, a big increase on a deficit of $31.9 million the previous year, as the company expanded around the globe.
Read more: http://reut.rs/1VRzTql
Slack will soon start testing voice and video chat
Skype大鑊了
// Slack is gunning for Skype and Google Hangouts with the 2016 product roadmap it revealed today. The biggest change coming: the ability to seamlessly turn a text chat into a voice or video chat will begin testing “very soon”. //
Read more: http://tcrn.ch/1ONPgKS
Fixing the Inequity of Startup Equity — Triplebyte Blog — Medium
Stock options are valuable compensation for startup employees. The high potential upside of these options motivates employees to turn down larger salaries at bigger companies and work at startups.
Read more: http://bit.ly/1L1TAv8
The Twitter Contradiction – AVC
So everyone around here knows I’m bullish on Twitter and we own a lot of stock. So take all of this in that context please. I just don’t understand the narrative around Twitter. “It is in trouble. It isn’t growing. It’s time has come and gone. The kids all use Snapchat and Instagram.
Read more: http://bit.ly/1oKRfdr