Shares of social forum giant Reddit opened today at nearly $47 per share, then quickly soared to around $55, up about 60% in heavy volume from its IPO […]
Profitable car rental service Turo is still ready for an IPO, but its growth cratered in 2023
Turo, the venture-backed, peer-to-peer car rental service reported its fourth-quarter and full-year financial performance this week in an updated IPO filing. The company first filed an S-1 to […]
With Twilio under activist pressure, Segment could be put up for sale
Twilio’s foray into the customer data (CDP) business could be heading for an early conclusion. The former startup offers communications software services via APIs, and in recent years […]
Yes, the tech layoff surge you are feeling is real
Tech layoffs are accelerating, according to the data. The surge in staff cuts comes after reductions in human capital slowed so much in the back-half of 2023 that […]
Bitcoin is on the move, Spotify cuts staff, and more money floods AI
Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the […]
Good news, startups: Q3 software results are changing the tech narrative
Earlier this week, public cybersecurity companies’ quarterly results left us scratching our heads as to why there isn’t more venture capital investment piling into security startups. In an […]
Welcome back to the SaaS bear market
The good news for startups is that growth premiums are coming back Alex Wilhelm 9 hours How are software companies performing today? It’s going to be a busy […]
Was tech’s ‘bull run’ simply a temporary surge?
For a few months this summer, it seemed that the trend of falling tech valuations was nearing an end. The U.S. pausing interest rate hikes, falling inflation in […]