This is another incremental step in the process of going public, but it’s probably the most important because we’re finally getting our first glimpse at the financial guts of the company. Snapchat has gone from a zeitgeist-y app among a younger audience to one with more than 150 million daily users — and one with… Continue reading Snap has finally filed publicly for its massive IPO
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Blockchain and Cryptocurrency
In May of 2010, someone on a Bitcoin forum by the name of Lazlo claimed to have bought two pizzas for 10,000 bitcoins. It was the first time anyone had purchased anything with the new digital currency, which at that time was valued at practically nothing. Continued on source. Love0 Share Tweet Share Pin
Samsung records highest profit jump in 3 years
Samsung today recorded its biggest leap in profits for three years, up 50 percent year-on-year, showing that there is far more to the company than the Galaxy Note 7 saga. Continued at the original source. Love0 Share Tweet Share Pin
Koubei raises $1.1 billion
Alibaba just reported a very impressive quarter of business, but there was a small nugget of notable funding news tucked away in its announcement. Koubei, an Alibaba affiliate company focused on enabling local commerce, closed a $1.1 billion financing round this month. Continued on source. Love0 Share Tweet Share Pin
EquipmentShare – $26 Million Dollar Raise
It hasn’t even been a year since EquipmentShare raised a Series A round of funding, but the “Airbnb of construction rentals,” has closed a $26 million Series B round. The Columbia, Missouri-based startup helps contractors rent out their under-utilized equipment, or rent safety tested equipment that they need from a fellow contractor. Continued on original… Continue reading EquipmentShare – $26 Million Dollar Raise