Snap Inc., the parent company of Snapchat, had a stellar first day in its public debut on the New York Stock Exchange, popping 44%. The self-proclaimed camera company that began its roots as an ephemeral photo-sharing app first priced its IPO at $17 per share on Wednesday. The stock opened at $24 and closed the day at… Continue reading Snapchat is already more valuable than these 9 companies
Category: Industry
B.C. tech startups threaten to disrupt ‘dinosaur’ industries
Another helps farmers boost their crop yields with a mobile app that manages operations from seed to sale. A third new technology firm aims to replace conventional bank accounts with only a card and an app. Continued on source. Love0 Share Tweet Share Pin
A new way for founders to connect with the right VCs
A young Silicon Valley venture firm is taking the wraps off a piece of software that it says makes it a cinch for founders to figure out which VCs are worth approaching, based on stage, sector, and a variety of other factors. Continued on source. Love0 Share Tweet Share Pin
In San Francisco, lease prices hold steady, but landlords offer more perks
Leasing commercial space in San Francisco is as expensive as ever, but prices are mostly holding steady for the first time in a long time — not rising. That shift has landlords offering more perks and brokers wondering what’s next. Their obvious concern: that good times can’t last forever, especially for venture-backed companies that aren’t IPO candidates and… Continue reading In San Francisco, lease prices hold steady, but landlords offer more perks
Grab is buying Indonesian payment firm Kudo in its first major acquisition
Uber’s Southeast Asia rival Grab is in the process of buying up Indonesia-based online payment startup Kudo in its first major acquisition. A source close to discussions confirmed to TechCrunch that talks are ongoing and a deal could be announced as soon this week. Reuters first reported the deal, which it said would be over $100 million however our source suggested… Continue reading Grab is buying Indonesian payment firm Kudo in its first major acquisition
Why AWS has such a big lead in the cloud
When you look at the size of the cloud market, it’s astonishing that AWS is the undisputed leader, and probably will be for the foreseeable future. Considering the competition is the likes of Google, Microsoft, IBM and Oracle; AWS’s big lead is even more surprising. The question is how did AWS build such dominance? Continued… Continue reading Why AWS has such a big lead in the cloud
12 KPIs you must know before pitching your startup
It is critically important for the founders of a company to intimately understand the company’s key performance indicators (KPIs). Founders cannot hope to grow a company in any meaningful way without an almost obsessive focus on its KPIs. Why? Because KPIs, if constructed correctly, give management and potential investors a cold, analytical snapshot of the… Continue reading 12 KPIs you must know before pitching your startup
Amazon Echo spot ‘primes’ Super Bowl audience for drone delivery in the US
The e-commerce titan’s Super Bowl spot featured a woman and a man sitting on a couch with a bowl of Doritos between them. The man is seen licking the Doritos’ orange cheese residue from his fingertips and returning them to the bowl for another helping. At this point, the woman throws a little side-eye his way, and says to… Continue reading Amazon Echo spot ‘primes’ Super Bowl audience for drone delivery in the US
Snap has finally filed publicly for its massive IPO
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
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