On Wall Street’s leniency toward unprofitable tech companies and outsized exits.
In this week’s newsletter: Details on Pinterest, Lyft, Uber and Zoom’s upcoming IPOs, plus Glossier and Rent The Runway’s big rounds.
This post reveals the cost of acquiring a customer on every ad channel my agency has tested.
In the latest Equity Shot, Kate Clark and Alex Wilhelm take a closer look at Pinterest and Zoom’s IPO filings.
Pinterest is not happy with Facebook.
The forgotten middle child of the social media family filed for an IPO on March 22, and in doing so the San Francisco-based company made a very public argument that its future is bright. That is, if Faceboo…
Silicon Valley is known for its massive wealth. When these companies file to go public, we all finally get to know how much money these executives take home each year, and the millions they’ll take home after the IPO. In Pinterest’s S-1, which it filed earlier today, we see that co-founder and CEO Ben Silbermann […]
The origin story of Blackbird, a startup that links travelers to planes and commercial pilots through an app, didn’t begin with air travel. It was prompted by car sickness. Blackbird CEO and founder Rudd Davis, who was getting his pilot’s license at the time, asked his flight instructor if he would fly his family to […]
Airbnb to purchase HotelTonight, a hotel-booking app last valued at $463 million.
According to , code hidden inside the Instagram for Android app hints that the Facebook-owned photo sharing service is working on a public “Collections” feature. With this feature, users can organize their favorite, saved Instagram posts into groups and share them with others.
Collection owners would even be able to even grant permission for other Instagram users to contribute to their public collections.
The feature was first discovered by , a software developer who’s gained a following for reverse engineering apps in order to find new features that are being planned. Read more…
It takes a lot more than a good idea and the right timing to build a billion-dollar company. Talent, focus, operational effectiveness and a healthy dose of luck all play a part.
Plus, Pinterest is going public too, Lyft’s IPO is imminent and London is home to the largest pre-seed fund ever.
Instagram is threatening to attack Pinterest just as it files to go public the same way the Facebook-owned app did to Snapchat. Code buried in Instagram for Android shows the company has prototyped an option to create public “Collections” to which multiple users can contribute. Instagram launched private Collections two years ago to let you […]