General Updates

Dropbox needs to be seen like Atlassian, not Box, to avoid a downround IPO

Is Dropbox poised to be valued on public markets less than it’s valued on private ones? Depends on your point of comparison. Dropbox on Friday disclosed reams of financial information in its S-1 filin...

Sequoia and founder Drew Houston are unusually big winners in the Dropbox payday

Sequoia and founder Drew Houston are unusually big winners in the Dropbox payday

Sequoia bought into the company when it was cheap. Here’s what that means today. Dropbox’s CEO and its first big institutional investor have amassed an unusually large percentage of the company. Dropb...

Amazon plans to open as many as six more cashierless Amazon Go stores this year

Amazon plans to open as many as six more cashierless Amazon Go stores this year

New futuristic convenience stores could appear in Seattle and Los Angeles. Amazon’s much-heralded convenience store of the future, Amazon Go, may seem like a crazy experiment. But the company plans to...

The line between Airbnb and your average hotel is thinning

The line between Airbnb and your average hotel is thinning

Airbnb is rolling out programs like hotel bookings and loyalty programs that make it look more like the industry it is trying to disrupt. Airbnb, after years of battling with the hotel industry that i...

Priceline’s acquisition of Booking.com was so transformational that it’s changing its name to Booking Holdings

Priceline’s acquisition of Booking.com was so transformational that it’s changing its name to Booking Holdings

Take a look at its stock price since. Online travel company Priceline Group announced today that it’s changing its name to Booking Holdings. The name change is fitting, as Priceline’s 2005 acquisition...

Uber’s new ‘Express Pool’ is all about getting more riders to share rides

Uber is beginning to roll out a cheaper version of its ride-sharing UberPool service, called Express Pool. The service, which was being tested in Boston and San Francisco, is now available in Los Ange...

The Amazon Prime credit card will start giving 5 percent back on Whole Foods purchases

The Amazon-ification of Whole Foods continues. Starting on Tuesday, Whole Foods shoppers who pay with the Amazon Prime Rewards Visa card will earn 5 percent back at the grocery chain’s U.S. stores. Am...

Snap CEO Evan Spiegel sold $50 million in stock this week, his first public sale since the IPO

Snap CEO Evan Spiegel sold $50 million in stock this week, his first public sale since the IPO

The founder of the communications app is worth about $4.5 billion. Snap CEO Evan Spiegel sold roughly 2.7 million shares of stock last week, worth more than $50 million, which is his first personal st...

Uber’s Dara Khosrowshahi perfectly sums up how CEOs feel about taking money from SoftBank

Uber’s Dara Khosrowshahi perfectly sums up how CEOs feel about taking money from SoftBank

“I’d rather have their capital cannon behind me.” Silicon Valley CEOs mulling whether to accept an investment offer from SoftBank’s Vision Fund always seem to have one alternate history in the backs o...

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