Paying $115B for Stripe or $77B for Coinbase might be quite rational
It's hard to overvalue a startup when the public market is willing to double its valuation the moment it starts to trade. CoinDesk reported yesterday that crypto trading startup Coinbase is being valued at $77 billion on private exchanges......»»
Blue Origin will start selling tickets for New Shepard space tourism flights on May 5
Blue Origin seems very close to flying paying customers on its New Shepard sub-orbital rocket, having conducted a dress rehearsal of astronaut loading and unloading on its latest mission. Today, it also revealed that it will be selling the first tick.....»»
GM partners with 7 charging networks ahead of electric vehicle push
GM revealed Wednesday a four-part plan meant to handle all the steps of charging an electric vehicle, including finding a public charger and paying for the power, as the automaker seeks ways to attract customers to the 30 EVs it plans to launch by 20.....»»
Stripe acquires TaxJar to add cloud-based, automated sales tax tools into its payments platform
Stripe, the privately-held payments company now valued at $95 billion, has made an acquisition to expand the range of tools (and services) that it provides to online businesses. It has acquired TaxJar, a popular provider of a cloud-based suite of tax.....»»
Paying Tribute to Former Vice President of IEEE’s Publication Services and Products Board
Syracuse University engineering professor Tapan Kumar Sarkar dies at 72 .entry-content .tisubhead { color: #999999; font-family: verdana; font-size: 14px; font-weight: bold; letter-spacing: 1px; margin-bottom: -5px !impo.....»»
Founders who don’t properly vet VCs set up both parties for failure
Due diligence isn’t a one-way street, and founders must do their homework to make sure they’re not jumping into deals with VCs who are only paying lip service to their value-add. Andrés Dancausa Contributor.....»»
Netflix"s Dominance Starts to Slow as Streaming Rivals Gain
The New York Times reports: Netflix still rules the streaming universe. As of the end of March, it had 207.6 million total paying subscribers, with about 67 million in the United States, the company noted in an earnings report on Tuesday. But its ma.....»»
China’s e-commerce giant JD.com starts paying some staff in digital yuan
China’s plan to introduce its digital currency is getting a lot of help from its tech conglomerates. JD.com, a major Chinese online retailer that competes with Alibaba, said Monday that it has started paying some staff in digital yuan, the virt.....»»
Early Coinbase backer Garry Tan is keeping the “vast majority” of his shares because of this deal
A week after the cryptocurrency exchange Coinbase staged a direct listing, much of the focus remains on the wealth that the listing generated for executives at the company, its board members, and its private investors. Citing data from Capital Market.....»»
Coal miners’ union lobbies for jobs in renewable energy
“We’ll take good paying jobs any way we can get them.” Enlarge (credit: Matt McClain/The Washington Post via Getty Images) What if the British crown had offered the Luddites a retraining program and the promise of good-paying factory job.....»»
Bitcoin, Other Cryptocurrencies Plummet This Weekend
"The mania that drove crypto assets to records as Coinbase went public last week turned on itself on the weekend," report Bloomberg — as the price of bitcoin took a big dive: The world's biggest cryptocurrency plunged as much as 15% on Sunday,.....»»
Katie Haun on saying yes to Coinbase and where a16z’s crypto fund is placing its bets now
Coinbase, the newly public cryptocurrency exchange, has had it share of ups and downs. Still, the nearly nine-year-old, San Francisco-based outfit got a lot right ahead of its highly successful direct listing this week, including, seemingly, inviting.....»»
Katie Haun on saying yes to Coinbase and where a16z’s crypto fund is largely placing its bets now
Coinbase, the newly public cryptocurrency exchange, has had it share of ups and downs. Still, the nearly nine-year-old, San Francisco-based outfit got a lot right ahead of its highly successful direct listing this week, and among those things, seemin.....»»
Coinbase makes splash on market debut with $99.6bn valuation
The cryptocurrency exchange coinbase started trading on Wednesday at a valuation of nearly $100bn (£72bn), in a major boost to supporters of digital currencies such as bitcoin......»»
The IPO market is sending us mixed messages
If you only stayed up to date with the Coinbase direct listing this week, you’re forgiven. It was, after all, one heck of a flotation. But underneath the cryptocurrency exchange’s public debut, other IPO news that matters did happen this.....»»
Nelo raises $3M to grow ‘buy now, pay later’ in Mexico
Buy now, pay later is a way of paying for purchases via installment loans that generally have no interest. The concept has grown in popularity in recent years, especially in markets such as the United States, Europe and Australia. Numerous players ab.....»»
Coinbase’s direct listing alters the landscape for fintech and crypto startups
Will Coinbase's direct listing suggest that there's less risk and more opportunities for VCs looking to back crypto and fintech startups? Coinbase’s direct listing was a massive finance, startup and cryptocurrency event that impacted a ho.....»»
Crypto firm Coinbase valued at more than oil giant BP
Coinbase, which runs a leading trading platform for Bitcoin, hit nearly $100bn in its stock market listing, before slipping......»»
Daily Crunch: Coinbase goes public
Coinbase makes an impressive public debut, Dell spins out VMware and Ford announces a new hands-free driving system. This is your Daily Crunch for April 14, 2021. The big story: Coinbase goes public Cryptocurrency exchange Coinbase went public today.....»»
Crypto"s near-term success could hinge on Coinbase"s public listing
Nasdaq set a reference price of $250 per share on Tuesday, resulting in a projected valuation of $49.8 billion for Coinbase. Because this is a direct listing and not a traditional initial public offering, however, the $250 figure isn’t an offering.....»»
Coinbase Opens at $102 Billion Valuation on First Day of Public Trading
Cryptocurrency exchange Coinbase opened trading on Wednesday at $381 per share, giving it a fully diluted market value of around $102 billion. From a report: This is a slight premium to the most recent private trades for Coinbase stock, and more than.....»»