Payments infrastructure giant Stripe said today it has inked deals with investors to provide liquidity to current and former employees through a tender offer at a $65 billion valuation. Notably, the valuation represents a 30% increase compared to what Stripe was valued at last March when it raised $6.5 billion in Series I funding at […]
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WhatsApp announced today that it is rolling out a “search by date” function for individual and group chats on Android devices. The feature has been available on other platforms including iOS, Mac desktop, and WhatsApp Web. Mark Zuckerberg shared the announcement on his WhatsApp channel with a video of him searching for an old chat […]
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Dating app maker Bumble is rethinking its vision for the company’s future after announcing weak earnings and massive job cuts that will see the company cutting a third of its staff, or around 350 employees. In addition to plans to revamp its app for Gen Z, the company’s focus under new CEO Lidiane Jones, previously […]
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Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, focused on startup and venture capital news that matters. We pull the top stories from the week thus far, and give […]
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One of the interesting aspects of this deal is that no money is changing hands.
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A new product for startups resulted in some big business coming Coverdash’s way, including new distribution partners and customer growth.
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