It’s very hard to feel poorly for a company worth around $1.75 trillion, so we won’t. But shareholders of Amazon stock are taking on a bit of water in after-hours trading this afternoon. Amazon reported its Q3 2021 results today after the bell, detailing its recent performance that included a top-and-bottom miss on revenues and […]
Microsoft and Alphabet trounce investor growth expectations
The two companies put up solid growth numbers, made a zillion dollars between them and spent a collected $23.5 million on shareholder-friendly activities. It’s a good time to be a tech giant.
Heavily VC-backed salad chain Sweetgreen heads toward public markets
Sweetgreen is an incredibly well-backed unicorn that just happens to make salads instead of, say, enterprise software.
Facebook reports revenue miss, plans to break out AR/VR top lines
U.S. social networking giant Facebook reported its Q3 financial results today after the bell. It reported $29.0 billion in total revenue and earnings per share of $3.22, calculated on a diluted basis. Investors had expected the company to report revenues of $29.58 billion, per data collected by Yahoo Finance, and earnings per share of $3.19. […]
Facebook’s next chapter just might make sense
I could never really figure out why Facebook spent heavily on VR, but the move may have actually been pretty brilliant from a strategic perspective.
The Trump SPAC is doing stonk things, which is hilarious
None of this makes sense. Even by the standards of 2021 and the SPAC era, this is all very stupid.
Working to understand Rent the Runway’s IPO valuation
If we make critical remarks about Rent the Runway’s business, we’re not mocking the market demand it is working to meet. We’re noting that it is perhaps undercharging, which makes some numbers wonky.
How startups are turning data into software gold
Storing great pools of data is an increasingly figured-out challenge. Between public clouds, and data lakes more specifically, you can stick oceans of corporate data in any number of places. But leveraging that data into something useful is another challenge altogether. The analogy that data is this era’s oil is at best half-baked. Oil takes […]
マイクロソフトがLinkedInを中国市場から撤退
米国のテック巨人Microsoftは米国時間10月14日、同社傘下のプロフェッショナル向けソーシャルネットワーク「LinkedIn」を年内に中国市場から撤退させると発表した。 Read More
3 things GitLab’s wild IPO pricing says about public markets
At minimum, we can say that public markets are as welcoming to high-growth SaaS as private markets. And perhaps, with GitLab’s IPO pricing, slightly warmer.