Megan Rose Dickey
Senior Reporter
The Latest from Megan Rose Dickey
Lime hires its first CFO
Lime is hiring Ted Tobiason, former managing director in tech equity capital markets at Morgan Stanley, to serve as its chief financial officer. This comes following Lime’s behemoth $310 million
Google ends forced arbitration for employees
Google is finally ending forced arbitration for its employees. These changes will go into effect for both current and future Google employees on March 21. While Google won’t reopen settled claim
Zoba raises $3 million to help mobility companies predict demand
Scooter share, bike share and ride hailing are quickly becoming staple commodities in cities all over the world. As companies in those respective spaces try to improve their economics, Zoba is aiming
Lyft launches surge-free, shared rides
Somewhat similar to Uber’s Express Pool option, Lyft just launched Shared Saver to help people spend less money for shared rides. But what makes Lyft’s option more attractive is that rider
Nauto, a SoftBank-backed mobility startup, brings on team from Newton
Nauto, the transportation company that aims to make human drivers safer and train autonomous vehicles for all types of scenarios, has scooped up the team from Newton Technologies, following the compan
Thumbtack now offers benefits to independent contractors
The gig economy has been under much scrutiny as of late due to the way it pays — or, skirts around paying — its independent contractors. Thumbtack, a platform for finding professionals to
Kairos gets a $4 million lifeline for its facial recognition software
Kairos, the facial recognition startup that found itself in turmoil following the ouster of founder and then-CEO Brian Brackeen last October, has raised $4 million in funding from E. Jay Saunders, CEO
Uber reports $3B in Q4 revenue, rising operating losses
Ahead of its anticipated initial public offering this year, Uber reported a net loss of $865 million in the fourth quarter. That figure, however, was aided by a tax benefit that saved the company from
Lime loses appeal to operate electric scooters in SF
Lime, similar to its competitors Spin and JUMP, just got word that while its appeal to operate electric scooters in phase one of San Francisco’s pilot program was denied, it may be able to deplo
DoorDash subsidizes driver wages with tips
It’s true that DoorDash offsets the amount it pays its drivers with customer tips, according to the FAQ page on its own site. “For each delivery, you will always receive at least $1 from D
Google expands partnership with Founder Gym to support underrepresented founders
Google for Startups has expanded a partnership with startup training program Founder Gym to better serve underrepresented founders through a new scholarship program. The program typically charges $2,
Mental health startup Lantern will continue to live through IP licensing deals
After winding down its consumer-oriented operations last July, mental health startup Lantern has partnered with larger mental health providers to license its IP. In addition to licensing its IP to Om
Lyft brings on Uber’s former global head of internal audit
The battle between Uber and Lyft, which are both expected to go public this year, continues. Today, Lyft announced the hire of Michelle DeBella, formerly Uber’s global head of internal audit, as
DoorDash is reportedly raising $500M at a $6B+ valuation
Just days after Postmates filed confidential paperwork for an initial public offering, the latest news in the on-demand delivery space is that competitor DoorDash is in the process of raising a $500 m
Lyft puts $700K toward Oakland’s underserved communities
Lyft is donating $700,000 to TransForm, an organization focused on improving access to transportation in underserved areas throughout California. In partnership with Oakland Mayor Libby Schaaf, Lyft a
Lyft says it has more wheelchair accessible vehicles available in NYC
Lyft, which has faced at least one lawsuit pertaining to its alleged discrimination against people with physical abilities, announced today it has expanded its wheelchair-accessible vehicle (WAV) ser
Uber’s JUMP bikes are seeing high utilization rates
In the past year, more than 63,000 people took 625,000 rides on JUMP bikes in San Francisco, JUMP announced today. Each JUMP bike in San Francisco saw an average of seven rides per bike per day compar
Optimus Ride deploys more self-driving vehicles
Optimus Ride, an MIT spin-off, is gearing up to deploy its self-driving vehicles within a mixed-use development located in Reston, Va. Thanks to a partnership with Brookfield Properties, Optimus Ride
Instacart CEO apologizes for tipping debacle
On the heels of a recently filed class-action lawsuit over wages and tips, as well as drivers and shoppers speaking out about Instacart’s alleged practices of subsidizing wages with tips, Instacart
Lime raises $310 million Series D round led by Bain Capital Ventures and others
Lime just announced it has raised a $310 million Series D round. Led by Bain Capital Ventures, Andreessen Horowitz, Fidelity Ventures, GV and IVP, the round values Lime at $2.4 billion. “This ne