Facebook faces big antitrust lawsuits, DoorDash and C3.ai go public and YouTube announces new election misinformation policies. This is your Daily Crunch for December 9, 2020. The big story: FTC and 4
Naturally, the economic model is important. Profitability is important. TAM is important. But right now, the markets are hot. Growth trumps all.
Haters gonna hate, IPOs gonna pop. That’s the story today as richly valued DoorDash and C3.ai, two American technology unicorns, saw their values skyrocket after they began trading today. DoorDa
Last night both DoorDash and C3.ai priced their IPOs above their raised ranges. In simpler terms, both companies provided the market with a target price interval. Then they both raised it and each pri
According to media reports, food-delivery giant DoorDash priced its IPO at $102 per share, ahead of its final IPO pricing range of $90 to $95 per share. The company’s debut has been warmly antic
So much for a December slowdown — this morning, Airbnb and C3.ai raised their IPO price ranges and we got early pricing information from Upstart and Wish.
If funding round stories were simply stories about funding, we would only need Twitter to be educated. TechCrunch is proof that the stories are so much more than the dollar signs.
DoorDash filed a fresh S-1/A, providing the market with a new price range for its impending IPO. The American food delivery unicorn now expects to debut at $90 to $95 per share, up from a previous ran
This morning, DoorDash filed a new S-1 document, this time updating the market about the price it expects to command during its public offering. The food-delivery giant gave a range of $75 to $85 per
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast (now on Twitter!), where we unpack the numbers behind the headlines. This is an all-time first for the show, it’
DoorDash, Affirm, Roblox, Airbnb, C3.ai and Wish all filed to go public in recent days, which means some venture capitalists are having the best week of their lives. Tech companies that go public capt
The only thing more rare than a unicorn is an exited unicorn. At TechCrunch, we cover a lot of startup financings, but we rarely get the opportunity to cover exits. This week was an exception though,
Airbnb filed to go public today, bringing the well-known unicorn one step closer to being a public company. The financial results show a company on the rebound, but smaller than it was. Its more granu
Welcome back to Human Capital. In this week’s edition of HC, you’ll read about the latest labor struggles at Amazon and the Chan Zuckerberg Initiative, President-Elect Joe Biden’s promises to gi
DoorDash has become the go-to delivery choice for millions of people cooped up during the pandemic this year. Will they stay as life returns to normal after the vaccine? What will be "normal," anyway?
One of my favorite series of Monty Python sketches is built around the concept of surprise: Chapman: I didn’t expect a kind of Spanish Inquisition. [JARRING CHORD] [Three cardinals burst in] Ca
DoorDash filed to go public today, publishing numbers that showed rapid growth, enhanced profitability and an improving cash flow record which helped explain how the company had grown to a $16 billion
The venture capital market appears to be getting later, larger and more expensive. As a result, fintech — one of its hottest and most-funded sectors — is evolving in a similar manner. For late-sta
After years of rumors and high-flying headlines, we finally have the S-1 for DoorDash. Alex has covered the primary details, but I figured it would be good to dive in so we can see who is raking in th