Sequoia Scouts, Fidelity Cuts Value of Unicorns

Sequoia has been funding pre-angel investors called Scouts: the point isn’t to make money, but to gather information and build relationships. Then, Fidelity is marking down startups: is the sky falling?

Daily Update: Valuation Versus Risk Bubbles, Apple Watch Reviews Drop

Good morning, A couple of days ago a bug in my membership software exposed several Daily Updates to RSS subscribers. I apologize to all of you; as I’ve noted I’m in the middle of transitioning the site to a new membership system that should address these issues once and for all. News on that front […]