Fidelity repriced some startups again, and it really isn’t that big of a deal. Plus, why Here may not have been right for Uber, and the struggles of Lyft.
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?
Dropbox Paper, Dropbox’s Missed Opportunities, Google Apps Stagnation
Dropbox just announced a major new product, Paper. However, I think it is far too little far too later. Meanwhile, Google is using pricing gimmicks for Apps, which speaks to how little the core product has evolved.
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 frontSubscribe […]