It seems like every innovative, disruptive service changing the world today was immediately met with skepticism upon release. When Uber came out, taxis and regulators claimed that nobody would want to get into a random driver’s car. When Airbnb launched, hotels laughed at the premise...
Could Fidelity’s latest investment in Snapchat at a valuation of $16 billion actually indicate trouble for the social newcomer? According to The Wall Street Journal, Snapchat Inc. has raised $175 million in new funding from Fidelity Investments. This valuation of the social messaging company puts...
There are few people in the world who feel negatively about healthy eating. Most adults understand that healthy eating is an important and noble goal — or at least a necessary evil if one wishes to be thin, free of Type 2 diabetes or able...
Uber’s aspiration to cut itself a bigger share of the Chinese ride-hailing market seems to be slipping away from its reach with its Chinese arch rival, Didi Kuaidi, planning to raise another $1 billion for further expansion. The investment round, which would value the company at...
The world of B2B payments management may not get all the breathless and elegiac press that there counter parts at financial services technology get. But while praise is pleasant of course, and correlated to investor interest, at the end of the day for emerging start-ups...
Could IPO now stand for “It’s Positively Over?” The Wall Street Journal reported that a majority of companies are struggling (to put it politely) after having gone public last year. In fact, said the publication, of the 175 firms that bowed on the public markets...
The U.K.’s top payments startup, Powa Technologies, is failing to pay its own employees and suppliers after running out of investment money and failing to raise fresh funding. CEO Dan Wagner said that the company was “missing or late with staff payments and salaries” in a video...
Lest you think it’s only the small investor who flees at the drop of a hat, or stock, consider that some of the biggest names in the hedge fund world have cored their holdings in Apple as if they’d discovered worms in the once-highflying tech...
The investment pond was more or less tranquil this week, with only around $118M in total activity exciting the waters. And though most investors have been more focused on the latest round of earnings, Polish beacon firm Kontakt.io managed to pick up another $5M to...
