nCompass completed its IPO, valuing the company at $7 billion dollars (really $9 billion after accounting for the full dilution of all convertibles, warrants, employee stock options, and other derivatives). For all the early investors, it's a huge win...
In 2015, Sam Altman issued his famous Demo Day valuation challenge, asking startup naysayers and bubble callers to place a friendly six-figure wager. Sam picked three baskets - late stage, mid-stage, and the entire graduating Winter 2015 YC batch....
Most New York City Startups are now one month into the entire team working from home. It's been an eye-opening experience from a cost perspective. First of all, dining out really is a big waste of money most times....
Most unfortunate and interesting. The closest Whole Foods to RentHop HQ will be closing to public shoppers. Instead, it will "focus more on prime orders" during the Covid-19 shutdowns. The Bryant Park Whole Foods is now sending out inventory...
Absolutely brutal... but it is the right thing to do. No guest should need to worry about traveling just to prevent a forfeiture of their deposits. No host should compel a guest to take health risks, or be forced...
Everyone anticipated a big IPO from Airbnb this year. They are the most successful and widely recognized Y Combinator alum, and have had the luxury of staying private while fueling incredible growth. They raised big rounds along the way,...