by admin | Apr 21, 2020 | News
Rocio Wu Contributor Rocio Wu is a second-year MBA candidate at Harvard Business School and a venture capitalist. For the past month, VC investment pace seems to have slacked off in the U.S., but deal activities in China are picking up following a slowdown prompted by...
by admin | Apr 21, 2020 | News
How big a hit is Netflix’s “Tiger King”? In its latest earnings release, the streaming company says 64 million households have “chosen to watch” the docu-series its first four weeks of release. You’ll note that it isn’t claiming that 64 million people actually watched...
by admin | Apr 21, 2020 | News
As much of the world has ground to a temporary halt over stay at home orders, Amazon has continued churning. The retail giant is nothing if not an essential business for many in the U.S. and abroad, as everyday tasks like going to the supermarket and drugstore have...
by admin | Apr 21, 2020 | News
Creative platform Patreon has laid off 30 employees, which is 13% of its workforce, TechCrunch has learned. “It is unclear how long this economic uncertainty will last and therefore, to prepare accordingly, we have made the difficult decision to part ways with 13% of...
by admin | Apr 21, 2020 | News
Software as a service companies, modern software firms often referred to by the acronym ‘SaaS,’ had a tough day in the public markets. The basket of companies, as tracked by Bessemer’s cloud index, dropped 4.49% during regular trading hours. The losses gave back some...
by admin | Apr 21, 2020 | News
With almost everyone stuck at home thanks to the COVID-19 pandemic, Netflix was widely expected to do well in the first quarter of 2020 — but it did even better than anticipated. Before the current crisis, Netflix had forecasted 7 million net new paid subscribers for...