How to value a startup in a downturn

How to value a startup in a downturn

The value of technology companies has fallen as the broader public markets have repriced themselves in light of COVID-19-related market and economic disruptions. And as the public markets sort out the new value of a huge piece of global business, private companies are...
Apple acquires Dark Sky, Android version shutting down in July

Apple acquires Dark Sky, Android version shutting down in July

Dark Sky, the popular weather app, has been acquired by Apple . News of the acquisition comes by way of Dark Sky’s own blog. The company says that there will be “no changes” for users on iOS right now — but for Dark Sky users on Android, the forecast isn’t so good....
Brandless founder Tina Sharkey joins the board of PBS

Brandless founder Tina Sharkey joins the board of PBS

Tina Sharkey, the founder and former CEO of the recently closed D2C brand Brandless, has today been appointed to the board of directors of PBS. Sharkey is an independent board member. Before her time at Brandless, Sharkey spent years in the media world. She scaled...
Daily Crunch: Amazon warehouse workers walk out

Daily Crunch: Amazon warehouse workers walk out

Amazon faces worker complaints over its response to the COVID-19 pandemic, General Motors says it’s moving fast to manufacture face masks and we’ve got some numbers quantifying the video conferencing boom. Here’s your Daily Crunch for March 31, 2020. 1. Amazon...