With most people sheltering at home during this pandemic, ride-hailing apps aren’t getting much use these days. This initially translated into quickly declining revenue for companies like Uber and Lyft, but now, more than a month into the coronavirus pandemic, both are announcing layoffs. Uber...
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April 29, 2020 albert
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Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today, we’re taking digging into two trends: recent layoffs at various domestic unicorns and secondly, how those layoffs match a recent uptick in austerity across...
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January 8, 2020 albert
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Steemit, an early blockchain startup that’s developing an alternative to Reddit, has a new chief less than two months after laying off most of its staff as part of cost-cutting measures. Celebrated as an early success story in the crypto world, the company shed 70...
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January 23, 2019 albert
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