Accompany’s digital chief-of-staff application launches in beta
Many executives and employees have need for a role that’s basically a “chief of staff” — someone who keeps track of all the details about everyone they encounter and are headed off to meet in their professional careers. But there’s plenty of information that they might be missing out on, and as you head downstream to smaller companies those roles are just as… Read More Continue reading Accompany’s digital chief-of-staff application launches in beta
It’s an interesting time for Dropbox’s document-building tool, Paper. Quip, in a similar vein to Paper, was bought for a whopping $750 million by Salesforce earlier this week. This deal surprised a ton of people, but made a lot of sense given that Salesforce has seemingly been dipping its toes into collaboration software. So Quip is a great, and natural, fit for Salesforce and…
Apple’s third quarter results came out today. They’re pretty good! Or, at least, not bad — and good enough to keep investors happy. Very happy, actually: the stock jumped more than 7%, recovering pretty much all of the value it lost when it reported a complete whiff of a second quarter. It’s no monster crash or jump like Twitter regularly experiences, but 7% is enough…
Apple needed a breakout quarter after its last whiff, and boy did it get one. The company reported revenue of $42.4 billion and earnings of $1.42 per share. Analysts were expecting earnings of $1.38 per share on revenue of $42.09 billion. As a result the company added tens of billions of value back to its share price, which rose 5% in extended trading. (5% might not feel like a lot, but for…
Zenefits is executing a change in its current ownership structure that will increase the overall ownership of the company for late-stage investors; it’s a move that revalues the company’s Series C round at $2 billion and looks to placate investor concerns over the company’s regulatory investigations. As part of accepting the new ownership changes, the investors…
Are we living in a simulation? For whatever reason, this is a hot topic in Silicon Valley these days. It all more or less started when Tesla Motors CEO (and soon to be SolarCity CEO — check one off for the simulation argument there) Elon Musk made a claim at the Code Conference that there’s such a high chance that we’re living in a simulation that it’s more likely we…
Twilio today said it would price its initial public offering at $15 per share, which would value the company at around $1.23 billion. That would value Twilio above its previous $1 billion valuation from its last financing round. With the pricing, the company expects to raise around $150 million, with an option for another 1.5 million shares to be purchased. It’s also a higher price than…
500 Startups’ 16th demo day just wrapped up, and the firm is already turning its eyes to its next batch of companies. More than 40 startups are participating in this batch of companies. From softer baby products to tools for creating and distributing vertical videos (a big focus given the shift on many mobile platforms), there’s something that might pique pretty much…