Throw some more money on the Uber stacks. The on-demand car company has just raised another cool $1 billion, according to sources quoted in the Wall Street Journal. The $1 billion brings the total funding to $5. The company is…
Spotify Hits 20M Paid Users, Defends Artist Payouts
Spotify has a message for Apple and its new Apple Music venture – you’re starting well in the hole. The streaming music company has just announced it has hit 20 million paid subscribers, and 75 million total active users (meaning…
Should Entrepreneurs Seek Crowdfunding?
A lot of entrepreneurs in todays landscape must decide whether or not to go the crowdfunding route. If you ask multi-billionaire Richard Branson, you’re probably best off at least considering it. Branson has been an investor in popular crowdfunding platform…
Uber Continues to Raise Tons of Money
Someone just gave Uber a bunch of money, again. Bloomberg reports that the on-demand car company has just raised $1.6 billion in convertible debt from Goldman Sachs’ wealth management clients. Bloomberg has the specifics on the deal: The bond Uber…
Twitter Co-Founder Evan Williams Launches Obvious Ventures
Evan Williams, co-founder of Twitter and Blogger, is back with his third version of Obvious, the previous versions of which spawned Twitter, Medium, and Twitter co-founder Biz Stone’s Jelly and Super. This one is called Obvious Ventures, and running the…
Uber Raises New $1.2 Billion Round Of Funding
Uber is trying to put that whole PR fiasco it had to deal with last week behind it. The company is now dominating headlines for announcing that it has raised a new $1.2 billion round of funding, so it’s definitely…
Uber Could Soon Be Valued at $40 Billion
Uber could be valued at a staggering $35 to $40 billion after a new round of funding, according to a report. “T. Rowe Price Group Inc. is in discussions to be a new investor, said the people, who asked not…
Square Reportedly Raises New $150M Round At $6B Valuation
There has been no official announcement so far, but according to a report from The New York Times, Square has raised a new $150 million round of funding, valuing the company at $6 billion. The report cites a person briefed…
Yahoo Is Reportedly Investing in Snapchat and Its Sky-High Valuation
Yahoo is one of the backers that’s ready to throw out a funding round that values Snapchat at $10 billion, according to reports. The Wall Street Journal quotes the all-knowing and omnipresent “people familiar with the matter”, who claim that…