Uber clearly does not subscribe to the ‘mo money ‘mo problems theory. The company has raised another $1.6 billion dollars, this time in a convertible debt round from Goldman Sachs according to… Read more »
In its early days, grocery store delivery startup Instacart made its money two ways: Through delivery fees and product markups. It charged customers more for individual groceries than their in-store price. But… Read more »
This hasn’t happened in awhile. Uber just slashed its cost in 48 of its U.S. markets. The last time it started giving such big discounts was half a year ago, at… Read more »
A few weeks before New Year’s, I received a pitch from Flywheel that I’ve been waiting for since I started using the service in 2013. It said, “Flywheel Battles Uber with… Read more »
What happened here? Two months ago I met Scott Sassa in our offices when he was all gaga over Uber.com’s chances. In those two months, it tu… Read more »
Last we knew, Scott Sassa, the former CEO of Friendster, had left his EIR position at Kleiner Perkins and taken over as the CEO of an obscur… Read more »