OpenSea’s $13B valuation doesn’t make sense as NFT trading volumes plunge
The web3 faithful will note that the NFT market goes up and down, and as it is down today, it will go up again. That may be true, and it may even be correct soon. Today, however, it is not true.
Today’s startup layoffs have nothing on the 2020 correction
The point at which layoffs started to rise as a percentage of all changes to startup employment was loosely the same moment that everyone decided that paying 100x ARR was probably too much.
25 French unicorns, 25 French unicorns, do I hear 100?
French President Emmanuel Macron hopes there will be 100 French unicorns by 2030. Economy Minister Bruno Le Maire, 10 homegrown decacorns. But shouldn't we all dream of centaurs instead?
Zendesk agreed to sell itself to an investor collective for $10.2 billion. An 11-figure sale of any company is notable, but in the case of Zendesk, it's not for the reasons you might initially expect.
TikTok says ‘Project Texas’ will bolster security for U.S. users in wake of China data access concerns
Over the weekend, TikTok wrote to Republican Senators to assure them that it’s working on a program called “Project Texas” to bolster data security for U.S.-based users. This was in response to the Senators’ letter to the company dated June 27 that questioned its data access…