Techmeme
December 7, 2020, 6:55 AM

Top News

Bloomberg:
Source: investors in at least two mature Sequoia funds will see 11X returns on paper, after fees, and another fund is showing 8X returns  —  About a week before the coronavirus was declared a pandemic, one of the world's leading venture capital firms issued a dire prophecy.
Kevin Roose / New York Times:
How Biden's digital campaign, largely focused on positive, authentic messaging and “Facebook moms”, defeated Trump's “Death Star” digital operation  —  The campaign's empathetic digital strategy held up surprisingly well against President Trump's passionate digital following.
Maureen Farrell / Wall Street Journal:
Sources: Airbnb plans to boost the proposed price range of its IPO to between $56 and $60 a share, which equates to a valuation of $39B to $42B, fully diluted  —  New price range for home-rental company's public debut equates to $39 billion to $42 billion, fully diluted
Financial Times:
Christopher Mims / Wall Street Journal:
How some Black startup founders are finding it easier to attract investors in 2020, as investors are accessible on Zoom and creating diversity-focused funds  —  An unexpected side-effect of lockdowns: It can be easier to get a meeting with a venture capitalist.
Kanishka Singh / Reuters:
Google says it pulled some Chrome extensions of IAC, the holding company behind services like Vimeo, for policy violations and is reviewing enforcement options  —  (Reuters) - Alphabet Inc's Google said on Sunday it has removed a number of browser extensions of online conglomerate IAC/InterActive Corp for …
Aoife White / Bloomberg:
Amazon's proactive engagement with EU regulators, addressing their concerns, may help it avoid the fate of Google, which was fined ~$9B for antitrust violations  —  Amazon faced the prospect of an escalating conflict with the European Union in November when Margrethe Vestager …
Jane Lytvynenko / BuzzFeed News:
This year disinformation about the pandemic, BLM protests, and the election divided the US, with the “Plandemic” as a case study of social networks' failures  —  Disinformation and its fallout have defined 2020, the year of the infodemic.  Month after month, self-serving social media companies …
Misyrlena Egkolfopoulou / Bloomberg:
TikTok videos offering dubious financial advice are drawing millions of views, as young people increasingly turn to the app as a source of financial literacy  —  Buy several credit cards with different due dates.  Max out spending on the first one, use another to pay it off …

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Karen Hao / MIT Technology Review:

Earlier Picks

Cade Metz / New York Times:
Lucas Shaw / Bloomberg:
Karen Hao / MIT Technology Review: