Techmeme

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Theodore Schleifer / Recode:
Sources: self-driving startup Aurora is raising $500M+ at a $2B+ valuation in a round led by Sequoia   —  Aurora's appeal is predicated on three well-credentialed founders from Google, Tesla, and Uber.  —  The startup Aurora — which is not yet two years old but has made waves …
Jan 8, 2019, 3:07 PMIn context
Amir Efrati / The Information:
Leaked docs from last March: Uber projected net revenue of $14.2B by 2019, up 2X from 2017, and its 2019 EBITDA losses to shrink to $500M from ~$1.7B in 2018   —  When Wall Street banks last fall were pitching to take Uber public, some suggested the ride-hailing giant could hit the public market with a valuation of $120 billion.
Jan 7, 2019, 7:00 PMIn context
Sean O'Kane / The Verge:
Audi spins out its VR division into a new startup called Holoride that announces a partnership with Disney to make VR experiences for back seat passengers   —  Blasting bad guys from the back seat of an E-Tron  —  iIron Man needs help.  He's being chased through outer space by some of Thanos' baddies …
Jan 7, 2019, 1:05 PMIn context
Patrick McGee / Financial Times:
HERE Mobility, backed by German car makers, debuts an app called SoMo for planning rides from multiple transport services in 15 cities, including London and LA   —  Here Technologies, the digital mapping service purchased for €2.8bn by German carmakers in 2015, launched a new transportation app …
Jan 7, 2019, 12:50 PMIn context
Jingjing Jiang / Pew Research Center:
The share of US adults who say they have used a ride-hailing service grew to 36% in 2018 vs 15% in 2015, but only 4% use ride-hailing apps on a weekly basis   —  The share of Americans who use ride-hailing services has increased dramatically.  Today, 36% of U.S. adults say they have ever used …
Jan 4, 2019, 1:50 PMIn context
Amy Feldman / Forbes:
Profile of Transfix, an online freight marketplace for truckers and shippers that has raised $78M and is valued at around $800M   —  t 12, Drew McElroy was in trucking.  His parents ran a freight brokerage operation out of a spare bedroom in Milltown, New Jersey—connecting truck owners …
Jan 4, 2019, 8:55 AMIn context
Amir Efrati / The Information:
Sources: Waymo has 950 employees while Cruise has 1,000+ and Uber's autonomous vehicle division has ~1,100; half of Waymo's 10-person executive team is female   —  Alphabet's Waymo self-driving car unit was the first to launch a commercial robo-taxi service, picking up and dropping off paying passengers.
Jan 2, 2019, 3:55 PMIn context
Theodore Schleifer / Recode:
All Raise: 14 women were added to US VC firms in senior roles in Q2 2018, the most of any recent quarter, but about 75% of firms still have no female partners   —  Venture capitalists spent 2018 welcoming women to the fold, but the welcome has been fitful, uneven and, scariest of all, tentative.
Jan 1, 2019, 9:20 PMIn context
Globes Online:
Der Spiegel: Volkswagen is planning to write off over $300M it invested in Gett, as the Israeli startup struggles to compete with Uber, Lyft, Didi, and others   —  “Der Spiegel” reported that Volkswagen would write off its over $300 million investment in the Israeli taxi hailing company.
Dec 31, 2018, 5:40 AMIn context
Shannon Bond / Financial Times:
Inside Uber's US serious incident team where ~130 investigators deal with reports of crashes, physical altercations, sexual misconduct, theft, and stalking   —  There is space for scores of people in a section of Uber's office in downtown Phoenix but on a recent weekday morning only a handful …
Dec 30, 2018, 11:30 PMIn context

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