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Dan Primack / Axios:
In a letter to the SEC, Uber asks for a change of rules to allow it to compensate drivers with company stock   —  Uber on Thursday sent a letter to federal securities regulators, asking for rules changes that would let it provide company stock to its drivers, Axios has learned.
Oct 11, 2018, 7:03 PMIn context
Dan Primack / Axios:
David Byttow, co-founder of now defunct anonymous messaging app Secret, which Snap tried to buy in 2014, has joined Snapchat as director of engineering   —  David Byttow, co-founder of anonymous messaging app Secret, has quietly joined Snapchat as director of engineering.
Oct 2, 2018, 7:35 PMIn context
Dan Primack / Axios:
Two of Benchmark Capital's longtime general partners, Matt Cohler and Mitch Lasky, are voluntarily stepping back as the VC firm raises its ninth fund   —  Two of Benchmark Capital's longtime general partners, Matt Cohler and Mitch Lasky, are stepping back as the venerable venture capital firm raises its ninth fund.
Oct 1, 2018, 4:30 PMIn context
Dan Primack / Axios:
Sources: Meredith Perry has stepped down as CEO of uBeam, the controversial wireless charging startup she founded in 2011   —  Meredith Perry has stepped down as CEO of uBeam, the controversial wireless charging startup she founded in 2011, Axios has learned.
Sep 20, 2018, 3:14 PMIn context
Dan Primack / Axios:
HQ Trivia has a new CEO   —  Trivia app HQ hrecently made a CEO swap, putting co-founder Colin Kroll in charge and moving former CEO Rus Yusupov into a chief creative officer role.  The news was first reported by Digiday.  — HQ also today previewed a new, Wheel of Fortune-like game.
Sep 18, 2018, 4:00 PMIn context
Dan Primack / Axios:
Inside the implosion of Social Capital as key partners and execs keep leaving and, sources believe, Chamath Palihapitiya is no longer putting the firm first   —  Social Capital arrived in Silicon Valley seven years ago with a charismatic co-founder, former Facebook executive Chamath Palihapitiya …
Sep 7, 2018, 2:20 PMIn context
Dan Primack / Axios:
Sources: a16z is shifting from multi-sector to specialized funds and plans an early stage $750M fund for consumer and enterprise software startups next year   —  Venture capital firm Andreessen Horowitz is changing up its fundraising strategy, moving away from multi-stage, multi-sector flagship vehicles …
Aug 29, 2018, 12:50 PMIn context
Dan Primack / Axios:
Uber says it has hired Nelson Chai, formerly CEO of Warranty Group and CFO at NYSE and others, as its CFO, a position that's been empty since 2015   —  Uber on Tuesday announced that it has hired veteran Wall Street executive Nelson Chai as chief financial officer, a position that has been empty since 2015.
Aug 21, 2018, 12:08 PMIn context
Dan Primack / Axios:
Slack now valued above $4 billion   —  Enterprise collaboration platform Slack has raised $427 million in new Series H funding at a valuation north of $7.1 billion.  —  Why it's a big deal: Because while Slack is massive (8 million daily active users and over 70k paid teams) …
Aug 21, 2018, 9:10 AMIn context
Dan Primack / Axios:
DoorDash raises $250M at a $4B valuation, says it met or exceeded most of metrics set during its March Series D and had 250% YoY growth in delivery volume   —  Food delivery startup DoorDash on Thursday said it has raised $250 million in new venture capital funding at a $4 billion post-money valuation.
Aug 16, 2018, 5:20 PMIn context

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