THESTREET | Uber Technologies and Lyft Inc., both planning highly-anticipated public offerings, could be two of the first unicorns to take the plunge in the public markets this year.
VENTUREBEAT | The post-seed gap is a top cause of startup death, and the crunch is more acute than ever. Between 2007 and 2015, the seed-to-Series-A graduation rate dropped from over 35 percent to 7.4 percent. Meanwhile, as fund sizes have ballooned, the average amount of capital raised in the seed and A rounds has more than doubled.
THE WALL STREET JOURNAL | The firm aims to help post-seed companies make the leap to ‘supersized’ Series A stage
YAHOO FINANCE | On Monday, the Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA), the 1992 federal law that banned sports betting basically everywhere in America other than Nevada. In a 6-3 decision in the case of Christie vs NCAA et al, the justices deemed PASPA unconstitutional.
ANDROID HEADLINES | Spotify should become its own record label according to one industry expert. The world’s biggest streaming service recently announced plans for its own initial public offering but after confirming a huge loss of $1.5 billion in 2017, a number of investors appear to be pretty reluctant when it comes to investing in the company.