Month: December 2016

How Facebook is taking on the responsibilities of a news organization

December 19, 2016

On today’s show, we’ll talk about Facebook‘s fight against fake news articles; reports that Japan has overtaken China as the biggest holder of U.S. debt; and one organization’s effort to get consumers to buy real Christmas trees.

Read Article

Airbnb trying to get along with regulators ahead of IPO

December 13, 2016

Analysts who follow Airbnb aren’t so sure. “Revenue will be affected — you can’t get around that,” said Santosh Rao, head of research at Manhattan Venture Partners. But Rao says that while the exact regulatory concessions that Airbnb would make have been unclear, it was obvious to anyone that the company’s game of putting off accepting new rules couldn’t last forever. The events of the past week don’t change how he values the company. “I factored that in,” he said. “It’s not going to be a straight walk.”

Read Article

Mutual Funds Sell Airbnb, DocuSign Shares

December 12, 2016

DocuSign shares traded higher about a year ago, said Jared Carmel, managing partner at secondary markets firm Manhattan Venture Partners, in part because the company was reluctant to approve secondary stock sales that were below roughly $16 per share. The company has since loosened those restrictions, allowing trades to happen at lower prices, which has made it easier for employees to cash out some of their stock holdings, Mr. Carmel said. DocuSign did not respond to requests for comment.

Read Article

Airbnb Turns the Volume Down on Its Fights With Regulators Everywhere

December 8, 2016

Santosh Rao comments in “Airbnb Turns the Volume Down on Its Fights With Regulators Everywhere”. Airbnb has always operated under a cloud of legal uncertainty as it battled city governments over how to regulate its network of short-term rental properties. The company has been kicking it into high gear to clear the situation up in recent days. On Wednesday, it released a report laying out its approach to local regulations, trying to capitalize on a weeklong stretch in which it agreed to enforce limits on rentals in London and Amsterdam, dropped a lawsuit against New York City, and praised new rules in New Orleans as a potential nationwide model.

Read Article

Snapping up Snap Ahead of IPO Proves Tough

December 1, 2016

Jared Carmel, managing partner at Manhattan Venture Partners, another firm that works with investors in secondary private tech shares, said he has spoken to buyers, mostly hedge funds and so-called “family offices” that represent groups of wealthy individuals, which currently want to invest around $200 million in Snap. But he hasn’t been able to find shares to buy.

Read Article

Join 15k Venture Bytes Subscribers

Venture Bytes is a monthly insight report highlighting topical ideas, current trends and emerging opportunities in the global technology landscape

  • This field is for validation purposes and should be left unchanged.