April 15, 2021
Santosh Rao, the head of research at Manhattan Venture Partners, believes a $100 billion valuation for Coinbase is reasonable. Manhattan Venture Partners was an early investor in Coinbase, Palantir, Draft Kings, and more.Read Article
April 6, 2021
Netflix (NFLX) is keeping up with tradition and spending big money on new content.
Late last week, several reports cited the streamer spending upwards of $450 million to secure the rights of the next two sequels for “Knives Out” — one of 2019’s biggest its. If confirmed, the deal would be one of the largest movie streamer deals in history.
The first film cost $40 million to make, and brought in over $311 million globally at the box office. Director, writer and producer Rian Johnson, as well as star Daniel Craig, are both signed on to return for the next installments.
“It’s not a question of spending — they have to,” Santosh Rao, head of research at Manhattan Venture Partners, told Yahoo Finance in an interview.Read Article
Venture Bytes is a monthly insight report highlighting topical ideas, current trends and emerging opportunities in the global technology landscape