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1. Pinterest establishes a range of $ 15 to $ 17 for IPOs, for a valuation of $ 10.6 billion compared to a previous valuation of $ 12.3 billion
Pinterest social media platform filed an updated S-1, in which it set the price range between $ 15 and $ 17 per share, which would give the company between $ 10 and $ 11.3 billion.
This is a difficult (or rather conservative) picture, valuing the company at about $ 2 billion less than its valuation as a private startup when it raised its funds in 2017.
2. To stop copies, Snapchat shares
Evan Spiegel has finally found a way to defend himself against Mark Zuckerberg's army of clones. His plan is to let other apps embed the best parts of Snapchat, rather than creating their own half-price copies.
3. Grab plans to raise an additional $ 2 billion this year to fund a wave of acquisitions in Southeast Asia
After closing a nearly $ 1.5 billion increase with SoftBank Vision Fund in a mbadive multibillion dollar H Series contract, Grab today announced its intention to increase this amount to $ 6.5 billion to strengthen his fight with Go-Jek.
4. Sinemia faces consumer resistance and a clbad action lawsuit against a battery of complaints
Earlier this week, we spoke to Executive Director Rifat Oguz about current service issues. He told us, "As CEO, I can say that we are still learning."
5. Gizmodo Media Group acquired by private equity firm Great Hill Partners
Gizmodo Media Group became part of Gawker Media and was taken over by Univision following Gawker's legal defeat (following a lawsuit by Terry Bollea) and subsequent bankruptcy.
6. Klaviyo Raises $ 150 Million B Series After Building Its Old-Style Company
The co-founder, Andrew Bialecki, wrote in a blog post that the founders decided to start their first years of business, saying it was the right way to start a business – and they did not know how to collect funds.
7. This week's TechCrunch podcasts
Equity's team reflects on Lyft's free fall share price, while Original Content reviews Theranos' documentary, "The Inventor".
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