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Payments Start-Up Stripe Surges to $95 Billion Valuation

The payments company Stripe is worth $95 billion after a new round of funding, making it the most valuable start-up in the United States.The San Francisco and Dublin-based company said […]







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Airbnb Is Driving Hosts Elsewhere With Costly Pandemic Policies

Another host, Anthony Farmer, filed a proposed class-action lawsuit against Airbnb in U.S. District Court for the Northern District of California in November. The suit, which is attempting to override […]




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TikTok parent ByteDance joins patent troll protection group LOT Network

LOT Network, the non-profit that helps businesses of all sizes and across industries defend themselves against patent trolls by creating a shared pool of patents to immunize themselves against them, […]




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The Gig Economy Dipped Again in the Fall. But How Bad Was It?

In a year turned upside down by the pandemic, Roberto Moreno’s experience as a ride-hailing driver in San Diego reflected the fortunes of the companies for which he drove.In March, […]







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Airbnb cancels all bookings for DC during Inauguration week

“Today, in response to various local, state and federal officials asking people not to travel to Washington, D.C., we are announcing that Airbnb will cancel reservations in the Washington, D.C. […]




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Market Edges Toward Euphoria, Despite Pandemic’s Toll

“It’s not as obvious a bubble as 20 years ago,” said Jay Ritter, a finance professor at the University of Florida who studies initial public offerings. “But we’re close to […]




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Wish (and Airbnb, and Palantir) investor Justin Fishner-Wolfson doesn’t care about first-day pops

It’s probably no wonder that when Founders Fund was still a very young venture firm, it brought aboard as its first principal Justin Fishner-Wolfson. Having nabbed two degrees from Stanford […]