LATech Digest @LATechDigest
LA / Silicon Beach tech & entertainment news. Santa Monica, CA Joined October 2014-
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Wow, what a piece of shit company. businessinsider.com/bird-silicon-v…
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LATech Digest retweeted
Scooter company Bird delisted from NYSE after stock collapse, will trade over the counter cnbc.com/2023/09/22/sco…
The failure of #SVB $SIVB will have a HUGE effect on LA’s venture / startup / tech realm; I hope that LABJ & LAT do a deep dive on this and explain in great detail on the local ramifications.
When the upper decks are telling everyone to stay calm… then you KNOW it’s time to GTFO #SVB
The original Snapchat HQ, now for lease along the Venice Boardwalk
Bird Scooter founder lowers asking price on Bel-Air mansion realtor.com/news/celebrity…
$BRDS 2022’s chart of the year — down 97% in ONE YEAR #birdscooter
Scooter company BIRD is a total turd:
LATech Digest retweeted
Bird scooter raised $883M, the latest bit at a valuation of 2.5B in 2019, and is now a penny stock valued at $120M
This is happening right outside @Snapchat’s first offices. Squatters (not homeless, squatters) call north of Rose Ave “Methlehem.” @mikebonin @ericgarcetti it is past time to clean this up. (CC: @RadioChio)
This is happening right outside @Snapchat’s first offices. Squatters (not homeless, squatters) call north of Rose Ave “Methlehem.” @mikebonin @ericgarcetti it is past time to clean this up. (CC: @RadioChio)
SM-based @happyreturnsco acquired by @PayPal cnbc.com/2021/05/13/pay…
LATech Digest retweeted
Per @TheHustle @YouTube is no rookie when it comes to building out creative platforms. In 2019, its creative ecosystem contributed: •~$16B to the US GDP (equivalent of 345k full-time jobs) •~$2B to the British GDP (30k jobs) •~$622m to the French GDP (15k jobs)
Bumble stumbles after quarterly earnings announcement, down 50% from IPO
LATech Digest retweeted
Sunday night scoop: Bird is preparing to merge with Switchback II, a Dallas SPAC. Value is $2.3 billion, below the $2.85 billion it reached in 2020. The financials reveal Bird lost $226 million in 2019 and $183 million last year. dot.la/bird-ipo-26529…
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