After an update about 3,000 newly announced layoffs at Uber we discuss Facebook’s acquisition of GIPHY for $400M and Andreesen Horowitz’s investment in the hotly sought after Clubhouse round.
We discuss the ongoing situation related to COVID-19 especially as it relates to layoffs at Lyft, Uber and Airbnb including Uber’s contemplated acquisition of Lime and Grubhub and Airbnb hosts exploring options to book guests through other means.
In this episode, we discuss the growing number of companies and funds that are offering venture debt as another funding strategy for high growth companies and startups.
We discuss several new large funds which have recently filed Form Ds and SoftBank’s desire for several of their portfolio companies to stop competing directly and maybe head towards profitability.