We dive into Palantir’s finances, Apple fires back against Epic Games and Lambda School raises funding. This is your Daily Crunch for August 21, 2020. The big story: Palantir docs show $579M net loss Danny Crichton got a hold of the confidential S-1 filing for secretive data analytics company Palantir and has been unpacking the […]
We are continuing to make progress through Palantir’s leaked S-1 filing, which TechCrunch attained a copy of recently. We have covered the company’s financials this morning, and this afternoon we talked about the company’s customer concentration. Now I want to talk a bit about its ownership and stock valuation. First, let’s talk about ownership. Having […]
We are still walking through Palantir’s leaked S-1, which as of the time of this writing, hasn’t yet been filed and published by the SEC. This morning, we discussed some of Palantir’s financials, including its revenues, margins, and net losses. Leaked S-1 screenshots show Palantir losing $579M in 2019 The company’s customer base — and […]
Welcome back to Human Capital, where we unpack the latest in diversity, equity and inclusion, and labor issues in the tech industry. In this week’s edition, we’re looking at the latest in Uber and Lyft’s court battle to keep their drivers classified as independent contractors, Pinterest’s well-timed announcement of a Black board member, overall board […]
Rocket Lab has made a remarkable recovery after losing a payload during a mission failure on July 4 — just eight weeks later, the company has set a launch window for its next dedicated commercial mission that spans 12 days beginning August 27 at 3:05 PM local New Zealand time. At the end of July, […]
Apple has filed legal documents opposing Epic’s attempt to have itself reinstated in the iOS App Store, after having been kicked out last week for flouting its rules. Apple characterizes the entire thing as a “carefully orchestrated, multi-faceted campaign” aimed at circumventing — perhaps permanently — the 30% cut it demands for the privilege of […]
So you’re looking for a storage unit to put some stuff in for a few months. Maybe you’re moving and your new place isn’t ready yet — or maybe you’re just looking to declutter and want to tuck some stuff away for a while and see if you’re really ready to part with it. As […]
It has been nearly a decade since Anu Duggal, founding partner of Female Founders Fund, started raising money to invest in women-led startups. In 2020, the investor says her thesis — that there will be a generation of successful venture-backed businesses built by women — is one you can’t avoid. “You can’t argue with that […]
Once upon a time, Box’s Aaron Levie was just a guy with an idea for a company: 15 years ago as a USC student, he conceived of a way to simply store and share files online. It may be hard to recall, but back then, the world was awash with thumb drives and moving files […]
This morning, we published exclusive, leaked details about Palantir’s much anticipated S-1 filing, including the company’s revenues, margins, operating loss and government/commercial contract breakdown. Leaked S-1 screenshots show Palantir losing $579M in 2019 One aspect that we didn’t cover much though was the actual process the company intends to use to float its shares on […]
In discussions of ethically dubious social networks, Facebook is the usual reference choice. But spare a thought for subscribers of InterNations, a Munich-based social networking community for expats, who have found themselves unable to obtain refunds for full-year payments charged in the middle of the coronavirus crisis. InterNations has operated an expat networking experience since […]
Disrupt 2020 is a few weeks away and we’re looking for founders to submit their pitch decks. In the Pitch Deck Teardown, top venture capitalists and entrepreneurs will evaluate and suggest fixes for Disrupt 2020 attendees’ pitch decks. First impressions are everything, and pitch decks are often the first glimpse of companies by investors and business […]
Palantir filed an S-1 confidentially to the SEC in early July, but we have so far been waiting for the final document to be published for weeks now with nary a murmur. Now, thanks to some leaked screenshots to TechCrunch from a Palantir shareholder, we might have some top-line numbers. Full-year revenues and losses In […]
It was the Australian bush fire that finally did it. For 12 years Adam Hearne had worked at companies that represented some of the world’s largest sources of greenhouse gas emissions. First at Rio Tinto, one of the largest industrial miners, and then at Amazon, where he handled inbound delivery operations across the EU, Hearne […]
Less than a month after the Israeli medical imaging startup Nanox raised $59 million in funding and said it was close to going public, the company has now bitten the bullet. Today the company announced that it raised $165.2 million in an initial public offering. And after its shares were priced at $18 for its debut on […]
This week Airbnb announced that it has privately filed to go public, putting the famous unicorn on a path to a quick IPO if it wants. The recent move matches reporting indicating that the home-sharing upstart could yet go public in 2020 despite the collapse of the travel industry. The Exchange explores startups, markets and […]
An effort by TikTok users to troll President Trump’s official campaign app with thousands of one-star reviews appears to have had an impact — if not the impact the pranksters had wanted. In July, Bloomberg reported TikTok activists were flocking to the Official Trump 2020 app on the U.S. App Store to fill it with […]
During the COVID-19 pandemic, supply chains have suddenly become hot. Who knew that would ever happen? The race to secure PPE, ventilators and minor things like food was and still is an enormous issue. But perhaps, predictably, the world of “supply chain software” could use some updating. Most of the platforms are deployed “empty” and […]
